Forex News
European Stocks Close Broadly Lower On Recession Fears
European stocks closed broadly lower on Friday, weighed down by fears about a global recession, and worries on the political front.
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822 days ago
Canadian Stocks Surging Higher; Materials Shares Rise
The Canadian market is fairly well placed in positive territory around noon on Friday with stocks from materials and consumer staples sectors posting notable gains.
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822 days ago
Pfizer Likely To Hike U.S. COVID Vaccine Price
Pfizer Inc. expects to increase the price of its COVID-19 vaccine after the United States government's current purchase program expires, Reuters reported citing Pfizer executive Angela Lukin. The drug major is likely to quadruple the price of its COVID-19 vaccine to about $110 to $130 per dose.
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822 days ago
Central Pacific Financial Q3 Profit Declines, But Tops Estimates
Central Pacific Financial Corp. (CPF) the parent company of Central Pacific Bank, on Friday reported that net income for the third quarter declined to $16.72 million or $0.61 per share from $20.82 million or $0.74 per share in the prior-year quarter.
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822 days ago
Bay Street Seen Opening Lower On Recession Fears
Lower futures and bullion prices, and weakness in European markets due to rising concerns about a recession point to a negative start for Canadian shares on Friday.
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822 days ago
American Express Q3 Profit Up 3%, Tops Estimates
Integrated payments company American Express reported on Friday the net profit for the third quarter grew three percent from last year, driven by double-digit revenue growth across all its operating segments, partially offset by higher provisions for credit losses. Earnings per share topped analysts' estimates, while quarterly revenues missed it by a whisker.
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822 days ago
U.S. Dollar Appreciates On Fed Tightening Bets
The U.S. dollar was higher in the European session on Friday, as expectations of steep interest rate hikes by the U.S. Federal Reserve lifted treasury yields.
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822 days ago
more news
Sensex, Nifty Finish Marginally Higher As Banks Climb
Indian shares gave up early gains to end on a flat note Friday as strong earnings updates, including from Axis Bank, were offset by weak global cues.
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822 days ago
European Shares Tumble As Bond Yields Rise Again
European stocks tumbled on Friday amid worries about persistent inflation and the Federal Reserve's aggressive rate-hike cycle.
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822 days ago
FTSE 100 Declines As Political Turmoil Continues
U.K. stocks were moving lower on Friday and the sterling fell amid the ongoing political turmoil following the resignation of Prime Minister Liz Truss after just 45 days in office.
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822 days ago
CAC 40 Slips On Recession Worries
French stocks fell sharply on Friday as concerns over inflation and recession overshadowed a slew of positive earnings updates.
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822 days ago
Pound Declines Amid Weak U.K. Retail Sales Data, Political Crisis
The pound dropped against its major counterparts in the European session on Friday, as the nation's retail sales fell more than expected in September and the resignation of Prime Minister Liz Truss triggered political instability.
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822 days ago
DAX Tumbles On Inflation, Growth Worries
German stocks fell sharply on Friday and bond yields extended their climb, as worries about inflation and interest-rate rises gripped markets.
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822 days ago
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