European Natural Gas Prices Fall as Market Eyes Woodside Labor Talks
European natural gas prices edged lower as the market awaited news from a round of talks aimed at avoiding a strike at […]
Eurozone Business Activity Weakens Further
The Flash Eurozone Composite PMI fell to a 33-month low of 47 in August, below expectations, as the bloc’s economic downturn extended […]
Oil Weakens on Economic Worries
Oil prices weakened in Europe as they faced headwinds from stronger supplies and concerns about a challenging macroeconomic backdrop.
German Business Activity Sinks Deeper into Contraction
The Germany Composite PMI fell to 44.7 in August, its steepest decline in more than three years, as the country’s key manufacturing […]
Reckitt Benckiser CFO Retires
Reckitt Benckiser’s CFO plans to step down on March 31 and will be replaced by Nike’s Shannon Eisenhardt.
Eurozone Bond Yields Ease Ahead of Flash Estimate PMI Data
Eurozone government bond yields traded lower ahead of flash estimate purchasing manager survey data, while U.S. Treasury yields remain at elevated levels, […]
USD/SGD Consolidates Ahead of Jackson Hole Economic Symposium
USD/SGD consolidated in the afternoon Asian session ahead of the Jackson Hole Economic Symposium to be held later this week, where Fed […]
Sasol Cuts Dividend After Profit Falls
Sasol reported adjusted underlying earnings for the year of ZAR66 billion, in line with its guided range, but cut its dividend after […]
Traders are ramping up their bets that the blockbuster rally in Nvidia’s shares will accelerate after the chip manufacturer issues its earnings report on Wednesday.
Traders are ramping up their bets that the blockbuster rally in Nvidia’s shares will accelerate after the chip manufacturer issues its earnings […]
How Goldman Sachs Fumbled Its Consumer Business
When Goldman Sachs entered the credit card space in 2019, many consumer banks were concerned that a new competitor had emerged. But […]
Wall Street’s China Dreams Slip Away
U.S. banks and asset managers are struggling to expand their businesses while tensions with China escalate.
Hollywood Studios Make Public Their Latest Offer to Striking Writers
Among the concessions the studios said they offered are a guaranteed minimum length of employment, controls around the use of generative AI […]