Category: Forex

Insecticides (India) NSE:INSECTICID reported a fire incident at its Dahej plant in Gujarat, India on Sept. 7, according to a Friday filing. The company said there was no loss or injury to human life and there was minimal impact on plant and machinery.

The yen strengthened on Monday as comments from Bank of Japan (BOJ) Governor Kazuo Ueda stoked hopes that Japan could soon herald a new era away from negative rates, while the dollar was on the back foot ahead of this week’s U.S. inflation reading.The …

The annual inflation rate in Rwanda increased for the first time in five months to 17.4% in August 2023, up from 17.3% in July.The main drivers of the overall acceleration in inflation were prices of food & non-alcoholic beverages (30.8% vs 29.2% in Ju…

Former President Donald Trump took to Truth Social on Tuesday, criticizing both the Wall Street Journal and Fox News. In a series of posts, Trump challenged several prominent figures, including President Joe Biden and media mogul Rupert Murdoch, to und…

** Shares of Syrah Resources ASX:SYR rise as much as 15.8%to A$0.675, mark their biggest intraday pct gain since Dec 23, 2021 ** Stock at highest level since Aug 15** The battery anode and graphite co says the United States International Development Fi…

Sweden’s Autoliv NYSE:ALV, NYSE:ALV, the world’s largest producer of airbags and seatbelts, reported on Friday a rise in second-quarter adjusted profit that was bigger than expected.

U.S. stock index futures crept higher on Friday, setting the Dow on track for its tenth straight day of gains, while megacap growth and technology stocks recovered after sharp losses in the previous session.The blue-chip Dow DJ:DJI outperformed other W…

A look at the day ahead in U.S. and global markets from Mike DolanAs markets blew the froth off this year’s extraordinary rally in Big Tech stocks on Thursday, the dollar clocked its best day – and likely its best week – for more than two months.After …

Investors’ rush to the safety of cash, a dominant theme in flow data this year may be peaking, Bank of America global research said on Friday, referencing EPFR data that showed an net outflow from cash in the past two weeks.There was a net $10 billion …

The S&P 500 closed lower on Thursday, following losses in shares of Tesla Inc NASDAQ:TSLA and Netflix Inc NASDAQ:NFLX. However, the Dow notched gains for the ninth straight session.Shares of Tesla dipped 9.7%, notching its biggest single-session perc…

By Christian Moess LaursenShell said Friday that it expects to book after-tax impairments of up to $3 billion for the second quarter of 2023, and that upstream production declined from the first three months of the year.The energy major said it expects…

Chinese shares ended the week with losses, extending the downbeat sentiment for three straight days on Friday, as investors lamented stronger-than-expected US jobs data, which could give the Federal Reserve more room for interest rate hikes in the futu…

Round-up of South Korean financial markets:** South Korean shares dropped on Friday, dragged down by heavyweight chipmakers after Samsung Electronics reported lower profit, while caution over U.S. employment data also weighed on sentiment. ** The won w…

Securities analysts revised their ratings and price targets on several European companies, including Convatec Group, Getinge and Rotork, on Friday. HIGHLIGHTSFollowing is a summary of research actions on European companies reported by Reuters on Friday…

The U.S. two-year Treasury yield (US2YT=RR) rose back above 5% in early European trade on Friday after labour market data on Thursday fuelled expectations for more aggressive policy tightening from the Federal Reserve. The two-year Treasury yield was l…

AGNC Investment NASDAQ:AGNC closed at $9.66 in the latest trading session, marking a +1.79% move from the prior day. The stock outpaced the S&P 500’s daily gain of 0.24%. At the same time, the Dow added 0.03%, and the tech-heavy Nasdaq gained 5.73%.Com…

They say everything’s bigger in Silicon Valley — just kidding, that’s Texas. But, the ideas, innovation and certainly, the stakes are bigger in Silicon Valley.One giant thriving amidst it all is Nvidia Corporation NASDAQ:NVDA, which is at the heart of …

After experiencing a promising start to the year, AAVE faced a setback when it encountered resistance at the $92 level, resulting in a 34% correction over a two-month period. The recent blow to the crypto market caused by the SEC suing Binance has furt…

The global sovereign debt roundtable will meet on Friday to focus on technical talks aimed at discussing issues such as arrears and comparability of treatment for countries in default, two sources with direct knowledge of the matter told Reuters. This …

Major merchants and businesses are now accepting digital currencies as a genuine payment option, demonstrating how quickly cryptocurrencies have acquired recognition as a payment mechanism. This change will have a big impact on how business will operat…

