Gold prices rebounded on Tuesday, helped by a weaker U.S. dollar, while investors looked forward to more U.S. economic data this week that could set the tone for the Federal Reserve's policy meeting next week.
Most big banks in Europe are failing to adjust their business to the looming decarbonisation of the bloc's economy and thus face increased financial, reputational and legal risk, the European Central Bank (ECB) said on Tuesday.
United Airlines' shares rose about 6% in premarket trading on Tuesday after an upbeat 2024 profit forecast from the carrier that is facing a potential hit from grounding its entire fleet of Boeing 737 MAX 9 jets earlier this month.
Macro headwinds, like higher interest rates, inflationary pressures, and general uncertainty, are at the top of every corporate executive's mind these days.
Ripple (CRYPTO: XRP) had a fantastic 2023, as its price soared 81% last year, but things have cooled off since then. This digital asset is down 14% this year, and it is 86% below its peak price from about six years ago.
Adler Group SA's restructuring plan to prevent the embattled German property firm's collapse should not have been approved by a London court, the Court of Appeal ruled on Tuesday.
Although it's been an adventurous couple of years for investors, 2023 turned out to be a phenomenal year for the bulls. The Dow Jones Industrial Average climbed to a fresh all-time high, while the S&P 500 and Nasdaq Composite respectively surged 24% and 43%.
Four of Canada's biggest pension funds managing nearly C$1 trillion ($742 billion) in assets have begun a major expansion into private credit, moving into an area previously dominated by banks.
While no stock is guaranteed to bring winning returns, established companies with strong businesses and wide moats can be a viable source of portfolio growth for investors through the years. You can find these stocks across a wide range of industries, with one example being the h
In 2023, artificial intelligence (AI) quickly rocketed to the forefront of investors' minds and pocketbooks. And shares in the industry leader, Nvidia (NASDAQ: NVDA), ballooned 237% over the last 12 months as its revenue and profits soared. This stemmed from rising demand for the
Roku (NASDAQ: ROKU) is arguably one of the more frustrating stocks for investors. After reaching a high of over $490 per share in the 2021 bull market, nearly all of the stock's gains were wiped out in the subsequent bear market.
Italy's UniCredit on Tuesday said it would repay a 1 billion euro ($1.1 billion) subordinated bond due in 2029 early, after receiving the green light from the European Central Bank.
Indian shares pared early gains on Tuesday, as heavyweight financials, led by HDFC Bank, declined and Zee Entertainment slumped after Japan's Sony Group terminated a $10 billion merger plan.
Japan's Nikkei share average rose to a 34-year peak on Tuesday, buoyed by Wall Street's climb overnight to a fresh record high and the Bank of Japan's (BOJ) decision to keep ultra-easy policy settings intact.
(RTTNews) - Ericsson (ERIC) reported that its fourth quarter net income to owners of the parent company declined to 3.39 billion Swedish kronor from 6.07 billion Swedish kronor, prior year. Earnings per share was 1.02 kronor compared to 1.82 kronor. EBIT excluding restructuring c
French healthcare company Sanofi has agreed to buy the drug development project INBRX-101 from its parent company Inhibrx Inc for around $2.2 billion, the companies said on Tuesday.
Swatch Group reported a 5.2% increase in annual sales, the world's biggest watchmaker said on Tuesday, adding it saw "excellent growth prospects" for 2024.
Ericsson on Tuesday reported a fall in fourth quarter operating profit but beat expectations as the telecom equipment supplier increased its margin in a market where demand for 5G gear is growing slowly.
The yen fell broadly on Tuesday after the Bank of Japan (BOJ) maintained its ultra-easy monetary settings at the conclusion of its two-day policy meeting, matching market expectations.
Reuters
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