NEWS dpa_afx
MNI JAPAN MAY FACTORY OUTPUT +0.5% M/M; APRIL +0.5%
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NEWS dpa_afx
MNI JAPAN MAY JOBLESS RATE AT 2.5% VS. APRIL 2.5%
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NEWS dpa_afx
UK JUN BRC SHOP PRICES 0.4% M/M (0.5% MAY)
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NEWS dpa_afx
MNI: UK JUN BRC SHOP PRICES 1.2% Y/Y (1.2% MAY)
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SpaceX Joins Nasdaq-100 Less Than A Month After Going Public
WASHINGTON (dpa-AFX) - Space Exploration Technologies Corp. (SPCX) is set to be added to the Nasdaq-100 index in under a month since its IPO, making it one of the quickest companies to get this honor thanks to Nasdaq's new fast-track rules.Late Friday, Nasdaq announced that SpaceX meets the criteri…
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Ford Brings Back Experienced Engineers After AI Struggles With Quality Checks
DEARBORN (dpa-AFX) - Ford Motor Co. (F) has brought back over 300 seasoned quality engineers after realizing that AI can't fully take the place of human know-how in checking vehicle quality.The company had been ramping up its AI use on the production line, even using AI-driven cameras to spot defec…
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Japan Data Due On Tuesday
CANBERA (dpa-AFX) - Japan is scheduled to release a batch of economic data on Tuesday, highlighting a busy day for Asia-Pacific economic activity. On tap are May figures for unemployment, industrial production, construction orders and housing starts.The jobless rate (2.5 percent) and jobs-to-applic…
Medicare Begins Obesity Drug Coverage, Seniors Unaware Of New Benefit
WASHINGTON (dpa-AFX) - Starting Wednesday, millions of older Americans on Medicare can now get obesity medications through a new initiative called the Bridge program. This program allows qualifying folks to pay a monthly copay of $50 for access to popular weight-loss drugs by Novo Nordisk and Eli L…
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FAA Investigates Possible Drone Strike On JetBlue Flight Near JFK Airport
WASHINGTON (dpa-AFX) - The Federal Aviation Administration is checking out a possible drone strike involving a JetBlue Airways passenger plane as it was nearing New York's John F. Kennedy International Airport. This could be one of the first confirmed cases of a drone hitting a U.S. commercial airl…
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U.S. Dollar Slide As Reports Confirm Next Round Of U.S.-Iran Talks After Weekend Skirmish
WASHINGTON (dpa-AFX) - The U.S. Dollar value inched lower after media reports confirmed free shipping movements across the Strait of Hormuz. The U.S. and Iran have agreed to stand down from their recent exchange of attacks over the weekend which briefly renewed escalation concerns.The U.S. Dollar I…
Dow Reaches Record Closing High As Tech Stocks Rebound Strongly
WASHINGTON (dpa-AFX) - After moving seeing significant volatility early in the session, stocks moved sharply higher over the course of the trading day on Monday. The major averages all moved to the upside, with the Dow reaching a new record closing high above 52,000.The Dow gave back some ground la…
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Treasuries Close Roughly Flat Following Choppy Trading Day
WASHINGTON (dpa-AFX) - After trending higher over the past few sessions, treasuries showed a lack of direction throughout the trading day on Monday.Bond prices spent the day lingering near the unchanged line before closing roughly flat. As a result, the yield on the benchmark ten-year note, which m…
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Swiss Market Settles Modestly Higher
BRUSSELS (dpa-AFX) - After a marginal uptick and a subsequent drop that resulted in a negative spell till about a couple of hours past noon, the Switzerland market recovered and spent the rest of the trading session in positive territory on Monday.The benchmark SMI, which dropped to a low of 14,123…
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Major European Markets Close Weak
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The major European markets closed marginally down on Monday as uncertainty about U.S. and Iran entering a lasting truce, and concerns about inflation and possible interest rate hikes by central banks rendered the mood cautious.The focus was also on the Sintra Fo…
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Crude Oil Soars Amid Drop In Shipping Traffic Through Strait Of Hormuz
WASHINGTON (dpa-AFX) - Partially offsetting the losses from Friday's session, crude oil prices have surged on Monday as vessel traffic across the Strait of Hormuz dropped due to safety threats following mutual U.S.-Iran attacks over the weekend.WTI Crude Oil for August month delivery was last seen…
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France Confirms First Ebola Case Linked To DRC Outbreak
WASHINGTON (dpa-AFX) - France has confirmed its first Ebola case linked to the current outbreak after a doctor returning from a humanitarian mission in the Democratic Republic of the Congo (DRC) tested positive, the French Health Ministry announced last week.According to the ministry, the healthcar…
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Gold Tumbles As Weekend U.S.-Iran Attacks Despite Recent MoU Renew Rate Hike Concerns
WASHINGTON (dpa-AFX) - Gold prices have slumped on Monday, partially offsetting two sessions of gains as threats to progress in U.S.-Iran peace talks following mutual weekend attacks rekindled concerns of oil-linked inflation and increased expectations of a U.S. Federal Reserve rate hike.Front Mont…
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GNW-Stimmrechte: Renk Group AG: Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution
^Renk Group AG: Release according to Article 40 (1) of the WpHG (the GermanSecurities Trading Act) with the objective of Europe-wide distribution/ CET/CEST, transmitted by GlobeNewswire.The issuer is solely responsible for the content of this announcement…
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SK Hynix Unveils KRW 1,100 Tln Investment Plan To Expand AI Memory Production
SEOUL (dpa-AFX) - SK Hynix (HXSCL, 000660.KS) announced a mid- to long-term investment plan totaling KRW 1,100 trillion to expand its AI memory production capacity across South Korea to meet surging global demand driven by artificial intelligence.The company plans to invest KRW 600 trillion in its…
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BAT To Cut 5,500 Jobs, Shift 3,500 Roles Under Fit2Win Program
LONDON (dpa-AFX) - British American Tobacco Plc (BTI, BATS.L) said Monday it will cut about 5,500 jobs and transition around 3,500 roles to strategic partners as part of its Fit2Win transformation program aimed at simplifying operations and improving efficiency.The restructuring, affecting about 9…