International News
Heineken sees volumes jump, maintains cautious tone
Heineken posted a rise in quarterly revenues and volumes on Wednesday, despite a “challenging and uncertain” economic outlook.
German business sentiment improves in April - Ifo
German business sentiment improved in April, according to a survey released on Wednesday by the Ifo Institute.
US new home sales jump in March
New home sales in the United States bounced back strongly in March after a sharp downwards revision to numbers the month before.
Tesla announces plans to cut 400 jobs in Germany
Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce.
UPS tops Q1 profit forecasts but misses on revenue
American transport and logistics giant United Parcel Service saw shares rise on Tuesday after quarterly profits beat analysts' forecasts, even though revenues fell more than expected.
US open: Stocks higher as investors digest Q1 earnings
Wall Street stocks were in the green early on Tuesday as corporate earnings from a number of the nation's biggest firms began to roll in.
US economic activity slows in April, PMIs show
Economic activity in the U. S. slowed last month, the results of two closely followed surveys revealed.
GM lifts full-year outlook after strong Q1
US auto giant General Motors on Tuesday lifted its profit and cash flow guidance for the full year after a strong first quarter in which it beat market forecasts.
PepsiCo Q1 profit boosted by international performance
US soft drinks and snack firm PepsiCo reported a rise in first-quarter earnings and sales on Tuesday, underpinned by a strong international performance.
US pre-open: Futures in the green as corporate earnings roll in
Wall Street futures were in the green ahead of the bell on Tuesday as corporate earnings from a number of the nation's biggest firms began to roll in.
Renault's Q1 revenues held back by FX movements
French carmaker Renault beat forecasts with its first-quarter results, though shares fell as sales from the automotive division were held back by currency movements.
Expanded use of Cosentyx drug sees Novartis raise expectations
Swiss pharmaceutical giant Novartis raised its full-year guidance Tuesday after beating expectations in its first quarter.
Eurozone business activity grows at fastest rate for a nearly a year
Business activity in the eurozone grew at the fastest pace for nearly a year in April, according to preliminary data released on Tuesday.
Asia report: Stocks mixed as investors digest regional data
Asia-Pacific markets concluded trading with a mixed bag of outcomes on Tuesday, as some regions extended their gains from the previous day, buoyed by a resurgence in tech stocks on Wall Street.
Europe close: Stocks start week on front foot as Mideast tensions ebb
Most European bourses started the week in good form with investors breathing a sigh of relief over the reduced tensions in the Middle East, at least for the moment.
CoStar to buy Matterport in $1.6bn deal
CoStar, a US provider of online real estate marketplaces, information and analytics in the property markets, said on Monday that it has agreed to buy Matterport in a $1. 6bn deal.
Chicago Fed's national activity index rises to 0.15 in March
The Chicago Federal Reserve's national activity index rose to +0. 15 in March, up from an upwardly revised reading of +0. 09 for February and beating expectations for a +0. 09 reading for the highest reading since November 2023.
US open: Stocks higher as traders look ahead to tech earnings
Wall Street stocks were in the green early on Monday as market participants looked ahead to key earnings from a number of major tech firms.
US pre-open: Futures higher ahead of busy week for tech earnings
Wall Street futures were in the green ahead of the bell on Monday as market participants look ahead to key earnings from a number of major tech firms.
Ocado shareholders reportedly pushing for move to NYSE
Ocado shareholders are pushing for a potential shift from its London listing to the New York Stock Exchange, it emerged over the weekend.