Browsing: Markets
Alstom shares ALO, -37.58% came off the rails Thursday, at one point sliding 37%, after the France-based maker of high-speed trains cut its free cash flow…
Tighter Monetary Policy Would Make U.S. Recession ‘Almost Inevitable,’ State Street Strategist Warns
Central bankers “talking tough” are raising the risk that the Federal Reserve’s tight-money policy will push the U.S. economy into recession, said Michael Arone, chief investment…
A look at the day ahead in European and global markets from Ankur Banerjee The “will-they-won’t-they” discussion over yen intervention has now morphed to “did-they-didn’t-they” speculation,…
The global oil market has seen significant shifts in recent times, with a 28% rally in oil prices last quarter due to output cuts from OPEC+…
© Reuters. Horizonte Minerals’ Araguaia nickel project has been hit by a delay and a significant cost review, leading to a sharp drop in the company’s…
Fiscal second-quarter earnings and revenue at Constellation Brands beat Wall Street estimates. Justin Sullivan/Getty Images Constellation Brands raised fiscal-year earnings expectations after reporting second-quarter profit and…
Energy prices and energy stocks were one of the market’s few bright spots in Q3. The more-recent pullback in crude oil and gasoline has given bargain-hunting…
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Resurgent oil prices hurting a deteriorating economy and renewed concerns about Italy’s fiscal position mean headwinds for…
The West Texas Intermediary (WTI) crude oil market has been experiencing a downward trend recently, with prices falling below $83.20 per barrel on Wednesday. This decline…
© Reuters. The Swiss bakery giant Aryzta has reported a significant rise in net profit to $118.4 million in fiscal 2023, up from a mere EUR0.9…