DXY: Dollar Index Set to Close Another Week in the Red as Rate Hikes Weigh on Sentiment
The American currency has been increasingly pressured on multiple fronts, both from the inside and out. The dollar index, DXY, is…
AAPL: iPhone Sales Top Estimates with $51.3bn Revenue, Apple Stock Jumps 2%
Apple’s first-quarter revenue came in above estimates but lagged behind the year-ago quarter. Apple reported better-than-expected earnings figures on Thursday, after…
Air France-KLM posts bigger-than-expected Q1 loss, shares dip
Shares in Air France KLM SA (EPA:AIRF) slipped in midday European trading on Friday, after the carrier reported a larger-than-anticipated…
Used-car retailer Carvana’s shares soar on upbeat second-quarter forecast
(Reuters) – Shares of Carvana Co (NYSE:CVNA) rose 33% before the bell on Friday after the online used-car retailer forecast a surprise…
IHG CEO Barr to step down as Holiday Inn owner sees China rebound
(Reuters) – IHG Plc on Friday said top boss Keith Barr would step down from his role next month, as…
European airlines see strong summer bookings, hope to avert chaos
(Reuters) – British Airways-owner IAG (LON:ICAG) and Air France-KLM reported bumper summer bookings as travellers pressed ahead with holiday plans…
Dollar slides on banking, growth concerns; euro gains post ECB
The U.S. dollar fell in early European trade Friday, as traders fretted that the continued turmoil in the U.S. banking…
World food prices rise for first time in a year- FAO
(Reuters) – The United Nations food agency’s world price index rose in April for the first time is a year,…
Ukraine’s nuclear deal with Canada’s Cameco carries big risks, rewards
(Reuters) – Ukraine’s 12-year deal to buy enough uranium from Canadian miner Cameco (NYSE:CCJ) Corp to power all of its…
Adidas shares leap on results but CEO warns of bumpy year
(Reuters) – Adidas shares jumped on Friday after better-than-expected first-quarter results, although CEO Bjorn Gulden forecast “a bumpy year with…