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Adidas Plans To End Partnership With Kanye West: Report

German sports sneaker and apparel maker Adidas AG plans to end its partnership with Kanye West citing recent offensive behaviour from the American rapper, Bloomberg News reported citing people familiar with the matter. Following the news, Adidas shares were losing around 4 percent in the morning trading in Germany.
RTTNews | 818 дней спустя
European Shares Mixed In Lackluster Trade

European Shares Mixed In Lackluster Trade

European shares traded mixed on Tuesday, as investors digested a slew of earnings updates and looked ahead to the policy meetings by the European Central Bank and Federal Reserve for directional cues.
RTTNews | 818 дней спустя
FTSE 100 Slips In Cautious Trade

FTSE 100 Slips In Cautious Trade

U.K. stocks fell on Tuesday, as the initial euphoria over the election of Rishi Sunak as the U.K. Prime Minister faded, and investors awaited Finance Minister Jeremy Hunt's budget on October 31 to see how he plans to plug a £40bn black hole in Britain's public finances exacerbated by Truss's disastrous package of unfunded tax cuts.
RTTNews | 818 дней спустя
CAC 40 Inches Higher Despite Mixed Earnings

CAC 40 Inches Higher Despite Mixed Earnings

French stocks were moving higher on Tuesday, as investors digested a slew of earnings updates and looked ahead to the policy meetings by the European Central Bank and Federal Reserve for directional cues.
RTTNews | 818 дней спустя
DAX Edges Lower In Lackluster Trade

DAX Edges Lower In Lackluster Trade

German stocks edged lower on Tuesday as the business climate index released by the IFO Institute came in unchanged at 84.3 for the month of October.
RTTNews | 818 дней спустя
Asian Shares Mixed On China Growth Concerns

Asian Shares Mixed On China Growth Concerns

Asian stocks turned in a mixed performance on Tuesday as concerns over China's growth prospects and a new political order in the country offset hopes of a Fed pivot.
RTTNews | 818 дней спустя
Japan Govt Maintains Economic View; Cautious About Market Volatility

Japan Govt Maintains Economic View; Cautious About Market Volatility

Japan's government maintained its economic view for the fourth straight month, but remained cautious about the market volatility amid falling bond yields and the weakening yen. In the monthly economic report, released by the Cabinet Office on Tuesday, the government repeated that the Japanese economy is picking up moderately, while the slowdown of global economies poses downside risk to the Japa
RTTNews | 818 дней спустя
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UBS Q3 Profit Down; Stock Rises

UBS Q3 Profit Down; Stock Rises

Swiss banking giant UBS Group AG reported Tuesday lower profit in its third quarter with weakness in all segments. Looking ahead, the company said it remains disciplined on risk management and cost efficiency as it heads into the fourth quarter. UBS shares were gaining around 5 percent in the morning trading in Switzerland.
RTTNews | 818 дней спустя
Pound Weakens As Sunak-led Rally Fizzles

Pound Weakens As Sunak-led Rally Fizzles

The pound dropped against its major counterparts on Tuesday, as optimism over the election of Rishi Sunak as the U.K. Prime Minister faded.
RTTNews | 818 дней спустя
European Economics Preview: Germany Ifo Business Confidence Due

European Economics Preview: Germany Ifo Business Confidence Due

Business confidence survey data from Germany is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Sweden publishes producer prices for September. Prices had advanced 22.0 percent in August. At 3.00 am ET, producer price data is due from Spain.
RTTNews | 819 дней спустя
Asian Markets Trading Mixed

Asian Markets Trading Mixed

Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from global markets overnight, amid uncertainty about the outlook for interest rates in the U.S. ahead of next week's Federal Reserve meeting. However, a recent report about the US Fed signaling a slowdown in the pace of rate hikes is aiding market sentiment. Asian markets closed mostly lower on Monday.
RTTNews | 819 дней спустя

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