Oil prices fall sharply after weak Chinese trade data
Crude oil prices fell Tuesday after weak trade data from China pointed to a sluggish post-COVID rebound for the world’s…
Apple and Samsung to invest in Arm’s September IPO, according to report
Nikkei Asia reported Tuesday that Arm, SoftBank Group’s (TYO:9984) chip design unit, is planning its initial public offering on the…
Dollar rallies; Aussie, kiwi tumble after Chinese trade data
(Reuters) – The U.S. dollar strengthened on Tuesday after another disappointing set of Chinese trade figures hurt the yuan, the…
Safe-haven dollar gains on weak Chinese trade data
The U.S. dollar traded higher in early European trade Tuesday, with risk sentiment hit as disappointing Chinese trade data pointed…
Analysis-Fed decoupling boosts emerging market stocks, cools currencies
(Reuters) – Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global…
Italy seeks deal by end of year with Stellantis on car industry plan
(Reuters) – The Italian government aims to agree a broad plan to 2030 for its national automotive industry with carmaker…
India stocks lower at close of trade; Nifty 50 down 0.13%
India stocks were lower after the close on Tuesday, as losses in the Metals, Green Energy and Power sectors led…
Disney creates task force to explore AI and cut costs -sources
(Reuters) – Walt Disney (NYSE:DIS) has created a task force to study artificial intelligence and how it can be applied…
AMC sees ‘explosive start’ to third quarter on ‘Barbenheimer’ frenzy
(Reuters) – Movie theater chain AMC Entertainment (NYSE:AMC) Holdings said the current quarter was off to a strong start driven…
Global stocks fall, dollar rallies as weak China data disappoints
(Reuters) – Global stocks fell on Tuesday and the dollar climbed as investors assessed the latest weak economic data out…