Forex News
Uber Q1 Net Loss Sharply Widens
Ride-hailing and delivery platform Uber Technologies, Inc. (UBER) reported Wednesday a net loss attributable to Uber of $654 million or $0.32 per share for the first quarter, sharply wider than $157 million or $0.08 per share in the prior-year quarter.
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14h 44min ago
Emerson Electric Boosts FY24 Outlook; Declares Dividend - Update
While reporting financial results for the second quarter on Wednesday, technology and software company Emerson Electric Co. (EMR) raised its adjusted earnings and net sales growth guidance for the full-year 2024. The company also provided outlook for the third quarter.
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15h 6min ago
Sensex, Nifty End Choppy Session Little Changed
Indian shares ended a choppy session little changed on Wednesday as investors reacted to hawkish Fed comments and clung to hopes for a Middle East ceasefire deal.
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15h 53min ago
European Shares Gain As Investors Ponder US Rate Cut Prospects
European stocks edged higher on Wednesday as investors continued to assess the prospects for interest- rate cuts following last week's weaker-than-expected U.S. jobs report.
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16h 43min ago
FTSE 100 Rises As Pound Slips Ahead Of BoE Rate Decision
U.K. stocks rose slightly to hit another record high on Wednesday while the British pound slipped before the Bank of England's policy announcement on Thursday.
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17h 2min ago
CAC 40 Edges Higher On Fed Repricing
French stocks advanced on Wednesday as investors continued to assess the prospects for interest- rate cuts following last week's weaker-than-expected U.S. jobs report.
It seems that markets have shrugged off comments from Federal Reserve Bank of Minneapolis President Neel Kashkari, who said Tuesday that rates will likely stay high for an "extending period" and that he would support a hike if inflation stalls near 3 percent.
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17h 19min ago
AstraZeneca To Withdraw Its Covid-19 Vaccine Vaxzevria Worldwide
AstraZeneca, a major provider of Covid-19 vaccines across the world mainly during the initial pandemic period, has initiated a process to withdraw its Vaxzevria COVID-19 vaccine worldwide, citing weak demand and the surplus availability of new vaccines. Meanwhile, AstraZeneca reportedly had admitted recently in court documents that the vaccine could cause side-effects such as blood clots...
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17h 21min ago
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DAX Rises On Strong Earnings
German stocks traded higher on Wednesday as investors cheered strong earnings from the likes of Siemens Energy, Puma and Henkel.
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17h 29min ago
Pound Slides Against Most Majors
The British pound weakened against most major currencies in the European session on Wednesday.
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17h 36min ago
German Industrial Production Declines In March
Germany's industrial production declined for the first time in three months in March driven by the decreases in consumer and intermediate goods output, official data revealed Wednesday. Industrial production declined 0.4 percent on a monthly basis, in contrast to the 1.7 percent increase in February, Destatis reported.
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17h 43min ago
Asian Shares End On Muted Note Amid Interest Rate Uncertainty
Asian stocks ended Wednesday's session on a muted note as China stock rally paused, and the Israel-Hamas ceasefire deal faced uncertainty.
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17h 47min ago
Australian Dollar Falls Amid Risk Aversion
The Australian dollar weakened against other major currencies in the Asian session on Wednesday amid risk aversion, as traders largely refrained from making significant moves after hawkish comments from a few U.S. Fed officials again raised concerns about the outlook for interest rates.
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18h 35min ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday.
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19h 16min ago
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