Lululemon shares jump after earnings beat and CEO exit announcement
Lululemon Athletica shares surged nearly 11% in after-hours trading on Thursday after the retailer reported stronger-than-expected third-quarter results and said…
UK economy contracts again as budget uncertainty weighs on activity
The UK economy slipped back into contraction in October, heightening concerns that Chancellor of the Exchequer Rachel Reeves’ first budget…
A hawkish cut, a split house, and a Fed Chair on borrowed time
‘Tempus fugit, ’ as we cry out at closing time in my local Wetherspoons. We’re already more than a quarter…
US-Venezuela tensions: What’s the effect on Venezuela’s economy and what investors need to prepare for
In Venezuela, money does not enter the economy as a steady stream. Instead, it arrives in bursts, timed to crude…
Russian oil exports shift in November: Baltic surge counters southern collapse
Russian seaborne oil product exports dipped slightly in November, falling 0.8% from October to 7.494 million metric tons, according to…
India’s retail inflation rises to 0.71% in November as food deflation eases
India’s annual retail inflation increased to 0.71% year-on-year in November, rising from a record low of 0.25% in October, according…
Commodity wrap: silver hits record high, gold climbs past $4,300, oil remains flat
Gold prices hit a seven-week high on Friday due to a soft dollar and rising safe-haven demand. Meanwhile, silver continued…
Vietnam bets on rare earth processing: new law curbs exports to bolster domestic industry
Vietnam’s National Assembly, on Thursday, took a significant step towards bolstering its nascent domestic rare earth processing sector by approving…
SoftBank shares slide as Oracle’s earnings revive concerns over AI investment payoffs
SoftBank Group shares fell sharply on Thursday after Oracle’s weaker-than-expected quarterly results renewed worries about how long it will take…
New India branch marks JPMorgan’s next move in fast-growing market
JPMorgan Chase is preparing another expansion step in India, setting the stage for a fresh phase of growth in a…