Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big names such as 3M, General
November 15, 2024
Shares in Palantir Technologies Inc were up more than 6% on Friday, hitting a record high, after it announced late on Thursday that it would list on the Nasdaq and expects
November 15, 2024
Russia's leading tanker group Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance, as it reported falling revenues and core
November 15, 2024
Bitcoin broke through the $90,000 level on Wednesday, to an all-time high in a rally showing no signs of easing on expectations that Donald Trump as U.S.
November 15, 2024
Alibaba Group Holding missed analysts' estimates for second-quarter sales on Friday, as persistent economic uncertainty sapped consumer spending in
November 15, 2024
The main UK stock indexes slipped on Friday, with losses in AstraZeneca and GSK weighing on the blue-chip FTSE 100, while data showed Britain's economy contracted unexpectedly in September.
November 15, 2024
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two weeks, on concerns
November 15, 2024
Private equity firm KKR has raised its tender offer price for Fuji Soft by 7% to 9,451 yen ($60.86) a share, the Japanese software developer said on Friday, narrowly surpassing a
November 15, 2024
Global equity funds saw the largest weekly net purchases in over a decade in the week to Nov. 13, driven by investor optimism that a decisive second-term mandate for Donald Trump would
November 15, 2024
Samsung Electronics has decided to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, after shares plunged to more than four-year
November 15, 2024
Chip behemoth Nvidia is reporting quarterly results and global PMI data is rolling in as markets continue to digest the fallout from Donald Trump's U.S. presidential election win, with
November 15, 2024
Europen shares slipped on Friday, weighed down by disappointing earnings, concerns about the impact of U.S.
November 15, 2024
Shares of major U.S. drugmakers fell on Friday after President-elect Donald Trump picked anti-vaccine activist Robert F.
November 15, 2024
Options players are piling in to riskier bets across the U.S. stock market, supporting a rally that has come on the back of fading election worries and
November 15, 2024
A look at the day ahead in European and global markets from Stella Qiu Asian shares ended a brutal week on a steadier note helped by Chinese consumers pushing retail sales beyond forecasts after a
November 15, 2024
China's factory output growth slowed in October and it was still too early to call a turn in the crisis-hit property sector even though
November 15, 2024
Nissan Motor shares jumped as much as 6% in early Tokyo trading on Friday after Japan's Diamond Online magazine reported that activist investor Oasis Management had taken a stake in
November 15, 2024
Bristol Myers Squibb was hit on Thursday with a $6.7 billion lawsuit claiming it cheated former Celgene shareholders by delaying federal approval for three drugs, 1-1/2 months
November 14, 2024
Three prominent investment firms bet changes are in the offing at ailing healthcare giant CVS Health and added to existing bets and established a new
November 14, 2024
Norfolk Southern says it has a deal with Ancora Holdings to keep the investor from launching a repeat of this year’s campaign to take control of the railroad
November 14, 2024
Australian grocers Woolworths and Coles said on Friday they would defend class action proceedings commenced by a law firm in federal court over alleged misleading
November 14, 2024
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate
November 14, 2024
Pony AI is seeking a valuation of up to $4.48 billion in its U.S. initial public offering, it said on Thursday, as the Chinese self-driving firm moves ahead with its
November 14, 2024
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next
November 14, 2024
A Republican sweep in the U.S. elections puts rating agency Morningstar DBRS “more on alert” regarding the country’s fiscal accounts, managing director for global sovereign ratings
November 14, 2024
Tapestry abandoned its $8.5 billion bid for Michael Kors owner Capri after a judge blocked it following a lawsuit by the U.S.
November 14, 2024
Nigeria plans 47 trillion naira ($28.18 billion) spending for its 2025 budget, using an assumption of an oil price of $75 per barrel and target production of 2 million barrels per day
November 14, 2024
Railroad operator Norfolk Southern agreed to add an independent member to its board as it settled a long-drawn battle with activist investor Ancora Holdings over the company's governance.
November 14, 2024
Hilton Worldwide said on Thursday it had authorized the repurchase of an additional $3.5 billion worth of common stock under the hotel giant's existing repurchase program.
November 14, 2024
The Brazilian government must cut spending "to the bone" and there is an urgency to announce a much anticipated fiscal package, outgoing central bank chief Roberto Campos Neto
November 14, 2024
UK stocks rose on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround plan, while investors awaited speeches from finance
November 14, 2024
Canada's main stock index extended its record-setting run on Thursday as gains for energy shares offset a pullback in technology stocks and investors weighed recent declines
November 14, 2024
Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate
November 14, 2024
A look at the day ahead in U.S. and global markets by Amanda Cooper.
