Analysis-Chocolate makers’ prospects sour as cocoa prices spike
(Reuters) – Chocolate makers like Hershey and Mondelez (NASDAQ:MDLZ) face tougher trading conditions over the next year as they attempt…
Allianz bolsters private credit bet with new $1.6 billion fund
(Reuters) – Allianz (ETR:ALVG) Global Investors, the insurance company’s money management division, is pushing ahead with plans to raise at…
China unveils measures to revive stock market
(Reuters) – China’s securities regulator unveiled a package of measures on Friday aimed at reviving a sinking stock market, but…
China jitters set to snap oil’s 7-week winning streak
(Reuters) – Oil prices looked set to close down this week following seven weeks of gains, as China’s economic woes…
Dow futures edge lower; Jackson Hole summit looms large
U.S. stock futures weakened Friday, on course to record another losing week as U.S. economic resilience raised concerns about future…
China’s Xpeng falls on dull forecast as EV price war takes toll
(Reuters) – Xpeng (NYSE:XPEV) on Friday forecast third-quarter revenue below analysts’ expectations and reported a hit to margins following an…
Applied Materials gains on strong guidance, FQ3 earnings beat; analysts sees more room for outperformance
Applied Materials delivered blowout earnings guidance after fiscal third-quarter results beat analyst estimates as the ongoing enterprise race to join…
Deere delivers profit beat, lifts outlook on strong tractor demand
(Reuters) – Deere & Co breezed past Wall Street estimates for third-quarter profit on Friday and raised its annual net…
Dollar slips from two-month high; sterling drops on weak retail sales
The U.S. dollar slipped lower in early European trade Friday, retreating from two-month highs but is still on course for…
Gold sees some relief as dollar falls, rate hike fears cloud outlook
Gold prices rose slightly on Friday, recovering from a five-month low as the dollar saw some profit taking, although concerns…