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One of the most vocal supporters of Dogecoin has been entrepreneur and NBA team owner Mark Cuban. Tweets made by Cuban and Tesla CEO Elon Musk have been known to drive the price of Dogecoin higher as they help validate the meme cryptocurrency.Here’s a…

Apple, Inc. NASDAQ:AAPL has been hit with a new problem  — and, this time, it has nothing to do with its much-loved product portfolio or its growing services business.What Happened: Apple is seeing an “unprecedented” level of turnover at executive lev…

Air Force One is getting a new color scheme. President Joe Biden has selected a white, light blue, and yellow scheme for the presidential plane.Former President Donald Trump had previously chosen darker red, white, and blue for the plane. The Air Force…

HSBC Holdings LSE:HSBA has emerged as a potential bidder for Silicon Valley Bank UK, SVB’s subsidiary, as the British government races to secure an 11th-hour rescue, a Sky News reporter said in a tweet on Sunday.”A deal is not yet certain but I underst…

Bitcoin formed a historically bullish pattern when its 50-day moving average crossed above its 200-day moving average. According to an analyst from on-chain analytics firm Jarvis Labs, this pattern is known in the market as a golden cross and forecast …

Brazilian telecom operator TIM SA BMFBOVESPA:TIMS3 on Thursday reported a 23.2% decline in fourth-quarter net profit even as revenues surged, on the back of costs linked to its acquisition of Oi’s BMFBOVESPA:OIBR3 mobile division.TIM Brasil, controlle…

China’s MMG Ltd HKEX:1208 said on Friday its Las Bambas copper mine in Peru was able to secure critical supplies, enabling it to continue production at a reduced rate after road blockades prevented the arrival of key raw materials.

This article was first published for Livewire Markets. Over the past year, locally-listed tech darlings have been punished as interest rates lifted at their fastest rate, well, ever. Unfortunately for both these companies and consumers alike, the perio…

(Adds details) Feb 9 (Reuters) – Index provider MSCI announced onThursday quarterly changes to its widely followed stock indexes,including the All Country World Index and the Emerging Marketsindex. The three largest additions to the MSCI ACWI …

European Central Bank policymakers laid out diverging views on future interest rate hikes on Monday, suggesting that moves beyond next week’s half a percentage point increase remain contentious. The ECB promised in December a steady pace of 50 basis po…

Global equity markets edged higher on Monday as hopes of a less aggressive Federal Reserve buoyed investor sentiment, while the euro hit a nine-month peak against the dollar on the rising likelihood of more jumbo interest rate hikes in Europe.The start…

Chinese buyers are thought to have booked at least several large vessels of French barley this month, swelling a French export programme as merchants ship out a previous round of sales from late last year, European traders said.China has become a major…

Enel X Way, the e-mobility division of Italy’s biggest utility Enel MIL:ENEL, will make available its domestic and street charging services to Toyota and Lexus drivers, Enel and Toyota TSE:7203 said in a joint statement on Monday.The new partnership “m…

Kuwaiti Prime Minister Sheikh Ahmad Nawaf al-Sabah on Monday submitted the resignation of his cabinet to the country’s crown prince, state news agency KUNA reported, in the latest standoff between government and the elected parliament.Crown Prince Shei…

Enclosed are just five of the crypto-related things that got under my skin in 2022. There were far more than five, but obvious things like “the market went down” are not included because they’re not fun to write about.You’re reading Crypto Long & Short…

As Tesla (NASDAQ:TSLA) stock has gotten battered in 2022 — it’s down nearly 66% year-to-date — investors have begun to look around for better electric vehicle (EV) stocks to buy.Don’t get me wrong, almost all EV stocks are down in 2022, but Tesla was, …

We saw the rise of meme stocks last year, with everyone hoping to catch lightning in a bottle. Conversely, 2022 was a horrendous year for equities, especially the more speculative plays such as meme stocks.To be fair, social media-driven investments th…

President Xi Jinping wants China to accelerate efforts to achieve self-reliance in agricultural technology, identifying seed development and core equipment among areas to focus on, state media reported.The central leadership had said in 2020 that the c…

Wall Street stocks were positive on Wednesday morning, while government bonds and the dollar were muted, ahead of a U.S. Federal Reserve meeting later in the day and central bank decisions in Europe and Britain on Thursday.The subdued price moves follo…