November 14, 2024
Blackstone has dropped plans to acquire a majority stake in the snacks business of India's Haldiram's but is now discussing purchase of a 20% stake at a valuation
November 14, 2024
Telecoms group VEON is considering an initial public offering (IPO) for its Ukrainian unit Kyivstar in the U.S. as early as next year, CEO Kaan
November 14, 2024
Sumitomo Mitsui Financial Group, Japan's second-largest lender by assets, raised its annual net profit forecast on Thursday to a record 1.16 trillion yen ($7.44 billion) after a 27%
November 14, 2024
Europe's STOXX 600 bounced back with a 1% gain, driven by strong performances in the energy and technology sectors, while positive earnings reports
November 14, 2024
Investors sharply ramped up their short bets on Asian currencies and turned bearish on the Singapore dollar for the first time since early July on rising
November 14, 2024
Mitsubishi UFJ Financial Group, Japan's top lender by assets, on Thursday raised its annual net profit forecast to a record 1.75 trillion yen ($11.23 billion) after second-quarter
November 14, 2024
Computer chip equipment maker ASML, facing the threat of more U.S.-led curbs on trade with China, is upbeat on sales growth over the next five
November 14, 2024
Siemens stock surged on Thursday after the engineering company posted better than expected results and said it was in a good position to navigate mounting global
November 14, 2024
A look at the day ahead in European and global markets from Rae Wee Market movement over the past week or so since Donald Trump won the U.S. presidential election have been characterised by a turbo-
November 14, 2024
U.S. stocks slipped as the market’s big burst following Donald Trump’s election continued to cool
November 14, 2024
Artisan Partners, a U.S.-based investor in Japanese retail giant Seven & i Holdings, called on the company's special committee to consider a bidding process of competing takeover
November 14, 2024
A gauge of global stocks fell for a third straight session on Thursday while the dollar climbed, after U.S. labor market data and comments from Federal Reserve
November 14, 2024
The U.S. dollar strengthened against major peers on Thursday, trading at a one-year high and headed for a fifth straight session of gains, propelled
November 14, 2024
Colombian financial conglomerate Grupo Aval reported on Wednesday a more than six-fold increase in its third-quarter net profit, climbing to 415.7 billion Colombian pesos ($94.18 million).
November 14, 2024
Brazilian state-run lender Banco do Brasil posted on Wednesday an 8.3% increase in its third-quarter adjusted net profit from a year earlier, while it also said
November 13, 2024
Banks raised $23.5 billion by issuing investment-grade bonds on Tuesday, the biggest debt issuance by financial institutions in a single day since the beginning of 2016, as
November 13, 2024
Hedge fund manager Nelson Peltz, who backed president-elect Donald Trump this year, said the election-fueled stock market rally cannot continue
November 13, 2024
Brazilian digital lender Nubank's adjusted net profit more than doubled in the third quarter from year earlier on a foreign-exchange neutral basis, it said on Wednesday, beating
November 13, 2024
The Supreme Court seems likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its dependence on selling computer chips for the mining of volatile cryptocurrency
November 13, 2024
Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena (MPS),
November 13, 2024
Spirit Airlines shares plunge on bankruptcy speculation
November 13, 2024
U.S. small-cap stocks have surged to near record highs following Donald Trump's presidential election win, but some investors are wary of chasing the rally as
November 13, 2024
Frontier Communications shareholders have approved a $9.6 billion sale to Verizon, the company said on Wednesday, even as a number of large investors sought to get a higher price.
November 13, 2024
Bitcoin broke through the $90,000 level on Wednesday, to an all-time high in a rally showing no signs of easing on expectations that Donald Trump as U.S.
November 13, 2024
Traders of contracts that settle to the Federal Reserve's policy rate moved Wednesday to price in a firmer chance of another quarter-point interest-rate cut at the central bank's meeting
November 13, 2024
As Wall Street financiers gathered in downtown Manhattan on Wednesday, their optimism about President-elect Donald Trump's deregulatory agenda
November 13, 2024
Donald Trump's presidential election win has forced bond strategists to make a material change in their outlook towards higher longer-dated Treasury yields, a
November 13, 2024
Restaurant chain Cava touched a fresh record high as its shares rose more than 16% at $167.50 in early trading on Wednesday, after it surpassed quarterly earnings
November 13, 2024
The UK's FTSE 100 ended slightly higher on Wednesday as U.S. inflation data was in line with expectations, keeping hopes of rate cuts intact, while defence company Smiths
November 13, 2024
Canada's main stock index rose on Wednesday, led by gains for energy and technology shares, as oil prices climbed and U.S. inflation data supported
November 13, 2024
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
November 13, 2024
Canadian supermarket retailer Loblaw Companies missed third-quarter revenue estimates on Wednesday, hurt by a slowdown in the demand for its non-essential goods such as household items and
November 13, 2024
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with
November 13, 2024
A look at the day ahead in U.S. and global markets by markets correspondent Naomi Rovnick. The ghosts of inflation past, present and future are haunting global markets on Wednesday as the U.S.
