ECB cuts rates. Lagarde in spotlight after German bonds tumble on spending plan.
The European Central Bank on Thursday cut interest rates by a quarter-point, responding to signs of deteriorating activity and weakening inflation despite bond-market turmoil over plans for a splurge ...
Macy's forecasts 2025 sales, profit below estimates as retailers battle soft demand
Macy's forecast annual sales and profit below Wall Street's expectations on Thursday, reflecting a broader trend among U.S.
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SMIC secures award for $500 million bond float
Conglomerate SM Investments Corp. was recognized as best bond for corporate in the Philippines in the best significant deal category during the “Asset Triple A Sustainable Finance Awards 2025” ...
Tariff Whiplash Spooks U.S. Consumers; Fed's Balance-Sheet Goals; ECB Seen Cutting Rates
Traders see a 98% chance of the European Central Bank cutting rates by a quarter-point on Thursday , according to LSEG data, which will bring the deposit rate to 2.5% from 4% when the cuts began. The ...
Klarna set for US IPO in snub to London markets
Swedish fintech Klarna is looking to raise a minimum of $1bn (£777m) in a US initial public offering (IPO), sources told ...
Onsemi attempts to buy Allegro MicroSystems again for $6.46 billion
Onsemi has offered to pay $35.10 for each share held by Allegro's shareholders, it said on Wednesday. The deal would value Allegro MicroSystems at $6.46 billion, as per a Reuters calculation, and is ...
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Marvell's first-quarter forecast disappoints investors, shares drop
Marvell Technology forecast first-quarter revenue in line with Wall Street estimates on Wednesday, but its shares plunged 15 per cent in extended trading as it failed to excite investors who expected ...
China's JD.com beats quarterly revenue estimate on robust demand
Chinese e-commerce giant JD.com exceeded market expectations for quarterly revenue on Thursday, as deep discounts and price ...
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OPEC oil output rises in February as Nigeria exceeds quota by 70,000 bpd
Nigeria’s oil production surged in February, exceeding its OPEC quota of 1.5 million barrels per day by 70,000 bpd, and ...
Rentokil stock falls as weakness in international markets offsets NA strength
Rentokil’s second-half profits in North America were approximately 3% above projections, but this was overshadowed by lower-than-expected trading in international markets, with earnings before ...
CrowdStrike Holdings, Inc. (CRWD) Beats Q4 Estimates but Projects Modest Revenue Growth Amid Cybersecurity Spending Slowdown
We recently compiled a list of the 12 AI Stocks Making Headlines: Latest News and Ratings. In this article, we are going to ...
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Allegro MicroSystems turns down Onsemi’s ‘inadequate’ $6.9 billion offer
By Pretish M J and Mrinmay Dey (Reuters) -Semiconductor solutions provider Allegro MicroSystems on Thursday rebuffed a $6.9 billion takeover approach from Onsemi, saying the offer was "inadequate" as ...