Italian spirits group Campari said on Wednesday it successfully completed a 1.2 billion euro ($1.31 billion) private placement of shares and bonds to fund its acquisition of historic French cognac house Courvoisier.
German construction spending is set to fall in 2024 for the first time since the financial crisis, according to a study by a prominent research institute, in a further bad sign for the property industry as it suffers its worst crisis in decades.
(RTTNews) - The Amazon-owned livestreaming platform Twitch plans to lay off about 35% of its staff, equating to about 500 workers, Bloomberg reported citing people familiar with the matter.
Japanese stocks hit a near 34-year high on Wednesday while other Asian equities meandered around one-month lows and bond markets traded cautiously ahead of U.S. inflation data due this week.
Egypt's annual urban consumer price inflation rate eased to 33.7% in December from 34.6% in November, data from statistics agency CAPMAS showed on Wednesday.
Australia's inflation slowed to a near two-year low in November and core inflation also eased sharply, a softer-than-expected result that reinforced market expectations interest rates would not need to rise any further.
(RTTNews) - The Hong Kong stock market has finished lower in six straight sessions, tumbling more than 830 points or 5 percent in that span. The Hang Seng Index now rests just above the 16,190-point plateau and it's likely to open under pressure again on Wednesday.
Vietnamese electric vehicle maker VinFast aims to increase its free float, or shares available to the public for trading, to 10% to 20% by the end of this year from roughly 2% currently, the company's chairperson said on Tuesday.
(RTTNews) - The China stock market on Tuesday wrote a finish to the three-day slide in which it had stumbled more than 80 points or 2.7 percent. The Shanghai Composite Index now rests just above the 2,890-point plateau although it figures to head south again on Wednesday.
Walmart on Tuesday unveiled two new AI-powered tools at the CES conference in Las Vegas to help shoppers quickly search for products and automate the process of re-ordering frequently ordered items.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of NextEra Energy Inc (Symbol: NEE) were yielding above the 3% mark based on its quarterly dividend (annualized to $1.87), with the stock changing hands as low as $62.01 on the day. D
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of MetLife Inc (Symbol: MET) were yielding above the 3% mark based on its quarterly dividend (annualized to $2.08), with the stock changing hands as low as $68.29 on the day. Dividend
The case for China to unleash more stimulus and allow a weaker yuan has been bolstered by external economic data corroborating sombre domestic figures. An increased sense of urgency could persuade authorities to allow the yuan to move with fundamentals.
Front month lean hog futures were $0.27 to $1.27 higher on the day. That left the Feb contract at a net weekly gain of $1.87. USDA’s National Average Base Hog price was 41 cents stronger on Tuesday afternoon to $45.31. The CME Lean Hog Index was $65.74 on 1/5, down...
Front month fat cattle futures were 32 to 82 cents stronger on Tuesday. Feeders were mixed with Jan and Mar down by as much as 20c while the deferred months strengthened by 25 to 55 cents. There were no cash cattle sales confirmed for Monday or Tuesday. USDA had the...
Wheat futures closed the session with double digit rallies for winter wheat, though 2 to 3 cent gains for HRS. SRW closed 12 ½ to 13 ¾ cents higher with gains of over 2%, leaving the March contract at a net weekly 6 cent loss. KC wheat ended with Tuesday...
The Tuesday corn market finished with 3 ½ to 4 ¼ cent gains as March ended just 1 ¼ cents off the session high. The turnaround Tuesday session ended with March sitting a net 1 ½ cents weaker for the week. Dec was a 33 ½ cent premium to the...
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