Australia stocks lower at close of trade; S&P/ASX 200 down 1.50%
Australia stocks were lower after the close on Wednesday, as losses in the IT, Metals & Mining and Materials sectors…
European stocks edge higher, helped by sharp drop in U.K. inflation data
European stock markets stabilized Wednesday, with investors digesting better than expected U.K. inflation numbers, more corporate earnings as well as…
Bankrupt Lordstown Motors reaches $40 million settlement with Karma Automotive
(Reuters) – Lordstown Motors said on Tuesday it had reached a $40-million settlement with Karma Automotive over a 2020 lawsuit…
Wall St falls on rate concerns fueled by retail sales data, big banks drop
(Reuters) – Wall Street’s main indexes fell on Tuesday after stronger-than-expected retail sales data stoked worries interest rates could stay…
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.70%
Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Real Estate Development, Telecoms & IT…
Hindenburg Research releases Freedom Holding short report after finding ‘startling array of red flags’
Freedom Holding Corp (NASDAQ:FRHC) tumbled more than 5% in early Tuesday trading after Hindenburg Research put out a short report…
Canadian inflation jumps in July, raising prospect of another rate hike
(Reuters) – Canada’s annual inflation rate surged more than expected to 3.3% in July as core measures eyed by the…
U.S. stocks are falling after stronger-than-expected retail sales
U.S. stocks were falling on Tuesday as disappointing data out of China and stronger-than-expected retail sales data in the U.S.…
J.P. Morgan warns of sharper-than-expected slump in China residential market
(Reuters) – J.P. Morgan said on Tuesday China’s residential property market could see a sharper-than-expected slump this year following downbeat…
Siemens to make solar energy equipment for US market in Wisconsin
(Reuters) – German conglomerate Siemens (ETR:SIEGn) said on Tuesday it will start producing solar energy equipment in the United States…