Trading in the U.S. index futures suggests that Wall Street stocks may get off to a nervous start in the truncated session on Friday. With most traders away from their desk on account of Thanksgiving Day, volumes may taper further, which would render less credence to any move made in the session. Asian...
German retail sales grew at the fastest pace in more than three years in October, as consumer confidence strengthens amid favorable labor market conditions and low inflation. Retail sales rose a calendar-and-seasonally adjusted 1.9 percent month-over-month, preliminary figures from Destatis showed Friday.
The European markets are likely to open lower on Friday owing to lack of trading cues from the U.S. markets. After Thursday's Thanksgiving holiday, Wall Street will resume trading for a shortened session ending at 1 p.m.
It looks like that the selling in energy stocks will continue, a day after oil...
The European parliament on Thursday approved a resolution that calls for the unbundling of search engines from other commercial services that internet companies offer, implying the possible break-up of big internet companies like Google Inc. (GOOGL, GOOG).
The resolution, though non-binding in nature,...
Eurozone economic sentiment unexpectedly strengthened for a second consecutive month in November as an improvement in the factory confidence offset a deterioration in consumer morale, figures from the European Commission showed Thursday. The economic sentiment indicator rose to 100.8 from 100.7 in October. Economists had expected the index to ease to 100.3.
Toyota Motor Corp. (TM, TYT.L) Thursday announced 1.1 percent decline in worldwide production for October, as there was a sharp decline in production of passenger cars in Japan. Production outside Japan improved 2.3 percent.
In a separate announcement, the Japanese automaker said it will recall more...
German unemployment reached the lowest in more than two decades in November, boosting confidence among businesses and households. The seasonally adjusted jobless rate for November was 6.6 percent, unchanged from October's figure that was downwardly revised, data from the Federal Labor Agency showed Thursday.
Australia's international cricketer Phillip Hughes, who sustained critical injury after being hit on the head by a ball during a domestic match Tuesday, has died. The 25 year-old promising player had been fighting for his life for two days at St Vincent's Hospital in Sydney, in induced coma. Australian cricket team's doctor Peter Brukner said at a news conference Thursday that Hughes died as a
Infineon Technologies AG reported Thursday higher profit in its fourth quarter with increased revenues, benefited by significant demand growth. Further, the German chip maker proposed higher dividend. Looking ahead, the company warned of first quarter revenues, while giving growth forecast for fiscal 2015.
After turning in a lackluster performance for much of the session, stocks managed to end Wednesday's trading mostly higher. The gains lifted the Dow and the S&P 500 to new record closing highs, while the Nasdaq reached its best levels since 2000.
Half of Americans agree with the changes to immigration policy announced by President Barack Obama last week, according to a CNN/ORC poll, although a majority opposes using executive orders to implement those policies.
Amazon is keeping a tight lid on plans for their new ad-supported streaming video service. The company has previously denied any plans for a free version of the Prime Instant Video collection, but has now eased its position, stating that they merely have no new information on the project.
U.S. crude oil ended lower for a third straight session on Wednesday, after a report from the Energy Information Administration showed crude stockpiles in the U.S. increased more than expected last week and with investors focused on the upcoming crucial OPEC meet in Vienna tomorrow.
Warning about the harmful effects of ground-level ozone, the Environmental Protection Agency proposed strengthening air quality standards on Wednesday. The EPA proposed reducing the limit for ozone pollution from 75 parts per billion to within a range of 65 to 70 parts per billion.
Gold futures ended a tad lower on Wednesday, despite a weak dollar trended after some largely soft economic data from the U.S. with initial claims for unemployment benefits rising more than expected even as new homes sales in October increased modestly.
In some soft economic news from the U.S., first-time...