Business
European shares rise as banks, healthcare rally; investors weigh geopolitics, AI impact
European shares closed higher on Tuesday (Feb 17) as financials and healthcare stocks led the market rally, while investors tracked…
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Business
Europe: Stocks edge lower as investors weigh AI volatility; earnings, data in focus
European shares edged lower on Friday (Feb 13) as concerns about potential artificial intelligence (AI)-driven disruptions kept investors…
Business
TotalEnergies halves buybacks as low oil, gas prices weigh on profits
It echoes similar moves by its peers – BP has completely suspended buybacks, and Equinor has reduced them by 70% TotalEnergies will halve…
Business
US stocks: Wall Street ends sharply down as AI worries weigh
Street ended sharply lower on Thursday, with the Nasdaq dragged to its lowest since November by losses in Microsoft, Amazon and other tech…
Business
Billionaire Quek Leng Chan said to weigh taking Guocoland Malaysia private
The 82-year-old Malaysian tycoon has a net worth of US$7.4 billion, according to the Bloomberg Billionaires Index Billionaire Quek Leng…
Business
Bank of America, Citigroup weigh new cards with 10% rate
Some bank executives have publicly said that they agree with Trump’s focus on affordability Bank of America and Citigroup are exploring…
Business
Japan’s Nikkei extends losses; bonds rise as global trade frictions weigh
Japan’s Nikkei share average fell for a fifth straight session on Wednesday as global trade frictions weighed on risk sentiment, while the…
Business
European shares subdued as luxury stocks, miners weigh
EUROPEAN shares were subdued on Friday, limited by weakness in luxury and mining stocks in a dour end to a week dominated by the start to…
Business
GIC, EQT weigh joint bid for Volkswagen’s 6-billion euro Everllence unit: sources
A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations A majority stake in…
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Guinness-owner Diageo is said to weigh options for China assets including sale
The company is trimming global holdings as falling alcohol use hurts efforts to push pricier drinks Diageo is considering options for its…
Business
Gold falls as commodity index adjustments weigh ahead of US jobs data
Gold fell on Friday (Jan 9) as commodity index readjustments and a firm US dollar kept the pressure on prices in the near term, with…
Business
Oil gains as investors weigh Middle East tensions
Oil prices rose in early Asian trading on Monday (Dec 29) as investors weighed Middle East tensions that could disrupt supply, while a…
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Oil rises as investors weigh outcome of Trump-Zelensky meeting
Oil prices rose on Monday (Dec 29) as investors weighed the outcome of talks between the US and Ukrainian presidents on a potential deal…
Business
Asian markets retreat ahead of US jobs as tech worries weigh
ASIAN markets extended losses with Wall Street on Tuesday as investors jockeyed for position ahead of key US jobs and inflation data,…
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Our Editors Weigh In on the 12 Best Shoes to Gift Every Woman This Holiday
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. 14…
Business
Bank of Japan to weigh ‘pros and cons’ of rate hike in December, governor Ueda says
The Bank of Japan (BOJ) will consider the “pros and cons” of raising interest rates at its next policy meeting, governor Kazuo Ueda said…
Business
Australia may weigh early rate hike as economy nears speed limit
The RBA is facing a more complex outlook than peers as its economy is entering an upswing with elevated capacity utilisation Australia’s…
Business
Gold steadies at near two-week high as investors weigh Fed rate-cut bets
US rate futures are pricing in an 85% chance of a rate cut in December, according to the CME’s FedWatch tool Gold prices remained steady…
Business
Brookfield, GIC to weigh buyout of National Storage Reit: sources
The volume of mergers and acquisitions involving Australian companies as either targets or sellers has fallen to around US$70 billion this…
Business
TPG, Warburg weigh US$500 million stake in India-rooted Sirion
TPG Capital and Warburg Pincus are in early talks to buy a stake in Sirion Labs, a Partners Group Holding-backed software business…
Business
US: S&P 500 ends down for fourth day as valuation worries weigh, Home Depot drops
US stocks ended lower on Tuesday, with the S&P 500 putting in a fourth day of losses as valuation worries hit big technology-related…
Business
US: Wall Street set for weekly declines as concerns over economy, tech valuations weigh
Wall Street’s main indexes opened lower on Friday (Nov 7), and were set for sharp weekly declines, as concerns about the economy and…
Business
Oil falls as investors weigh potential supply glut, weak demand
Oil prices declined on Thursday as investors considered a potential supply glut, as well as weakened demand in the United States, the…
Business
Commerzbank Q3 profit unexpectedly falls 8% as higher tax rates, costs weigh
Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, reported an unexpected 7.9 per cent drop in third-quarter net…