French stocks rebounded on Tuesday after suffering heavy losses in the previous session following President Emmanuel Macron\'s decision to call a snap national election in response to the recent surge of far-right success in the European Union elections. The benchmark CAC 40 was up 14 points, or 0.2 percent, at 7,908 after losing 1.4 percent...
U.K. stocks edged lower on Tuesday as the latest employment data painted a mixed picture of the economy. The unemployment rate ticked up to 4.4 percent from 4.3 percent in the three months to April, the highest rate since September 2021 but wage growth jumped to 5.9 percent, raising concerns that higher wages can feed...
ADM Animal Nutrition, affiliated to food processing company Archer-Daniels-Midland Co. or ADM, has expanded its recall to include additional lots of various feed products citing elevated levels of magnesium, sodium, calcium, chloride and/or phosphorus. These elevated levels may harm cattle, chickens, equine, goats, lambs, llamas, rabbits, sheep and swine. The latest recall of products come...
European stocks were subdued on Tuesday as investor focus shifted to Wednesday\'s U.S. consumer price data and the Federal Reserve interest-rate decision. The Fed is widely expected to leave interest rates unchanged, but traders will pay closer attention to Fed officials\' updated projections for the economy and rates. Meanwhile, the latest employment data from the...
Indian shares ended a choppy session on a flat note Tuesday as investors awaited Wednesday\'s U.S. consumer price data and the Federal Reserve interest-rate decision for directional cues. The Fed is widely expected to leave interest rates unchanged, but traders will pay closer attention to Fed officials\' updated projections for the economy and rates. Market...
BJ\'s Wholesale Club (BJ), a leading operator of membership warehouse clubs, announced Tuesday an expansion of its popular same-day delivery service to include big-ticket items. BJ\'s members in participating ZIP codes will now be able to order items like patio sets, grills and televisions for delivery, made possible through collaboration with Roadie, a UPS company....
French stocks tumbled on Monday after French President Emmanuel Macron unexpectedly announced a snap legislative election. Macron\'s decision comes after far-right Eurosceptic nationalists made gains in European Parliament elections. The benchmark CAC 40 was down 137 points, or 1.7 percent, at 7,864 after falling half a percent on Friday. Banks led losses, with BNP Paribas,...
Indian shares look set to open on a positive note Monday despite weak cues from global markets. Underlying sentiment may remain supported somewhat after Narendra Modi was sworn in as Prime Minister at Rashtrapati Bhavan Sunday for a rare third term. The Union Cabinet for the 18th Lok Sabha includes 30 cabinet ministers, five ministers...
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from global markets on Friday, as traders react to data showing much stronger than expected US job growth in the month of May and also an unexpected uptick in the unemployment rate. The data faded hopes of a rate cut by...
Indian shares opened on a steady note Monday after Narendra Modi was sworn in as Prime Minister for a rare third term and the Bharatiya Janata Party (BJP) retained at least 31 ministers in the Union Cabinet for the 18th Lok Sabha, indicating the continuity of programs. The upside was capped as a stronger-than-expected U.S....