Stock market news from the US and around the world. Our news team reports on market moving events around the world, that traders need to know in order to stay on top of developments in the companies whose stocks they trade.
(Reuters) – Credit score rankings company Moody’s (NYSE:MCO) on Monday raised Sri Lanka’s long-term overseas foreign money issuer ranking to ‘Caa1’ from ‘Ca’ with a secure outlook, after the nation’s collectors accepted a $12.55 billion debt overhaul final week. Sri…
Investing.com — European inventory markets closed in a muted vogue at first of a holiday-shortened week, whereas financial development within the UK stalled. At 11:30 ET (16:30 GMT), Germany’s DAX fell 0.3%, France’s CAC 40 dropped 0.03%, whereas the UK’s…
By Ozan Ergenay and Andrey Sychev (Reuters) – Volkswagen (ETR:VOWG_p) shares have been down 3% in early commerce on Monday with analysts citing uncertainty in regards to the automaker’s cost-cutting cope with unions and sure headwinds in 2025. Friday’s settlement,…
Investing.com — Tesla’s fourth-quarter 2024 supply figures, whereas anticipated to hit a document excessive, are unlikely to considerably transfer the inventory, in keeping with a observe from Barclays (LON:BARC). Analysts on the financial institution estimate This fall deliveries at ~515,000 items,…
Investing.com — The S&P 500 declined by 2% this week following a extra hawkish-than-expected FOMC assembly. The up to date dot plot revealed a median projection of two rate of interest cuts in 2025, falling wanting the three cuts anticipated…
By Scott Murdoch, Anousha Sakoui and Chandini Monnappa SYDNEY (Reuters) -Information Corp has agreed to promote its Australian cable TV unit Foxtel to British-owned sports activities community DAZN for A$3.4 billion ($2.1 billion) together with debt, reducing the Murdoch-controlled media…
(Reuters) -Dutch know-how investor Prosus (OTC:PROSF) NV mentioned on Monday it might purchase Latin America-focused on-line journey company Despegar (NYSE:DESP).com Corp for about $1.7 billion in money, because it seems to be to develop its providers throughout Latin America. Prosus,…
(Reuters) -Automotive corporations throughout Europe have introduced plant closures and massive layoffs as they battle with weak demand, excessive prices, competitors from China and a slower-than-expected transition to electrical autos. Beneath are layoffs and web site closures introduced in current…
By Emma Rumney and Jessica DiNapoli LONDON/NEW YORK (Reuters) – Meaghan Dorman’s 5 New York bars look simply as full as they all the time do in December – full of {couples} on dates, vacation get-togethers and enterprise meet ups.…
Investing.com — Momentum appears to be taking priority over the normal indicator of market well being, breadth, based on Morgan Stanley (NYSE:MS). This shift emerges as inventory indices stay close to all-time highs regardless of December exhibiting a number of…
