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Recent Posts

  • Watches of Switzerland warns of margin hit as tariffs pressure Swiss watchmakers
    July 3, 2025
  • J.P. Morgan puts Jeronimo Martins on Positive Catalyst Watch; shares rise
    July 3, 2025
  • Akzo Nobel names Fredrik Westin as new CFO starting 2026
    July 3, 2025
  • December 19, 2024

Nike results beat low expectations; CEO warns turnaround will be a slog

By Ananya Mariam Rajesh and Nicholas P. Brown (Reuters) -Nike's results beat modest estimates on Thursday and its shares jumped briefly, but the company soon dashed investor hopes...

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  • December 19, 2024

FedEx to spin off its freight trucking business

By Lisa Baertlein and Abhinav Parmar (Reuters) -FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures its operations to...

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  • December 19, 2024

Brazil lower house approves watered-down fiscal package amendment

BRASILIA (Reuters) - Brazil's lower house of Congress on Thursday gave its final approval to a watered-down proposal to cut public spending, part of a broader package to rein in...

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  • December 19, 2024

U.S. Steel forecasts fourth-quarter surprise loss, shares fall

(Reuters) -United States Steel on Thursday forecast a surprise loss for the fourth quarter, sending its shares down nearly 5% in aftermarket trading. The company expects an...

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  • December 19, 2024

Amazon agrees to worker safety measures to settle US probe

By Daniel Wiessner (Reuters) -Amazon.com will implement safety measures at all of its U.S. facilities to settle a federal agency's claims that it failed to prevent workers from...

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  • December 19, 2024

Democrats urge end to trade deal investor protections as USTR denies secret talks

By David Lawder WASHINGTON (Reuters) - A group of 37 Democratic lawmakers on Thursday urged the U.S. Trade Representative's office to press ahead with efforts to weaken investment...

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  • December 19, 2024

Morning Bid: Seeking respite from Fed; PBOC set to hold the line

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets.  As the dust settles on a remarkable 24 hours of central bank activity, investors in Asia round off the...

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  • December 19, 2024

After-hours movers: FedEx, Nike, U.S. Steel and more

After-Hours Stock Movers: FedEx (NYSE:FDX) rose 10% after it announced it has decided to pursue a full separation of FedEx Freight through the capital markets, creating a new...

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  • December 19, 2024

Yen to rebound in 2025 as Fed easing cycle impacts wane, Capital Economics says

Capital Economics on Thursday shared insights on the performance of the Japanese yen against the US dollar, predicting a stronger year for the yen in 2025. The analysis comes after...

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  • December 19, 2024

United States Steel shares fall on lower guidance

-- United States Steel Corporation (NYSE:X) shares fell 5% following the company's updated fourth quarter guidance, which fell short of market expectations. The...

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