Investors work at their terminals at a stock brokerage firm in Shanghai. Reuters
Euro zone stocks surged on Wednesday as investors piled into firms with big dividends on hopes European Central Bank chief nominee Christine Lagarde will maintain the ECB’s dovish stance, while Italian shares jumped over 2% on avoiding a EU sanction threat. The blue-chip eurozone STOXX index
PARIS: Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half. Europe’s largest aerospace group said second-quarter adjusted
ZURICH: ABB is pressing ahead with a review of its underperforming businesses and expects a customer slowdown and China-US trade tensions to mean a turbulent year, its Chairman and interim Chief Executive Peter Voser told Reuters. The Swiss engineering company is in a “heavy-lifting phase”, Voser said, completing the separation
Sephora was scheduled to close its US stores for an hour on Wednesday morning to host “inclusion workshops” for its 16,000 employees, just over a month after R&B star SZA said she had security called on her while shopping at a store in California. The beauty retailer said the training had been in development months
Saudis share photos and videos of the crown prince, who made the IPO the centrepiece of his plan to diversify the kingdom's economy away from oil and open up its society.
London stocks and the British pound jumped on Friday after an election triumph for Conservative Prime Minister Boris Johnson that analysts said will bring clarity to Brexit proceedings and unlock stronger economic growth.
India’s benchmark index Sensex traded near its life-time highs on Friday after signs of easing in US and China trade tension. The Sensex hit an intraday high of 41,030.92, which is a little over 100 points away from a record high of 41,163.79.