A strong U.S. economy and pushback from central bank officials is leading some investors to rethink their bets on how quickly the Federal Reserve will cut rates this year, a shift that is rippling through Treasury and foreign exchange markets even as stocks sit near record highs.
Unilever, the maker of Dove soap and Ben & Jerry's ice cream, struggled to defend fourth-quarter grocery store market share across most of its categories in Europe and the United States, data shows, as it ceded some of its turf to private labels and cut products.
Carrying more stock, switching to suppliers nearer to consumers and reducing dependence on China are tactics European and U.S. retailers used to build more resilient supply chains following disruptions during the COVID-19 pandemic.
Power generated from low-emissions sources, such as wind, solar and nuclear, will be adequate to meet growth in global demand for the next three years, the International Energy Agency (IEA) said, adding power sector emissions are on the decline.
The head of Turkey's Banks Association, Alpaslan Cakar, expects the central bank to raise interest rates one last time this week and begin an easing cycle in the last quarter of this year.
Hidden camera footage appearing to show South Korea's First Lady accepting a Dior bag as a gift has plunged President Yoon Suk Yeol and his party into a controversy that may threaten their bid to reclaim a parliamentary majority in April's election.
At least six people were killed including three firefighters after a truck carrying 60 tons of liquefied natural gas exploded in the Mongolian capital of Ulaanbaatar on Tuesday, according to Mongolia's emergency officials.
(RTTNews) - European stocks look set to open higher on Wednesday, with tech stocks likely to be in focus after Netflix said its subscriber count reached an all-time high in the fourth quarter.
As the optimism around a rescue package for the bruised Chinese stock market ebbs, with investors still sceptical and awaiting an official response, trading in Asian hours meandered ahead of an earnings-packed European session.
The Indian rupee was largely flat on Wednesday despite broad weakness in its Asian peers, with traders expecting the local currency to trade in a tight range through the day.
(RTTNews) - Extending the losses in the previous session, the Japanese stock market is modestly lower on Wednesday, following the mixed cues from Wall Street overnight. The Nikkei 225 is pulling back from 34-year highs and falling below the 36,400 level, with losses exporters and
(RTTNews) - Liberty Energy Inc. (LBRT) said that its board has increased its share repurchase authorization announced on July 25, 2022 to $750 million, a $250 million increase from the previously authorized and upsized amount. The Board has also extended the authorization through
(RTTNews) - eBay Inc. (EBAY) has decided to reduce its current workforce by about 1,000 roles or 9% of full-time employees. Additionally, it plans to scale back the number of contracts it has within its alternate workforce over the coming months.
Oil prices were little changed in Asian trading on Wednesday as weak demand and a recovery in supply limited the market's reaction to mounting geopolitical risk.
(RTTNews) - The Thai stock market has tracked lower in consecutive trading days, slumping more than 25 points or 1.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,355-point plateau although it may stop the bleeding on Wednesday.
U.S. President Joe Biden won an unusual Democratic write-in vote in New Hampshire's primary election on Tuesday, an important display of political strength, despite his name not being on the ballot.
A small airliner registered to Northwestern Air Lease crashed near Forth Smith in Canada's remote Northwest Territories on Tuesday, killing some people on board.
KC wheat closed with as much 1.4% to 1.7% gains. Chicago was fractionally higher, though March was below the $6 mark. MGE futures were mostly lower but losses were held to 1 ½ cents. Canada’s Agriculture and Agri-Food agency released their preliminary assumptions for 24/25 grains. Wheat area is projected...
Cattle rally with 52 to 92 cent gains after off the lows on Monday. The feeder cattle futures led the way with over 1% gains of as much $2.45. USDA confirmed Friday cash sales near $172-$173. USDA reported 6 thousand head were sold in the OKC auction, including 63% steers...
Lean hogs rallied as much as 3.5% with triple digits gains. USDA’s National Average Base Hog price was shown at $47.41 this morning, up by $1.18. The CME Lean Hog Index for 1/18 was listed at $68.06, up by another 19 cents. China’s National Bureau of Statistics had 2023 pork...