Oil Prices Move Little in Anticipation Of More China Cues
Oil prices kept to a tight range on Monday amid persistent concerns over high inflation and rising U.S. interest rates, while traders awaited more cues on demand from key Chinese...
Turkey Begins to Rebuild for 1.5 Million Left Homeless By Earthquakes
Turkey has begun work to rebuild homes following this month's devastating earthquakes, a government official said on Friday, as the combined death toll in Turkey and Syria surpassed 50,000. More...
Philippines Central Bank Chief Expects One More Rate Hike This Year, Possibly in March
The Philippine central bank will likely raise interest rates one more time this year and that could happen at its next monetary policy meeting in March, most likely by 25...
Abandon Hope, Cineworld Tells Shareholders
Cineworld (LON:CINE) shareholders are set to be wiped out completely after talks to bring the company out of bankruptcy failed to attract enough interest from buyers. The owner of the...
At G20 Meeting, U.S. Accuses Russian Finance Officials Of Complicity in War
U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting of being "complicit" in atrocities in Russia's invasion of Ukraine, while host India avoided mentioning the...
Nvidia Jumps on Bullish Outlook For AI-Fueled Demand; Sees Gaming Rebound
Nvidia (NASDAQ:NVDA) said better times are ahead for its chipmaking business, sensing a huge opportunity for its high-performance chips amid a growing frenzy for the new generation of artificial intelligence...
Telekom Reports Q4 Growth, Forecasts Slightly Higher Earnings in 2023
Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US (NASDAQ:TMUS), and forecast a slight rise in profits this year. Adjusted earnings...
Price Hikes Propel Danone’s Fourth Quarter Sales Above Estimates
Shares in Danone SA (EPA:DANO) rose on Wednesday after the French food products group reported better-than-expected fourth quarter sales that were fueled by higher prices. Total sales during the three...
Dollar Edges Lower; Fed Minutes Loom Large
The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders cautiously await the release of the minutes of the Federal...
Home Depot Shares Slide On Weak Sales, Annual Profit Forecast
Home Depot Inc (NYSE:HD) forecast annual profit below Wall Street expectations on Tuesday, hurt by higher supply chain costs amid weakening demand for home improvement products due to inflation. The...