European Semiconductor Shares Fall After Micron Outlook Warning

By Scott Kanowsky Investing.com -- Shares in European semiconductor companies dropped on Friday following an outlook warning from U.S. peer Micron that hinted at gloomy growth prospects for the...

Eurozone Inflation Touches New Record High in June

By Scott Kanowsky Investing.com -- Annual inflation in the eurozone rose to a fresh record high in June, climbing to 8.6%, according to a preliminary estimate from the EU's statistics office on...

Sodexo Shares Rise After Q3 Revenue Beat

By Scott Kanowsky Investing.com -- Shares in Sodexo climbed to near the top of the pan-European STOXX 600 on Friday, after the food services group reported better-than-expected revenues in the...

Supermarket chain Wegmans settles with New York over data breach

By Jonathan Stempel NEW YORK - The supermarket chain Wegmans agreed to pay $400,000 and upgrade its security practices over a data breach that exposed personal information of more than 3 million...

Saudi Investment Fund Mulling Aston Martin Stake

By Scott Kanowsky Investing.com -- Shares in Aston Martin Lagonda Global Holdings PLC slumped by more than 9% on Thursday, after media reports suggested that Saudi Arabia's sovereign wealth fund...

IKEA's stocks back at 2019 levels in Europe as transport bottlenecks ease

By Anna Ringstrom STOCKHOLM - Warehouses for IKEA stores in Europe are as full as they were before the pandemic after an easing of transport bottlenecks in the region, the retail manager of Ingka...

Biden Blames Russia for Soaring Global Energy Prices in NATO Speech

By Scott Kanowsky Investing.com -- U.S. President Joe Biden doubled down on his commitment to Ukraine's war effort, as he blamed a spike in gas prices on the Russian invasion of the...

Shares in U.K. Homebuilders Fall as British House Price Growth Eases

By Scott Kanowsky Investing.com -- Shares in British homebuilders sank on Thursday, following fresh data that suggested a downturn may be looming for the U.K. housing market. Annual growth of...

Gazprom Shares Tumble After Shareholders Vote Against Record Dividend

By Scott Kanowsky Investing.com -- Moscow-listed shares in Gazprom tumbled by more than 25% on Thursday, after shareholders in the Russian energy company decided against a record-breaking...

Powell Warns of "Likely" Growth Slowdown From Aggressive Rate Hikes

By Scott Kanowsky Investing.com -- Federal Reserve chair Jerome Powell has warned that a broader economic slowdown could be a "likely" outcome from aggressive monetary policy actions aimed at...

Uzbekistan warms up to Bitcoin mining, but there’s a catch

The National Agency of Prospective Projects in Uzbekistan announced its demands toward crypto mining operators. It would only allow the companies that use solar energy to mine Bitcoin (BTC) or...

IOHK Countdowns for Vasil Upgrade, “the Most Complex Project”

On June 28, Charles Hoskinson’s IOHK team officially tweeted that they have submitted an updated proposal to hard fork the Cardano Testnet. Similarly, the team is counting down to finally...

Meggitt Shares Tick Higher After Britain Says Parker Takeover Deal Worries Allayed

By Scott Kanowsky Investing.com -- Shares in Meggitt PLC edged higher on Wednesday, boosted by an announcement from the British government that it is now open to giving the green light to a £6.3...

H&M Shares Rise After Q2 Profit Beat

By Scott Kanowsky Investing.com -- Shares in H&M rose in early trading on Wednesday, after the fast-fashion giant reported a 33% year-on-year jump in second quarter pre-tax earnings, beating...

U.S. Travel Shares Climb After China Eases Covid Quarantine Rules

By Scott Kanowsky Investing.com -- Shares in U.S. airlines and travel industry firms rose on Tuesday after China announced that it will scale back its Covid travel restrictions. Beijing said that...

Walgreens Halts Boots Sale, Citing Market Uncertainty

By Scott Kanowsky Investing.com -- U.S.-listed shares in Walgreens Boots Alliance Inc edged slightly higher in early U.S. trading on Tuesday, after the drug store group announced that it would...

Akzo Nobel Shares Slump After CEO Departure Announced

By Scott Kanowsky Investing.com -- Shares in Akzo Nobel NV fell by more than 3% on Tuesday, after Europe's biggest paintmaker announced that Gregoire Poux-Guillaume will replace Thierry...

Lagarde Warns of 'Undesirably High' Inflation in Sintra Speech

By Scott Kanowsky Investing.com -- European Central Bank President Christine Lagarde has warned that inflation in the eurozone is "undesirably high", as she pledged to get a handle on price rises...

Prosus Shares Rise After Parent Naspers Announces Tencent Stake Sale

By Scott Kanowsky Investing.com -- Shares in Prosus spiked by more than 14% on Monday, after the technology investor's parent company dropped its vow not to sell stock in China's most valuable...

European Markets Rise as Momentum from Asia, U.S. Lingers

By Scott Kanowsky Investing.com -- European stocks opened broadly higher to touch a two-week high on Monday, following on from gains made in Asia and a late-week rally on Wall Street, as concerns...

TUI Chief to Step Down in September

By Scott Kanowsky Investing.com -- London-listed shares in TUI Group dropped after the world's biggest holiday group announced CEO Fritz Joussen will step down from the post in September. Current...

FedEx Gains on Solid FY23 Outlook, Analysts Mostly Bulled Up Into Next Week's Investors Day

By Investing.com Staff FedEx gained 3% in pre-open trading Friday following solid fourth-quarter earnings results and higher fiscal 2023 guidance. The results have prompted several Wall Street...

Dow Futures Rise as Investors Weigh Fed Chair Testimony

By Scott Kanowsky Investing.com -- U.S. futures pointed higher on Friday, building on gains in Europe and Asia following a late rally on Wall Street, as investors digest two days of high-profile...

Ifo: German Business Confidence Slides in June

By Scott Kanowsky Investing.com -- German business confidence slumped by more than expected in June, dragged lower by "considerably" more pessimism for the second half of the year in the country's...

Australia stocks higher at close of trade; S&P/ASX 200 up 0.77%

Investing.com – Australia stocks were higher after the close on Friday, as gains in the IT, Telecoms Services and A-REITs sectors led shares higher. The best performers of the session on the...

Zalando Shares Slump After Full Year Profit Warning

By Scott Kanowsky Investing.com -- Shares in Zalando slumped to an eight-year low on Friday, after the German online fashion retailer revised down its full-year results. Zalando said it now...

Dollar Edges Lower as Investors Weigh Powell Testimony

By Scott Kanowsky Investing.com -- The U.S. dollar slipped slightly on Friday, as investors remained cautious of the impact of tighter central bank policies around the world aimed at curbing...

U.K. Retail Sales Fall by 0.5% in May

By Scott Kanowsky Investing.com -- U.K. retail sales volumes dropped by 0.5% in May, reversing course from a rise of 0.4% in the previous month, according to data from the Office for National...

U.S. Weekly Jobless Claims Fall by Less Than Expected

By Scott Kanowsky Investing.com -- The number of Americans putting in new claims for unemployment benefits fell by less than estimated last week, potentially signaling that the jobs market in the...

Atos Shares Jump on Report of French Backing for Potential Thales Merger

By Scott Kanowsky Investing.com -- Shares in Atos SE jumped by more than 10% at one point on Thursday after a media report claimed the French government would back a merger between the...

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