U.S. crude oil stockpiles rose by more than 10 million barrels last week, the most since March 2021, buoyed by releases from the Strategic Petroleum Reserve and as refiners reduced activity. Crude inventories (USOILC=ECI) increased by 10.2 million barr…

I was about to get on a plane late Monday when the arrest of FTX and Alameda Research founder Sam Bankman-Fried in the Bahamas first became public. His profound and manifold criminality has been obvious for weeks, with more signs of disturbing corrupti…

Weekly consumer prices in Russia rose again but more slowly than the week before, data showed on Wednesday, all but confirming widely-held expectations that the central bank will keep its key interest rate on hold when it meets on Friday.Russia’s consu…

Spot basis bids for soybeans were steady-to-mixed on Wednesday morning across the eastern U.S. Midwest, while corn bids were steady-to-firmer.* Farmer selling remains quiet as growers monitor recent rains, brokers said.* Soybean bids firmed at an eleva…

Blackstone Inc NYSE:BX has warned of possible delays to the launch of a new private equity fund designed for wealthy individuals, as it copes with heavy investor withdrawals at two other funds in real estate and credit aimed at a similar clientele, the…

Residents near the site of the worst U.S. oil pipeline leak in a decade took the commotion and smell in stride as emergency crews labored to clean up in near-freezing temperatures, and investigators searched for clues to what caused the spill. A heavy …

The chief executive of Abu Dhabi state investor Mubadala (MUBDEV.UL) said on Saturday that 2023 would be a tough year for the global economy, but that the fund would be focused on opportunities serving a longer horizon.”If I look at the one-year horizo…

U.S. grocery chain Albertsons Companies Inc NYSE:ACI said that Washington State Court had denied a request of preliminary injunction by the state’s Attorney General to prevent the company from paying $4 billion to shareholders in a special dividend. Th…

The Russian-installed administration of Ukraine’s Kherson region said on Saturday that it had begun changing locally circulated Ukrainian hryvnia currency into Russian roubles, with hryvnia circulation in Moscow-controlled areas of the region to end on…

The anti-establishment candidate for Nigeria’s presidency will reform its system of costly subsidies and unify the local naira currency’s multiple exchange rates if elected in February, his manifesto released on Sunday showed.Nigeria operates multiple …

Vandalism may have caused a mass power outage in a Central North Carolina county, leaving about 45,000 homes and businesses in the dark Saturday night into early Sunday, affecting everything from Sunday worship services to golfers teeing off at well-kn…

Italy’s Prime Minister Giorgia Meloni said on Sunday that she may water down plans to make it easier to settle small payments with cash rather than cards, following talks with the European Commission over the issue.”Until 60 euros, we would like not to…

Egypt’s blue-chip index outperformed regional peers to close higher on Sunday, while Saudi and Qatari stocks slipped on weakness in the financial and petrochemical sectors.Oil prices, which fuel the region’s growth, fell 1.5% in choppy trading on Frida…

Egypt aims to issue its first panda bonds by the end of this fiscal year, Deputy Finance Minister Ahmed Kouchock said on Sunday. “We are just waiting for the right moment,” Kouchouk told an event at the American University in Cairo. Panda bonds are bon…

LJUBLJANA (Slovenia), December 2 (SeeNews) – The two stock indices on the Ljubljana Stock Exchange (LJSE) closed the trading week in red territory, as each lost 0.10% on Friday, bourse data showed.The blue-chip SBITOP index ended at 1,071.35 points, wh…

Rigel Pharmaceuticals (NASDAQ:RIGL) stock is heading higher on Friday after getting approval from the U.S. Food and Drug Administration (FDA) for its leukemia treatment.Specifically, the FDA has approved REZLIDHIA for the treatment of adult patients wi…

Chicago wheat extended losses on Friday to a fresh three-month low as modest weekly U.S. exports kept traders’ focus on competition from cheaper Black Sea supplies.Corn also fell, while soybeans rebounded, consolidating after a selloff in the previous …

U.S. stocks on Friday had bounced off their session lows but were weighed down in the wake of a stronger than anticipated November jobs report. Treasury yields and the dollar rose.The tech-heavy Nasdaq Composite (COMP.IND) was down 1.10% to 11,355.74 p…

Equities took a dip on Friday while the dollar gained ground and Treasury yields climbed as investors bet on a more hawkish-than-expected Federal Reserve response to a strong U.S. jobs report with employers hiring more workers than expected in November…

