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Dollar bounces before inflation data, bitcoin hits two-year high By Reuters
By Karen Brettell NEW YORK (Reuters) -The dollar jumped against the euro and yen on Wednesday as investors positioned for U.S. and European inflation data…
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ASK Automotive set for IPO, targets ₹834 crore fundraising
© Reuters. India-based ASK Automotive is preparing for its initial public offering (IPO) scheduled to open on Tuesday, November 7,…
Senators urge US to take steps to boost battery production, citing China
By David Shepardson WASHINGTON (Reuters) -Two influential Democratic U.S. senators urged the Energy Department to take steps to boost U.S.…
Naira devaluation hits cross-border trade as commodity prices surge
The continuous devaluation of the Nigerian Naira, which recently peaked at N2,010 per CFA1000, has significantly disrupted cross-border trade and…
Should You Pick Caterpillar Stock At $240 After An Upbeat Q3?
Caterpillar CAT (NYSE: CAT) reported its Q3 results last week, with revenues and earnings beating the street estimates, and we…
The Dow ripped higher last week. Why doubters ‘don’t believe in this rebound.’
The U.S. stock market just put in its best week of 2023 as Treasury yields tumbled, stoking hopes for an…
Hammerhead Energy’s one-year price target rises to $23.89 amid increased portfolio weight
© Reuters. Hammerhead Energy Inc.'s (TSE:HHRS) one-year price target has seen an upward adjustment of 10.67%, with the new target…
US invests $2 billion for lower-carbon construction at federal buildings
By Valerie Volcovici WASHINGTON (Reuters) -The Biden administration on Monday said it will invest $2 billion in 150 federal building…
Dollar slips lower, continuing last week’s selloff
Investing.com - The U.S. dollar edged lower in early European trade Monday, falling to a six-week low and extending last…
Capital One Stock Gained 14% YTD And Outperformed The Estimates In Q3
Capital One’s stock (NYSE: COF) has gained 14% YTD, as compared to the 15% rise in the S&P500 over the…
Saudi Arabia to extend 1 million-barrel-a-day oil production cut through December
Saudi Arabia on Sunday confirmed it would extend a production cut of 1 million barrels a day, which first took…
Molson Coors lifts annual core profit forecast on price hikes, steady demand
© Reuters. (Reuters) - Molson Coors (NYSE:) raised its annual core profit forecast after beating third-quarter estimates on Thursday, helped…
Oil rises as Saudi Arabia and Russia stick to supply cuts
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged higher on Monday after top exporters Saudi Arabia and Russia reaffirmed their…
Dollar strength anticipated to continue despite potential headwinds
Despite the usual end-of-year softening, the strength of the dollar, bolstered by US macro outperformance and a hawkish stance from…
As WeWork Files For Bankruptcy, Shareholders Will Likely Take The Biggest Hit
Flexible-office-space venture WeWork filed for bankruptcy on November 6. The news raises questions such as: Why? And is WeWork stock…
Why the S&P 500 ETF’s rare triple ‘gap ups’ isn’t a buy signal
The SPDR S&P 500 ETF’s big rally last week was very rare, as it accomplished something that has happened only…
Aerospace supplier Howmet lifts forecast as jet production gathers pace
© Reuters. (Reuters) - Howmet Aerospace on Thursday raised its annual profit and revenue forecasts, aided by higher demand for…
Copper prices rebound despite economic contraction in Europe
Copper prices saw a slight increase on Tuesday, with both the LME and SHFE 2312 copper contracts experiencing a rise…
Swiss National Bank advances with Phase III of Helvetia CBDC pilot program
The Swiss National Bank (SNB) is progressing with its groundbreaking Helvetia Phase III pilot program, marking a significant shift from…