A ban on athletes using stamina-boosting gases - xenon and argon - came into effect on Monday. The World Anti-Doping Agency (WADA) said Hypoxia-Inducible Factor (HIF) activators Xenon and Argon have been added to the 2014 List of Prohibited Substances and Methods List following the required three-month notice period and UNESCO's communication to all States Parties. A recommendation to revise the
British manufacturing growth eased further in August to its lowest level in 14 months as output and demand increased at slower rates, survey results from Markit Economics showed Monday. The Markit/CIPS Purchasing Managers' Index dropped to 52.5 from a revised 54.8 in July. Economists had expected the score to fall to 55.1 from July's original figure of 55.4.
Packaging products company Crown Holdings, Inc Monday said it has entered into a definitive agreement with Dutch brewer Heineken N.V., to buy its packaging businesses Empaque in Mexico for a cash consideration of $1.225 billion.
U.S. stocks ended another strong week on a high note, with the S&P 500 setting all-time highs above the 2,000 milestone.
Relatively upbeat readings on consumer sentiment and Midwest business conditions had Wall Street in a good mood for most of the session.
Volume was light as many traders got...
U.S. crude oil surged to end higher for a fourth straight session Friday, on demand growth prospects after some upbeat economic data from the U.S. showed consumer sentiment to have improved unexpectedly in August.
Oil prices were supported by some strong data from the U.S. with a Thomson Reuters...
Gold futures ended lower on Friday, as the dollar strengthened after some upbeat economic data from the U.S. showed consumer sentiment in August to have improved unexpectedly, although consumer spending in July dipped.
Nonetheless, the decline was limited on concerns over the situation in Ukraine...
Reflecting an upward revision from a preliminary reading, Thomson Reuters and the University of Michigan released a report on Friday showing that consumer sentiment unexpectedly improved in the month of August.
The final August reading on the consumer-sentiment index rose to 82.5 from a final July...
Consumers spent less in July than in the previous month, a surprise retreat that complicates the prevailing belief that the U.S. economic situation is improving. Along with the unexpected drop in spending, government figures released on Friday showed that incomes rose at a slower pace in July than in the previous month. Meanwhile, data on prices indicated that inflation pressures remain tame.
U.S. stocks are poised for a slightly higher open Friday, in what is expected to be a very quiet session ahead of the Labor Day weekend.
With many traders away from their desks getting a head start on the last summer holiday, stocks are likely to hold monthly gains despite mounting tensions between...
Eurozone inflation slowed as expected in August on falling energy prices giving room for the central bank to support demand and economic recovery without stoking inflation and help the region to create more jobs. The unemployment rate remained unchanged at an elevated level in July. Nonetheless, it was at the lowest since September 2012.
Broadline closeout retailer Big Lots, Inc. reported Friday higher net profit in its second quarter with increased net sales and comparable store sales, despite weak margins. Further, the company lifted the lower end of its earnings forecast for fiscal 2014, and backed comps growth view.
Trading in the U.S. index futures suggests that Wall Street stocks may open slightly higher on Friday after yesterday's lackluster showing. Asian stocks closed mixed in an uneventful session, while the European markets are trading in a lackadaisical fashion. The domestic markets may now focus on a couple of economic data on consumer spending and regional manufacturing activity.
Shares of Tesco Plc. declined around 9 percent in early morning trading on the London stock exchange after the British supermarket chain warned Friday of lower trading profit for its first half and full-year 2015, citing ongoing challenging trading conditions as well as its continuing investment in customer offer. The company also reduced its interim dividend by 75 percent.