Stocks around 2023 highs as disinflation signal brings some relief
(Reuters) – Global stocks traded around their highs for the year on Thursday as investors bet that the Federal Reserve…
European stocks mixed; weak U.K. economy dilutes positive sentiment
European stock markets traded in a mixed fashion Thursday as investors digested the softer-than-expected U.S. inflation data as well as…
Australia stocks higher at close of trade; S&P/ASX 200 up 1.56%
Australia stocks were higher after the close on Thursday, as gains in the Gold, A-REITs and IT sectors led shares…
Analysis-Fall from grace: How the property crash unravelled Sweden’s SBB
(Reuters) – For hundreds of thousands of ordinary Swedes, investing in one of their country’s biggest landlords SBB was a…
Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy
(Reuters) – The sale of struggling Silicon Valley startup zGlue’s patents in 2021 was unremarkable except for one detail: The…
Japan stocks higher at close of trade; Nikkei 225 up 1.49%
Japan stocks were higher after the close on Thursday, as gains in the Retail, Mining and Fishery sectors led shares…
Disney extends CEO Bob Iger’s contract through 2026
(Reuters) – Walt Disney ‘s (NYSE:DIS) board on Wednesday extended Chief Executive Officer Robert Iger’s contract by two years as…
Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers
(Reuters) – Amazon.com’s Prime Day two-day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a…
US airline stock valuations stuck on runway despite travel boom
(Reuters) – Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings. However, their shares have…
Brazil’s Azul launches notes offering as part of broad restructuring plan
(Reuters) – Brazilian airline Azul announced on Wednesday it is launching a public offering of senior secured notes due 2028,…