United Airlines forecast stronger earnings in the current quarter on Wednesday as it expects rising travel demand and improved pricing power to produce the highest quarterly revenue in the company's history. The Chicago-based airline expects an adjusted profit in the range of $3.00 to $3.50 per sh
Chinese autonomous driving firm WeRide (WRD.O) has hired Morgan Stanley (MS.N), opens new tab and China International Capital Corp (CICC) (601995.SS) to work on a dual primary listing in Hong Kong, three sources with knowledge of the matter said. The Guangzhou-based company, which listed on Nasdaq
Alphabet shares closed more than 9 per cent higher on Wednesday after a US judge ruled against breaking up the Google parent, clearing a major regulatory overhang and adding about $210 billion to the company's market value. The ruling on Tuesday by Judge Amit Mehta allows Google to retain control
US shoppers looking for fake Christmas trees and holiday decor this year will have fewer choices and face higher prices as tariffs on Chinese imports force retailers to scale back orders as they assess how tight customer budgets are. A 90-day extension to a tariff reprieve - agreed to by Washingto
European shares wobbled on Monday ahead of what is likely to be an eventful week for US interest rate policy, as investor attention turned to Washington where Ukraine's Volodymyr Zelenskiy and European leaders will meet Donald Trump. The pan-European STOXX 600 index (.STOXX) was down about 0.2 per
Global stocks traded near record highs on Friday as investors awaited talks between Donald Trump and Vladimir Putin over Ukraine in Alaska and for US retail data that may give clues on the health of the world's biggest economy. The MSCI All Country World Index (.MIWD00000PUS) consolidated recent g
An index of global equity markets rose to a record high for the second straight session on Wednesday, partly underpinned by bullish sentiment on Wall Street as investors positioned for a likely interest rate cut from the US Federal Reserve. The MSCI All Country World Index rose as high as 954.21,
US stock index futures were little changed on Monday as investors geared up for a busy week, while major chip companies seemed caught in the middle of the latest twist in trade policy ahead of a key tariff deadline with China. Semiconductor giant Nvidia (NVDA.O) dropped 1 per cent in premarket tra
Major share indexes around the world crept higher on Monday continuing to grind back towards their late July peaks, with the focus of the week on a crucial report on US inflation that will likely set the course of the dollar and bonds. Europe's STOXX 600 share index rose 0.3 per cent (.STOXX) with
US stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday as technology-related shares, including Apple, gained and as investors were optimistic about potential interest rate cuts. The three major indexes also registered solid gains for the week. Ap
Indian shares were muted in early trades on Tuesday, with benchmark indexes near six-week lows, as concerns over a delay in signing a trade deal with the United States and sustained foreign outflows hurt demand. The Nifty 50 was up 0.09% at 24,703 points and the BSE Sensex added 0.04% to 80,924.62
Shares in Samsung Electronics fell 1.0 per cent on Tuesday after the South Korean technology company staged a powerful rally in the previous session on news of a $16.5 billion deal to supply chips to Tesla. The deal could bolster the technology company's unprofitable contract business, but Samsung
Puma shares dropped 16 percent on Friday after the German sportswear brand said it now expects an annual loss as sales decline and US tariffs dent profit. Puma has been struggling to attract shoppers as re-released retro sneakers, such as the Speedcat, have not sold as well as hoped, and CEO Arthu
