Marketmind: Earnings, China hold spotlight ahead of big rates decisions
A look at the day ahead in European and global markets from Tom Westbrook Earnings and hope for a turning…
Australia’s Wesfarmers to merge discount stores Kmart and Target
(Reuters) – Australian retail conglomerate Wesfarmers (ASX:WES) said on Tuesday it will merge the business units of its budget department…
Chinese property stocks rally on stimulus promises
Chinese property stocks rebounded sharply from recent losses on Tuesday, aided chiefly by promises of more economic support for the…
Nestle, Danone hikes may put them on France’s inflation radar
(Reuters) – Nestlé (SIX:NESN) and Danone (EPA:DANO) are among firms whose product prices in France have risen by more than…
European stocks edge lower; corporate earnings start flooding in
European stock markets traded with small losses Tuesday, as investors cautiously await a raft of corporate earnings as well as…
FedEx pilots reject tentative deal, supervised talks likely
(Reuters) – FedEx pilots have rejected a tentative contract deal with the parcel delivery firm and the two sides will…
Spotify raises prices for its premium plans across several countries
(Reuters) – Spotify Technology on Monday raised prices for its premium plans across several countries including the United States and…
Unilever quarterly sales beat estimates, boost shares
(Reuters) – Unilever on Tuesday beat underlying sales growth forecasts after again raising prices to offset higher costs, boosting shares…
SoftBank forms JV to build AI-powered warehouses with Symbotic
(Reuters) -SoftBank Group is forming a joint venture with supply-chain services provider Symbotic to build AI-powered warehouses that will be…
Ryanair cautious about winter travel after quarterly profit soars
(Reuters) -Ryanair on Monday struck a cautious tone about travel demand for the rest of the year and cut its…