Page 8 - Christopher Cushing News Today

European Central Bank board member Isabel Schnabel said the central bank may slash interest rates in June, but advocated caution about further cuts in borrowing costs given uncertainty over the... -May 16, 2024 at 11:25 pm EDT - MarketScreener

A look at the day ahead in European and global markets from Ankur Banerjee The cold harsh reality of the Federal Reserve likely keeping interest rates higher for longer to...

Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected, strengthening the argument for an... -May 15, 2024 at 08:35 pm EDT - MarketScreener

The number of minors crossing the treacherous jungle between Colombia and Panama known as the Darien Gap is on pace to rise by 34% to reach 160,000 this year, the United Nations Children Fund ... -May 15, 2024 at 10:23 pm EDT - MarketScreener

SYDNEY (Reuters) -Anglo American has suspended hiring globally according to an internal memo reviewed by Reuters, as it gets plans underway to simplify itself and build value - and avert a $43 billion takeover bid by Australia's BHP Group. Anglo laid out plans on Tuesday to refocus its company on energy transition metal copper while spinning out or selling its less profitable coal, nickel, diamond and platinum businesses, as it moves to fend off the world's biggest miner. "Follo...

A look at the day ahead in European and global markets from Kevin Buckland Hopes that the U.S. inflation genie is back in the bottle has given investors... -May 16, 2024 at 12:30 am EDT - MarketScreener

Japans Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership. Toshiba delisted in December...

Chinese online retailer JD.com on Thursday reported first-quarter revenue that beat market estimates, as deep price cuts helped boost sales that had been hit hard by cautious customer sentiment. ...

By Anna Tong (Reuters) - Vercel, a software startup that provides a platform for building cloud-based web applications, on Thursday said it has raised $250 million in a Series E funding round that values the company at $3.25 billion. The round was ...

Asian shares made 15-month highs on Tuesday on renewed confidence of U.S. interest rate cuts, while traders waited on a policy meeting in Australia later in the day and had a close eye on a falling yen. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3% in early trade. Japan's Nikkei gained 1.3% and S&P 500 futures were steady after the cash index logged a 1% rise overnight.