Hanesbrands soars more than 37% on report of takeover talks with Gildan Activewear
Hanesbrands Inc. shares surged more than 37% on Tuesday after a Financial Times report said that Canada’s Gildan Activewear is…
Brazil’s July inflation slows more than expected, but still breaches target
Brazil’s inflation in July was below market expectations, data published Tuesday by the statistics agency IBGE showed, mainly reflecting the…
Trump may allow lawsuit against Powell: what’s at stake in Fed-White House clash
President Donald Trump has said he’s considering letting a major lawsuit move forward against Federal Reserve Chair Jerome Powell over…
Celanese sinks on weak demand outlook despite earnings beat
Celanese shares plunged on Tuesday after the chemicals manufacturer issued a weaker-than-expected forecast for the third quarter, warning of softening…
US inflation holds below 3% with core prices climbing; Fed stays cautious
The US Bureau of Labor Statistics released the July Consumer Price Index report on Tuesday, showing inflation steady at 2.7%…
Brazil’s Lula, China’s Xi pledge closer BRICS cooperation, seek new trade opportunities
On Monday, Brazilian President Luiz Inácio Lula da Silva held a phone call with Chinese President Xi Jinping, which lasted…
Surfing the waves of uncertainty and analyzing key market trends from H1 2025
The first half of 2025 saw global markets oscillate largely between two bookends, i.e. optimism and caution, a trend driven…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
SBI shares rise as Q1 profit beats estimates; analysts lift targets
Shares of State Bank of India (SBI) gained more than 2.2% during early trading on Monday after the country’s largest…
Gold slips more than 1% on easing safe-haven appeal; analysts warn of further downside
Gold prices fell more than 1% on Monday on easing safe-haven appeal for the precious metal. “The sharp intraday fall…