The U.S. Consumer Product Safety Commission or CPSC has announced recalls including Walmart\'s electric mini choppers, children\'s pajamas, child bike seats, bed rails, as well as baby nests and crib bumpers citing various reasons. Walmart\'s Mainstays electric mini choppers were called back due to laceration hazard, and Thule\'s RideAlong rear-mounted child bike seats were recalled...
The Canadian market is up firmly in positive territory around late morning on Friday, led by gains in materials, technology and consumer sector stocks. Data showing a drop in Canadian employment and a rise in the unemployment rate has eased concerns about the outlook for interest rates. Investors are also reacting positively to upbeat non-farm...
The U.S. dollar moved higher against its major counterparts in the New York session on Friday, as strong-than-expected jobs data for March dampened hopes of imminent interest rate cuts by the Federal Reserve. Data from the Labor Department showed that non-farm payroll employment spiked by 303,000 jobs in March after surging by a downwardly revised...
Indian shares are seen opening higher on Monday despite mixed cues from global markets. Investors are likely to keep a close eye on the latest geopolitical developments after Israel said it would pull some troops out from Gaza. Iran continued to prepare a response to a suspected Israeli attack on its consulate in Syria, while...
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, as traders reacted to US data showing much stronger than expected job growth in March that pointed to a robust economy. They also remain cautious ahead of the monetary policy decisions from central banks in the...
Indian shares opened on a positive note Monday as new jobs data underscored the strength of the U.S. labor market and economy but prompted traders to scale down their rate cut expectations. The benchmark S&P BSE Sensex rose 363 points, or half a percent, to 74,611 in early trade while the broader NSE Nifty index...
Consumer goods giant Procter & Gamble Co. has called back around 8.2 million defective bags of Tide, Gain, Ace and Ariel laundry detergent packets distributed in the United States citing risk of serious injury, the U.S. Consumer Product Safety Commission announced. In addition, about 56,741 were sold in Canada. According to the agency, the outer...
European stocks may open on a positive note Monday after U.S. markets posted strong gains on Friday amid optimism that the economy remains healthy. Easing geopolitical tensions in the Middle East may also help underpin investor sentiment after Israel\'s military said that it was reducing its numbers of soldiers from southern Gaza amid talks for...
Industrial production and foreign trade from Germany and investor confidence from the euro area are the top economic news due on Monday. At 2.00 am ET, Destatis publishes Germany\'s industrial output and external trade figures. Economists forecast production to grow 0.6 percent on month in February, following a 1.0 percent rise in January. The trade...
Consumer discretionary and healthcare stocks are in demand in the Canadian market, which is up in positive territory around noon on Thursday after a steady start. A few stocks from real estate, technology, communications, industrials, technology and utilities sectors are also finding support. Energy and materials shares are turning in a mixed performance. The benchmark...