Dow futures drop after Fed signals more hikes ahead; retail sales due

U.S. stock futures edged lower Thursday as investors digested the outcome of the latest Federal Reserve policy-setting meeting, ahead of…

Alibaba aims to expand local business in Europe, president says

(Reuters) – Alibaba Group will make Europe top priority as it focuses on building local businesses and online platforms outside…

Dollar gains after Fed hike hint; yen tumbles

(Reuters) – The U.S. dollar strengthened on Thursday after the Federal Reserve left borrowing costs unchanged but signalled further rate…

Oil rebounds on strong China refinery data but economic outlook caps gains

(Reuters) – Oil rebounded on Thursday after the previous day’s plunge, as data showed a jump in refinery runs at…

4 big analyst picks: Accenture upgraded to Neutral ahead of Q3 earnings

Accenture upgraded to Neutral ahead of Q3 earnings Accenture (NYSE:ACN) shares rose more than 1% pre-market today after Piper Sandler…

US prosecutors to drop new charges against Bankman-Fried in Oct trial

(Reuters) – U.S. federal prosecutors said late Wednesday that they would not immediately proceed with five charges of foreign bribery,…

French power company Engie launches new electric car charger brand

(Reuters) – French power company Engie said on Thursday it is launching a new brand called Vianeo which will form…

GSK and momelotinib: JPMorgan warns of possible disappointments

U.S. bank JPMorgan has maintained its “Underweight” rating for British pharmaceutical company GSK (LON:GSK). At the same time, the analysts…

Siemens to spend $2.2 billion to ramp up global production

(Reuters) – Siemens will spend 2 billion euros ($2.2 billion) on a new global investment plan, the German engineering group…

General Atlantic invests in Atoss Software for global growth

Global growth investor General Atlantic has announced that it will acquire around 20% of the shares in Atoss Software AG…