EM stocks rally; Manila, Bangkok up on rate-cut bets
By Sneha Kumar (Reuters) -Emerging Asian stock markets rallied on Tuesday, with Bangkok and Manila trading higher on expectations of rate cuts in the near future, while Singapore stocks hit…
Japan stocks higher at close of trade; Nikkei 225 up 0.45%
Investing.com – Japan stocks were higher after the close on Tuesday, as gains in the Paper & Pulp, Steel and Warehousing sectors led shares higher. At the close in Tokyo,…
Asian stocks rise, dollar weak as US yields tick down
By Kevin Buckland TOKYO (Reuters) -Asian stocks rose on Tuesday while U.S. bond yields and the dollar hung back from multi-month highs as traders awaited President-elect Donald Trump’s cabinet selection…
Thyssenkrupp takes $1 billion impairment on steel unit as outlook worsens
By Christoph Steitz and Tom Käckenhoff ESSEN, Germany (Reuters) -Thyssenkrupp took a fresh 1 billion euro ($1.06 billion) impairment on its struggling steel division, blaming the sector’s worsening outlook as…
Rheinmetall aims for 20 billion euros in sales in 2027
BERLIN (Reuters) -Rheinmetall aims for 20 billion euros ($21.08 billion) in sales for 2027, boosted by increased defence spending by EU and NATO country leaders in response to the Ukraine…
Nvidia to report solid earnings beat but near-term upside limited, KeyBanc says
Investing.com — KeyBanc Capital Markets expects Nvidia (NASDAQ:NVDA) to “solidly beat” expectations with its upcoming third-quarter earnings report but face headwinds going into the fourth quarter. The investment bank predicts…
RBC initiates Tesco at ‘sector perform’, Sainsbury’s at ‘outperform’
Investing.com — RBC Capital Markets has initiated coverage on two of the UK’s leading grocery chains, Tesco Plc (LON:TSCO) and J Sainsbury Plc (LON:SBRY), flagging their strong market positions but diverging…
Safe-haven assets rally after Russia updates nuclear doctrine
LONDON (Reuters) – Safe-haven assets bounced sharply on Tuesday, after a warning from Russia over its updated nuclear doctrine that was aimed at making possible enemies aware of inevitable retaliation…
Meta to appeal Indian order that curbs data-sharing between WhatsApp, other apps
(Reuters) – Meta Platforms (NASDAQ:META) said on Tuesday it plans to appeal an order by India’s competition watchdog that restricts the U.S. tech firm from sharing data for advertising between…
The many flavors of Ben & Jerry’s corporate activism
Ben & Jerry’s, the iconic ice cream brand known for its social activism, filed a lawsuit on Wednesday against its parent company, Unilever, accusing the consumer goods giant of censorship…