Motilal Oswal’s research report on Escorts KubotaEscorts Kubota (ESCORTS) hosted the investing community, followed by the plant visit at its Faridabad facility, where the entire senior management presented their mid-term strategy (till FY28E) and focus…

BULLS TAKE COVER (0811 GMT)Enthusiasm over recent moves by Chinese authorities to adjust the country’s zero-COVID policy is giving way to renewed caution as COVID cases ticked up in Beijing, stoking a risk-off mood in stocks and currencies, while oil p…

MATIC price started a major decline from the $1.00 resistance zone. Polygon bears are in control and might aim more losses towards $0.70 in the near term.Polygon’s MATIC Price DivesEarlier this month, polygon’s price made an attempt to gain pace above …

Criteria, the parent company of Caixabank BME:CABK, is in talks to sell its car parking operator Saba to Belgium’s Interparking, the Cinco Dias newspaper reported on Monday, citing unidentified financial sources.Saba could be worth as much as 1 billion…

Emkay Global Financial’s research report on Escorts KubotaWe attended Escorts’ analyst meet, where the management re-iterated its robust mediumterm growth prospects. FY28 revenue target is at Rs227bn as against Rs72bn in FY22, implying a 21% CAGR, driv…

Following are selected highlights from a report issued by the U.S. Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS) post in Beijing:”China’s marketing year (MY) 2022/23 soybean production is forecast to reach a near-record 19 milli…

Twitter has laid off 50% of its employees, the company’s head of safety and integrity said on Friday in a tweet, while saying that the social media platform’s content moderation capabilities remained in place. The tweet by safety and integrity head Yoe…

Chicago Mercantile Exchange lean hog futures declined on Friday, with the benchmark December contract hitting a near three-week low in what appeared to be featureless technical selling, traders said.CME December hogs (LHZ2) settled down 0.400 cent at 8…

The price of Dogecoin has been rallying in tandem with the bullish news of Elon Musk purchasing Twitter. It continues to maintain such high values even in a bear market due to the expectations that Musk, who has publicly expressed support for the meme …

Last year was a blockbuster when it comes to the returns growth stocks were able to generate. However, this year has proven to be much more challenging, erasing most of the gains investors saw during 2021. Dozens of growth stocks have plunged by more t…

Credit Suisse SIX:CSGN saw sharp falls in its shares and bonds on Monday as markets put the bank under intense scrutiny.The Swiss bank has insisted its capital and liquidity are strong, saying it will have more to say about a strategic revamp when it r…

HAK, a major seller of conserved foods such as peas, beans and apple sauce in the Netherlands, is to temporarily halt production this winter due to high energy costs, with a spokesperson saying the pause would last six weeks from January.Dutch national…

ZAGREB (Croatia), October 3 (SeeNews) – The European Commission said on Monday it has approved, under EU State aid rules, a Croatian methodology to calculate the premiums on state guaranteed loans for mid-caps and large enterprises granted under the Cr…

F-Secure Corporation, Press Release, 3 October 2022 at 17:30 EESTAcquisition cost of F-Secure and WithSecure shares in Finnish taxation after demergerFinnish tax administration has issued guidance on 30 September 2022 regarding the split of acquisition…

British finance minister Kwasi Kwarteng said on Sunday that he was focused on boosting longer-term growth, not on short-term market moves, when challenged over the sharp fall in sterling and bond prices following his first fiscal statement. Kwarteng sc…

China electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48($6.12) each in its Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter.The sou…

British finance minister Kwasi Kwarteng said on Sunday that he was focused on boosting longer-term growth, not on short-term market moves, when challenged over the sharp fall in sterling and bond prices following his first fiscal statement.”As chancell…

Iraq has started trial operations at the Karbala oil refinery south of the capital Baghdad, the oil ministry said in a statement on Sunday. The refinery has a production capacity of 140,000 barrels of oil per day, the statement said.

China electric vehicle maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48($6.12) each in its Hong Kong initial public offering, according to two sources with direct knowledge of the matter.The sources spoke …

Japan’s Deputy Chief Cabinet Secretary Seiji Kihara said on Sunday the government must take steps as needed against excessive declines in the yen.”As for excessive, one-sided currency moves, we will closely watch developments and must take steps as nee…

Japan’s Deputy Chief Cabinet Secretary Seiji Kihara said on Sunday the government must take steps as needed against excessive declines in the yen.”As for excessive, one-sided currency moves, we will closely watch developments and must take steps as nee…

