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…
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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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…
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…
WASHINGTON (dpa-AFX) - After showing a strong move to the upside early in the session, stocks have seen considerable volatility over the course of the trading day on Monday. The major averages have shown wild swings but have largely maintained a positive bias.Currently, the major averages are in po…
WASHINGTON (dpa-AFX) - Cryptocurrencies have declined in the past 24 hours even as global markets react to the developments in the Middle East and signs of a tech rally are reinforced. Bitcoin traded between $60,682 and $58,856 in the past 24 hours. Overall crypto market capitalization has decreas…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Eurozone economic confidence improved more than expected in June as tensions in the Middle East eased, survey data from the European Commission showed Monday.The economic sentiment index rose to 95.0 in June from 93.7 in the previous month. The score was forecas…
WASHINGTON (dpa-AFX) - Square, a subsidiary of Block, Inc. (XYZ), a provider of commercial and financial products, Monday announced that The Sherwin-Williams Company (SHW), the world's largest paint and coatings company, has selected it as the payment solution partner for the Sherwin-Williams Digit…
WASHINGTON (dpa-AFX) - Copart, Inc. (CPRT) announced Monday that Jeff Liaw will step down as Chief Executive Officer and director, effective July 31, 2026. Liam first served as CFO since 2016, then President from 2019 to 2022, and finally as the third-ever CEO of Copart since April 2024. He also He…
LONDON (dpa-AFX) - UK mortgage approvals fell to the lowest since late 2023 in May, the Bank of England said Monday.The number of loans approved for house purchases decreased to 56,205 from 66,034 in April. This was the lowest level since December 2023 and remained well below the expected level of…
WASHINGTON (dpa-AFX) - The U.S. Food and Drug Administration has issued a proposed rule that, if finalized, would help strengthen the agency's ability to efficiently identify illegal foreign tobacco products - including youth-appealing e-cigarettes - and conduct on-site inspections abroad.Domestic…
WARSAW (dpa-AFX) - Saab AB (SAABF, SAABY, SAABb.ST), a Swedish aerospace and defense company, said on Monday that it has inked a contract of SEK 47 billion with the Polish State Treasury Armaments Agency to produce and deliver three A26-type submarines. Saab will also supply a weapon package and a…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Eurozone bank loans to the private sector increased at a faster pace in May, primarily due to the increase in lending to businesses, the European Central Bank said Monday.Adjusted loans to the private sector grew 3.9 percent on a yearly basis, following an incre…
WASHINGTON (dpa-AFX) - Martin Marietta Materials, Inc. (MLM) announced Monday that it has entered into a definitive agreement to combine with Lhoist North America, Inc., a subsidiary of Lhoist Group, for $13.5 billion in cash and shares of Martin Marietta common stock.Lhoist North America is a lead…
WASHINGTON (dpa-AFX) - Rocket Lab Corporation (RKLB), an aerospace manufacturer and launch service provider, said on Monday that it has inked a deal to buy Iridium Communications Inc. (IRDM), a voice, data, and satellite services provider, for $54 per share in cash and share, which represents an en…
MADRID (dpa-AFX) - Spain's consumer price inflation remained stable in June, flash data from the statistical office INE showed Monday.Consumer prices increased 3.2 percent on a yearly basis in June, the same rate of growth as seen in April and May.Similarly, EU harmonized inflation held steady at 3…
PHILADELPHIA (dpa-AFX) - At 7:40 a.m. ET on Monday, premarket trading is seeing notable activity in several stocks, with early price movements signaling potential opportunities before the opening bell.For active traders, premarket trading offers a head start in spotting potential breakouts, reversa…
BRUSSELS (dpa-AFX) - The UK stock market's benchmark index FTSE 100 dropped into negative territory on Monday after an initial marginal upmove, as the mood remained cautious with investors looking ahead to a fresh round of negotiations between Iran and the U.S. scheduled to take place on Tuesday in…
MORRISTOWN (dpa-AFX) - Honeywell Aerospace Inc. (HONA), an aerospace and defense supplier, Monday announced that it has completed its spin-off from Honeywell International Inc. (HON) and will begin trading as a publicly traded company on the Nasdaq, effective at today's market opening.'Honeywell Ae…