Gold edges lower as markets seek clarity on Fed rate hikes

Gold prices fell slightly in Asian trade on Wednesday, but hovered around key levels as markets awaited more cues on…

Glencore raises pressure on Teck Resources with promise of higher bid

(Reuters) -Glencore has told Teck Resources (NYSE:TECK) shareholders it is willing to improve its $22.5 billion takeover offer, raising the…

Rheinmetall and KMW to upgrade Puma armoured vehicles for German army

(Reuters) – Rheinmetall and Krauss-Maffei Wegmann (KMW) have received an order from the German army to upgrade 143 Puma infantry…

Dollar stabilizes as Treasury yields rise; sterling gains after CPI surprise

The U.S. dollar stabilized in early European trade Wednesday, with traders trying to work out the likely path of the…

Heineken sees Europe resilience offseting Asia slowdown risk

(Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic expansion in the Asia-Pacific region…

Oil slips on economy worries, despite upbeat China data

LONDON (Reuters) -Oil fell for a second day on Tuesday as upbeat Chinese economic data failed to deflect the focus…

USD/JPY: Dollar Notches 2% Gain Over Three Days but Momentum Wanes

New Bank of Japan governor Kazuo Ueda vowed to keep on with his predecessor’s ultra-loose monetary policy. The USD/JPY pair…

AAPL: Apple Takes On Big Banks with Turbocharged 4.15% Annual Interest Rate

The Big Tech firm wants to be your bank at a time when the banking sector is under great pressure.…

Lockheed Martin taps strong defense demand to beat results estimates

(Reuters) -U.S. weapons maker Lockheed Martin Corp (NYSE:LMT)’s first-quarter results surpassed Wall Street targets on Tuesday despite parts and labor shortages, as…

Datadog started at Neutral as Piper Sandler sees near-term headwinds weighing on upside

Piper Sandler analysts initiated Datadog Inc (NASDAQ:DDOG) at Neutral with a $72 price target in a note Tuesday, stating near-term cloud headwinds…

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