Oil futures are showing slight gains in early trading on Tuesday, reaching their highest levels in three months. Investors are closely monitoring signs of tightening supply and anticipating central bank…
China has made a significant change in its foreign affairs department, removing the outspoken Foreign Minister Qin Gang from office. In a surprising move, Qin's predecessor, Wang Yi, has been…
Li Auto, the Chinese electric-car maker, has announced its turnaround to profitability in the second quarter, driven by strong sales and improved profit margins. Financial Performance Li Auto posted a…
Coca-Cola HBC, the London and Athens-listed bottler for Coca-Cola, has reported a higher pretax profit for the first half of 2023. The company's strong performance was driven by improvements in…
Chinese banks have issued a smaller-than-expected amount of new loans in July, indicating weak credit demand despite the government's efforts to encourage lending to businesses and households. Decrease in New…
The stock market is awaiting the release of data on producer prices, following consumer price statistics that had little impact on market movement. Here are the latest figures: Dow Jones…
UBS Group AG (UBS) and Credicorp Ltd. (BAP) kicked off the trading day with impressive gains of 4.7% and 4.0% respectively. Other companies also experienced positive movement, with Wayfair Inc.…
Allianz, Europe's largest insurer, announced its earnings results for the second quarter on Thursday, showcasing impressive growth in profits. Here are the key highlights from the report. Net Profit Surges…
They say the stock market doesn't peak until the last bear turns bullish. Bull markets "die on euphoria," as the late Sir John Templeton used to say. The Contrarian Approach…
Cetera Financial Group has successfully finalized its acquisition of Securian Financial's retail wealth management business, demonstrating its continued growth and commitment to providing exceptional services to its clients. Notably, Cetera…
Housing costs continue to contribute significantly to inflation, even as rent growth moderates. According to the Bureau of Labor Statistics, shelter inflation accounted for 90% of the consumer price index's…
Shares in Wienerberger experienced a sharp decline on Thursday following the company's revision of its projections for its end markets in Europe. It seems that demand in these markets is…