U.K. stocks eked out modest gains Thursday on the back of upbeat earnings news. The benchmark FTSE 100 was up 12 points, or 0.2 percent, at 8,042 after finishing marginally higher on Wednesday. Burberry shares jumped nearly 15 percent after new CEO of the fashion brand, Joshua Schulman, pledged to stabilize the business with a...
European stocks traded higher on Thursday, with underlying sentiment supported by positive corporate and earnings news. On a busy day of economic calendar, investors await the release of the eurozones second estimate for gross domestic product growth and third-quarter flash employment data later in the day. Minutes from the European Central Banks (ECB) October policy...
Indian shares moved in a narrow range before finishing marginally lower on Thursday ahead of a public holiday for markets on Friday for Guru Nanak Jayanti. The benchmark 30-share BSE Sensex ended the session down 110.64 points, or 0.14 percent, at 77,580.31, extending declines for a sixth day running and marking a weekly decline of...
Higher Canadian and U.S. futures, and firm crude oil prices point to a positive start on Bay Street on Thursday. The focus will be on earnings, and Fed Chair Jerome Powells speech, as well as on U.S. producer price inflation data. Keyera Corporation (KEY.TO) reported net earnings of $184.6 million for the quarter ended September...
The euro area economy expanded as initially estimated in the third quarter and employment growth showed an improvement, data from Eurostat showed on Thursday. Gross domestic product climbed 0.4 percent sequentially, which was double the 0.2 percent expansion seen in the second quarter, flash estimate showed. On a yearly basis, economic growth increased to 0.9...
Shares of Siemens AG were gaining around 6 percent in the morning trading on Germanys XETRA after the conglomerate on Thursday issued positive revenue outlook for fiscal 2025, after reporting higher profit and orders in its fourth quarter. Further, Siemens President and CEO Roland Busch reportedly announced potential cut of up to 5,000 jobs worldwide...
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 217,000, a decrease of 4,000 from the previous weeks unrevised level of 221,000. Economists had expected jobless claims to inch up...
After yesterdays consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also increased in line with economist estimates in the month of October. The Labor Department said its producer price index for final demand rose by 0.2 percent in October following a revised...
After yesterdays consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also increased in line with economist estimates in the month of October. The Labor Department said its producer price index for final demand rose by 0.2 percent in October following a revised...
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 217,000, a decrease of 4,000 from the previous weeks unrevised level of 221,000. Economists had expected jobless claims to inch up...