November 13, 2024
European shares ended Wednesday on a dour note, with the STOXX 600 closing at a three-month low as rising energy shares countered real estate losses,
November 13, 2024
Japan's Mizuho Financial Group will take a 15% stake in Rakuten Group subsidiary Rakuten Card for 165 billion yen ($1.06 billion) in a further deepening of the two companies'
November 13, 2024
Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it had agreed to sell its U.S. unit Grubhub to Wonder at a steep
November 13, 2024
Siemens Energy has not proposed a dividend for the 2024 fiscal year, citing limitations to its payout policy as a result of obtaining project guarantees last year that are backed by
November 13, 2024
A look at the day ahead in European and global markets from Kevin Buckland The wide-ranging market bets on big fiscal spending, lower taxes and higher tariffs under incoming U.S.
November 13, 2024
U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates
November 13, 2024
The chairman of the board of Korea Zinc vowed on Wednesday to make way for an outsider after the firm dropped a plan to issue new shares worth $1.8
November 13, 2024
The U.S. dollar advanced to one-year high against major currencies on Wednesday powered by so-called Trump trades and after U.S. inflation for October came in as
November 13, 2024
Mexico plans to set aside about $6 billion from its 2025 draft budget for heavily indebted national oil company Pemex and would help its debt obligations next year, Bloomberg News reported
November 12, 2024
Singapore Telecommunications posted a 6% rise in underlying net profit for the half-year and gave improved guidance for the full year on Wednesday,
November 12, 2024
Hedge fund Brigade Capital is receiving a $300 million investment from Blackstone to help build its new private credit strategy and expand its
November 12, 2024
A look at the day ahead in Asian markets.
November 12, 2024
Flutter, the world's largest online betting company, nudged up its full-year guidance for the second successive quarter on Tuesday after its non-U.S. brands drove
November 12, 2024
Commonwealth Bank of Australia reported first-quarter cash earnings slightly ahead of market consensus on Wednesday, helped by improved volumes in its home lending and
November 12, 2024
Bridgewater Associates Co-Chief Investment Officer Karen Karniol-Tambour said on Tuesday U.S. stocks are a "good thing" to hold, adding she expects robust
November 12, 2024
The Justice Department and three U.S. states filed a lawsuit on Tuesday to block UnitedHealth Group's $3.3 billion purchase of Amedisys Inc over concern the deal would harm competition in
November 12, 2024
Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy and markets
November 12, 2024
ValueAct Capital has built a $1-billion stake in Meta Platforms but is not currently pushing for big changes at the Facebook and Instagram parent, a source familiar
November 12, 2024
Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the industrial conglomerate to split into two separate companies
November 12, 2024
Rental car firm Hertz Global reported a wider-than-expected third-quarter loss and missed revenue estimates on Tuesday, hurt by high depreciation charges from its fleet vehicles, sending
November 12, 2024
Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, following in the footsteps of other industrial
November 12, 2024
Tyson Foods beat Wall Street expectations for fourth-quarter profit on Tuesday and said its rebounding chicken business would limit fallout from ongoing
November 12, 2024
Ermenegildo Zegna's controlling shareholder has raised its stake in the luxury group and intends to increase it further, the company said on Tuesday.
