A restaurateur and rapper duo are set to reopen the chain of coffee shops in Russia formerly owned by Starbucks Corp on Thursday, the latest rebranding of a major Western company following a months-long corporate exodus from the country.
Wall Street's main indexes were subdued at the open on Thursday, with investors seeking fresh signals for future rate hikes after minutes from the Federal Reserve's July meeting suggested a less aggressive monetary policy tightening path.
The U.S. climate bill signed into law this week restores the country's credibility as a leading player in U.N. climate negotiations, international officials said.
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that the ETFs industry in Europe suffered net outflows of US$2.94 billion during July, bringing year-to-date net inflows to US$65.23 billion.
Gold edged up on Thursday as bond yields slipped, though a stronger dollar and expectations that the U.S. Federal Reserve will keep raising interest rates kept prices pinned near two-week lows.
European shares inched higher on Thursday on a boost from oil stocks, with gains capped by growth fears as inflation reached a record high in July and European Central Bank officials hinted at another large rate hike next month.
The stock market can be daunting at times, and if you're nervous about investing, you're not alone. Volatility can be unnerving, and amid concerns that a recession could be looming, many investors are concerned about buying stocks right now.
Passive income can be a beautiful thing. You rake in cash for nothing more than owning an asset. In the case of real estate investing, that means making money without having to manage the property or even owning it directly.
Italy's Prima Industrie said on Thursday that Femto Technologies had agreed to buy a majority stake and eventually delist the laser systems producer in a deal worth around 129 million euros ($131.21 million).
Singapore's main food delivery platforms said on Thursday they had formed an association to draft industry guidelines for the welfare of their workers, an unprededented partnership that comes amid heightened concern for the wellbeing of gig workers.
Swiss exports of gold to China in July rose to their highest since December 2016, Swiss customs data showed on Thursday, as demand in the world's largest bullion market improved.
(RTTNews) - Cloud Music Inc., a Chinese interactive music streaming service provider, owned by NetEase, Inc. (NTES), reported Thursday that its first-half net loss was RMB270.8 million, narrowed by 92.9% compared with loss of RMB3.8 billion last year.
Since the beginning of 2022, Meta's (NASDAQ: META) stock has been cut nearly in half. But based on current developments, Meta might have an even greater uphill battle to reclaim its previous all-time high of nearly $384 in September 2021. Meta has suffered from one specific tangi
(RTTNews) - European stocks were mostly higher on Thursday, reversing initial losses after final Eurostat data showed Eurozone's Inflation surged 8.9 percent year-on-year in July, matching estimates.
The German military resumed flights to Mali on Thursday after Berlin suspended most of its operations in the West African country in a spat with local authorities over flight clearances.
China's banking regulator is scrutinising property sector loan portfolios of some local and foreign lenders to assess systemic risks, sources with knowledge of the matter said, as the real estate sector's debt crisis worsens.
(RTTNews) - Canaan Inc. (CAN) reported second quarter net income of RMB 608.9 million, an increase of 148.6% from a year ago. Net earnings per ADS was RMB 3.53 compared to RMB 1.40. Non-GAAP adjusted net income was RMB 688.2 million, an increase of 115.0% from last year.
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