Sterling rises on wage growth, yuan hits 9-month low after surprise China rate cut
(Reuters) – Sterling rose on Tuesday after data showed British basic wages grew at a record pace, adding to the…
China Evergrande NEV shares jump on $3.2 billion plan to lower debt
(Reuters) – China Evergrande New Energy Vehicle Group (NEV) shares jumped nearly 50% on Tuesday after the electric vehicle unit…
European shares dip as real estate falls offset retail gains
(Reuters) – European shares inched lower on Tuesday as declines in real estate stocks amid rising bond yields offset gains…
Australia stocks higher at close of trade; S&P/ASX 200 up 0.38%
Australia stocks were higher after the close on Tuesday, as gains in the Healthcare, IT and Consumer Staples sectors led…
Japan stocks higher at close of trade; Nikkei 225 up 0.49%
Japan stocks were higher after the close on Tuesday, as gains in the Glass, Chemical, Petroleum & Plastic and Banking…
Britain’s M&S raises profit outlook after strong trading
(Reuters) – British retailer Marks & Spencer (OTC:MAKSY) raised its profit outlook on Tuesday, saying demand in stores had helped…
Insurers poised for US break on investment losses from high rates
(Reuters) – Some insurers operating in the United States stand to reap a windfall worth hundreds of millions of dollars…
Chesapeake to complete Eagle Ford basin exit with SilverBow deal
(Reuters) – U.S. natural gas producer Chesapeake Energy (NYSE:CHK) said on Monday it would sell its remaining Eagle Ford assets…
Wall St slips as Tesla weighs, investors await economic data
(Reuters) – Wall Street’s main indexes slipped on Monday on a drag from shares of Tesla (NASDAQ:TSLA), while investors also…
U.S. Steel shares jump after unsolicited bid from Cleveland-Cliffs
(Reuters) – Shares of U.S. Steel jumped about 27% in early trading on Monday, after the steelmaker rejected a $7.3…