November 12, 2024
Canada's main stock index rose to a record high on Tuesday as gains for technology shares, led by e-commerce company Shopify Inc, offset pressure on resource shares due to a
November 12, 2024
Wall Street's three major indexes closed lower on Tuesday as investors booked some profits from a post-election rally and waited anxiously for U.S
November 12, 2024
Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter, but it was less severe than in the past, and its performance beat Wall Street’s expectations
November 12, 2024
Home Depot forecast a smaller drop in annual same-store sales on Tuesday, benefiting from resilient demand from professional contractors, as well as a lift from hurricane-
November 12, 2024
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe Almost a week on from the U.S. election and investors are wasting no time betting on who they believe will be the biggest
November 12, 2024
Want to know what Trump will do as president? Look to the market
November 12, 2024
Nasdaq-listed electric vehicle maker VinFast said on Wednesday it will get a fresh round of funding worth 85 trillion dong ($3.35 billion) from its founder and its parent firm, Vingroup by
November 12, 2024
Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed inflation pressures in Britain remained too high for the BoE's 2% inflation target
November 12, 2024
Brazil's Banco BTG Pactual's third-quarter adjusted net income jumped 15% from the same period last year supported by higher revenue and improved operational leverage.
November 12, 2024
Nissan Motor shares jumped as much as almost 21% on Tuesday after a filing showed activist investor Effissimo Capital Management had taken a stake in the struggling
November 12, 2024
U.S. stocks slipped as juice ran out for the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory
November 12, 2024
A gauge of global stocks declined on Tuesday after advancing for five straight sessions while the dollar hit its highest level in over six months as investors
November 12, 2024
Bitcoin rallied to the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on
November 12, 2024
The U.S. dollar rose to a 6-1/2-month high against major peers on Tuesday, while bitcoin pared gains after earlier hitting a record high
November 12, 2024
Ticketmaster-parent Live Nation Entertainment beat Wall Street estimates for third-quarter profit on Monday, helped by cost controls, sending its shares up 5.1% in extended trading.
November 11, 2024
By Alden Bentley A look at the day ahead in Asian markets.
November 11, 2024
Chipotle Mexican Grill was sued on Monday by shareholders for concealing how many of its restaurants were skimping on portions, forcing the chain to spend more on
November 11, 2024
As money continues to pour into crypto following Donald Trump’s reelection, bitcoin has climbed to yet another record high
November 11, 2024
Investors are piling into bullish options bets on Tesla shares, with the stock hitting its highest level in more than two years on bets that CEO Elon Musk’s
November 11, 2024
Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion was "fraudulently transferred" by FTX management to Binance and
November 11, 2024
Canada's main stock index edged higher on Monday as investors remained bullish following the U.S. presidential election, but gains were held in check by a sharp decline in
November 11, 2024
Morgan Stanley's private equity arm is selling its heating, ventilation and air conditioning (HVAC) business, Sila Services, about three years after it invested in the
November 11, 2024
Hedge funds snapped up bank stocks at the quickest clip in three years while taking bets against renewable electricity producers last week, a Goldman Sachs note
November 11, 2024
Tesla shares extended last week's sharp rally with a jump of over 8% on Monday, fueled by bets of the automaker benefiting from CEO Elon Musk's close ties with U.S.
November 11, 2024
Futures tied to Canada's main stock index rose on Monday, mirroring Wall Street peers, with investors focusing on this week's major economic indicators including key U.S. inflation data.
November 11, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar continues to feed on a mix of post-election tariff and tax cut speculation, China's struggle with deflation and Germany's
November 11, 2024
Wall Street's main indexes notched record high closes on Monday, lifted by stocks expected to benefit from Republican President-elect Donald
November 11, 2024
New bank lending in China tumbled more than expected to a three-month low in October, as a ramp-up of policy stimulus to buttress a wavering economy failed
November 11, 2024
Europe's main stock index logged its best day in six weeks on Monday, with defence stocks in the lead on prospects of higher military spending in
November 11, 2024
China's semiconductor index leapt close to a three-year high on Monday on bets a U.S. order halting Taiwan Semiconductor Manufacturing Co's shipments of advanced chips to Chinese
November 11, 2024
German automotive and industrial supplier Continental cut its annual sales guidance for the second time this year on Monday, citing weak
November 11, 2024
A look at the day ahead in European and global markets from Wayne Cole.
November 11, 2024
Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check
November 11, 2024
Britain imposes asset freeze, travel ban on Angola's Isabel dos Santos
AI will force tech investors to become macro aware: Wang
ICC issues arrest warrants for Israel's Netanyahu, Gallant and Hamas leader
Man killed in rocket attack on northern Israeli town, Israeli medics say
Hong Kong democracy activist Jimmy Lai denies inciting hatred towards China in trial
Pope says Vatican's pension fund faces 'serious imbalance'
Kokkinakis gets past Shelton for Australia to lead the US 1-0 in Davis Cup
‘It’s a joke’: Italian tennis star crowned world champion after winning Olympic gold, can hardly believe her own success
How a gruesome attack along a UGA trail has changed the lives of students and nature lovers