Ubisoft EURONEXT:UBI, France’s biggest video games maker, is still open to other partners after a deal in which China’s Tencent HKEX:700 will raise its stake in the company, its co-founder and CEO Yves Guillemot said on Thursday.Guillemot’s comments, m…

“All the Beauty and the Bloodshed”, a documentary about U.S. photographer Nan Goldin and her fight against the wealthy Sackler family, won the top Golden Lion award at the Venice Film Festival on Saturday.Made by investigative journalist Laura Poitras,…

Porsche AG wants to be ready for a planned stock market listing as early as possible, an executive at the luxury sportscar unit of Volkswagen XETR:VOW was quoted as saying on Saturday, as investors showed huge interest in the initial public offering (I…

Labour Day weekend normally marks the time of year when automakers are eagerly discounting the current year’s models in order to make room for next year’s crop, Bank of Montreal noted in its AM Charts note. But not this year, it said, in noting that Ca…

US Treasury Levels: 3:00 Tuesday vs 3:00 Friday 2Y: 99-17 1/8 vs 99-22 3/4: 3.491% vs 3.398%5Y: 98-18 3/4 vs 99-06 1/4: 3.434% vs 3.300%10Y: 95-03 vs 96-07: 3.332% vs 3.195%30Y: 91-04 vs 93-15: 3.478% vs 3.344%2/10Y: -15.900 bps vs -20.653 bps5/30Y: 4….

Global stock markets were mostly lower on Tuesday while benchmark U.S. Treasury yields jumped to their highest levels since June as a U.S. services industry report underscored expectations the Federal Reserve will need to keep hiking interest rates.The…

Top U.S. natural gas producer EQT Corp NYSE:EQT said on Tuesday it would buy Quantum Energy-backed THQ Appalachia I LLC for $5.2 billion, expanding its operations to reap the benefits of strong commodity prices.A surge in global natural gas prices foll…

Wall Street’s main indexes closed lower on Tuesday, the first session after the U.S. Labor Day holiday and summer vacations, as traders assessed fresh economic data in volatile trading.A survey from the Institute for Supply Management (ISM) showed the …

Pakistan Finance Minister Miftah Ismail expects the economy to grow more than 3.5% for the fiscal year that started in July, Bloomberg News reported on Saturday.Ismail predicted inflation, running at the highest in 47 years and the second-highest in As…

Toyota Motor Corp TSE:7203 truck and bus unit Hino Motors TSE:7205 will halt production of some medium and heavy-duty trucks for at least another year after an engine emissions cheating scandal, Nikkei Asia reported on Sunday. (https://s.nikkei.com/3TJ…

Amazon.com Inc NASDAQ:AMZN said on Saturday that its pricey “Lord of the Rings” prequel series was watched by more than 25 million viewers around the world on its first day, a record debut for a Prime Video series.”The Lord of the Rings: The Rings of P…

Amazon.com Inc NASDAQ:AMZN said on Saturday that its pricey “Lord of the Rings” prequel series was watched by more than 25 million viewers around the world on its first day, a record debut for a Prime Video streaming series.

Bitcoin dipped below $20,000 on Saturday, continuing a drop that has taken it down nearly 60% from its year high.Bitcoin BITSTAMP:BTCUSD, the world’s biggest and best-known cryptocurrency, was last down 1.5% at $19,946 on Saturday, down $298 from its p…

Bitcoin was off 1.63% at $19,920 by late afternoon in Europe on Saturday, down $330 from its previous close.Bitcoin, the world’s biggest and best-known cryptocurrency, is down 58.7% from the year’s high of $48,234 on March 28.Ether BITSTAMP:ETHUSD, the…

The U.S. Transportation Department (USDOT) said Saturday it is temporarily waiving truck driver hours of service rules after the unanticipated shutdown of the BP Whiting, Indiana LSE:BP. refinery.Reuters reported Friday the 435,000 barrel-per-day refin…

Teams of drillers are working long hours to build wells to fight a devastating drought sweeping parts of China, farmers in Jiujiang city in the country’s central Jiangxi province told Reuters on Saturday.”These villages, all of them, are particularly d…

Maruti Suzuki NSE:MARUTI is open to forming partnerships with auto part makers to secure its future supply chain and maintain its leadership position, the chairman of India’s top-selling carmaker said in an interview.Partnering with suppliers in its ea…

Caspian Pipeline Consortium (CPC) has suspended oil loadings from two of three single mooring points (SPM) at its Black Sea terminal Yuzhnaya Ozereyevka for inspections, two sources familiar with the loadings told Reuters.”CPC suspended loadings from S…

Caspian Pipeline Consortium (CPC) has suspended oil loadings from two of three single mooring points (SPM) at its Black Sea terminal Yuzhnaya Ozereyevka for inspections, two sources familiar with the loadings told Reuters.”CPC suspended loadings from S…

Russia’s Gazprom said that it will ship 42.3 million cubic metres (mcm) of gas to Europe via Ukraine on Saturday compared with 42.1 mcm on Friday.

