U.K. stocks were subdued on Wednesday as commodity-related shares declined on concerns about weakening U.S. and Chinese growth. The benchmark FTSE 100 was marginally lower at 8,338 after rising 0.2 percent on Tuesday. Miners Anglo American, Antofagasta and Glencore fell 1-3 percent as metals prices declined on demand concerns. Hochschild Mining plunged nearly 5 percent...
European stocks advanced on Wednesday ahead of highly anticipated results from Nvidia later today and key U.S. inflation data on Friday. The highly anticipated earnings report from the AI darling will provide a key test for the AI demand story. The pan European STOXX 600 was up 0.3 percent at 520.62, hitting a one-month high....
French consumer confidence improved in August to the highest point since the start of the war in Ukraine, survey results published by the statistical office INSEE showed on Wednesday. The consumer confidence index rose to 92 in August, in line with forecast, from 91 in July. This was the highest since February 2022. Nonetheless, the...
The South Korea stock market on Wednesday ended the three-day slide in which it had given up almost 20 points or 0.7 percent. The KOSPI now rests just beneath the 2,690-point plateau although its likely to see renewed selling pressure on Thursday. The global forecast for the Asian markets is mixed and flat ahead of...
The Malaysia stock market has finished higher in three straight sessions, collecting almost 40 points or 2.4 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,675-point plateau although investors figure to lock in gains on Thursday. The global forecast for the Asian markets is mixed and flat ahead of...
The Singapore stock market on Wednesday ended the four-day winning streak in which it had gained more than 35 points or 1 percent. The Straits Times Index now sits just above the 3,390-point plateau and the losses may accelerate on Thursday. The global forecast for the Asian markets is mixed and flat ahead of key...
The China stock market has tracked lower in back-to-back sessions, slumping almost 20 points or 0.7 percent along the way. The Shanghai Composite Index now sits just above the 2,835-point plateau and it may remain stuck in neutral again on Thursday. The global forecast for the Asian markets is mixed and flat ahead of key...
The Hong Kong stock market on Wednesday ended the two-day winning streak in which it had climbed more than 260 points or 1.5 percent. The Hang Seng Index now sits just beneath the 17,700-point plateau and it may take further damage on Thursday. The global forecast for the Asian markets is mixed and flat ahead...
Alight, Inc. (ALIT), a cloud-based human capital technology and services provider, announced Monday that the Companys Board of Directors recently appointed Dave Guilmette as Chief Executive Officer. In addition, Guilmette will continue as Vice Chair of the Board. As part of the Companys previously disclosed succession plan, Stephan Scholl has stepped down as Alights CEO...
Bloomin Brands, Inc. (BLMN) announced Monday that Michael Spanos has been appointed Chief Executive Officer of the company. Spanos will begin his new role in Tampa on September 3, 2024. Former CEO David Deno announced on May 7, 2024, his planned retirement as CEO and from the Board of Directors. Spanos joins the company from...