Private equity firm Lone Star said on Friday its cash proposal to buy Bank of Cyprus Holdings PLC LUXSE:XS1865594870 was rejected by the lender’s board.Shares in the Cyprus-based firm, which are up about 11% so far this year, closed at around 1.14 euro…

Some 1,422 electrochemical industry workers represented by Norway’s Industri Energi union will go on strike from Monday after negotiations with their employers broke down on Saturday, the union said.Industri Energi said the companies initially targeted…

Argentina announced late on Friday a package of tax and customs benefits for the oil and gas industry meant to attract dollars to the South American nation, which is battling crippling inflation and a low level of foreign currency reserves. The measure…

Anshu Jain, the former Deutsche Bank AG XETR:DBK co-chief executive officer, died early on Saturday at the age of 59 after a long, serious illness, the bank said.”Anshu Jain played a key role in expanding Deutsche Bank’s position in our global business…

Anshu Jain, the former Deutsche Bank AG XETR:DBK co-chief executive officer has died after suffering from cancer for five years, Bloomberg News reported on Saturday. “We are deeply saddened that our beloved husband, son, and father, Anshu Jain, passed …

A domestic industry source informed the Polymerupdate team about price revision of PTA announced by Indian Oil Corporation Ltd (IOCL). The source said, “PTA local prices have been raised by Rs.1.60/kg basic, with effect from August 13, 2022. The new ba…

The United States and Switzerland can move towards free trade between their countries with sectoral deals and they are working on facilitating business in the pharmaceutical sector, the U.S. ambassador to Switzerland told the Tages Anzeiger newspaper.S…

TOKYO, Aug 12 (Reuters) – Japan’s benchmark Nikkei average TVC:NI225 rises 2.01 percent to 28,378.58 on Friday, while the broader Topix TSE:TOPIX gained 1.40 percent to 1,960.65.

TOKYO, Aug 12 (Reuters) – Japan’s benchmark Nikkei average TVC:NI225 opened up 1.55 percent at 28,251.74 on Friday, while the broader Topix TSE:TOPIX gained 1.07 percent at 1,954.30.

South Korea’s SK Hynix aims to select a U.S. site for its advanced chip packaging plant and break ground there around the first quarter of next year, two people familiar with the matter said, helping the United States to compete as China pours money in…

Hydro One said power has been restored in Toronto after an outage on Thursday that lasted nearly eight hours and affected about 10,000 customers.

Wall Street Finance (BOM:511147) has appointed Pooja Mishra as the chief financial officer of the company, with effect from Thursday, according to a post-market hours filing the same day.

The first grain ship to depart from Ukraine under a U.N.-brokered deal docked in Turkey on Thursday after 11 days at sea, Refinitiv data showed, and the ship’s agent in Turkey said it would continue to Egypt after unloading part of its cargo.The Razoni…

Canada’s main stock index on Thursday rose at the open, helped by strong quarterly results from Canada Goose TSX:GOOS on resilient luxury demand, while extending gains after lower-than-expected U.S. inflation data. At 9:31 a.m. ET (1331 GMT), the Toron…

South Africa’s data network provider Rain said on Thursday it had made a formal request to present the board of Telkom SA JSE:TKG with a merger proposal to combine the two businesses.Rain said its proposal would be an alternative offer to that made by …

Wall Street’s main indexes opened higher on Thursday, extending a rally from the previous session as fresh evidence of cooling inflation further cemented expectations of a smaller rise in interest rates. The Dow Jones Industrial Average DJ:DJI rose 142…

MeiraGTx Holdings NASDAQ:MGTX reported a Q2 net loss Thursday of $0.76 per diluted share, wider than its loss of $0.46 a year earlier. Four analysts polled by Capital IQ forecast a loss of $0.62. Related party license revenue was $10.8 million for the …

Liz Truss, the front-runner to become Britain’s next prime minister, plans to rush through tax cuts earlier than planned in an attempt to boost the country’s flagging economy, the Sunday Telegraph reported.Truss was considering accelerating by six mont…