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…
WASHINGTON (dpa-AFX) - Natera, Inc. (NTRA), a clinical genetic testing company, and Aveta Biomics, Inc., an immuno-oncology company, on Monday announced a partnership to support AVTA 30-01, Aveta's Phase 3 trial evaluating its immunotherapy candidate APG-157 in patients with locally advanced head a…
CANBERA (dpa-AFX) - Sentiment in global markets remains tethered to the geopolitical situation in the Middle East amidst a fresh round of mutual attacks over the weekend. However, unconfirmed reports of an agreement to halt the hostilities supported sentiment.Wall Street Futures are trading in mild…
BRUSSELS (dpa-AFX) - France's equity benchmark CAC 40 drifted lower on Monday as uncertainty over the fragile ceasefire between the U.S. and Iran, concerns about interest rates amid higher oil prices rendered the mood cautious. Investors are also focusing on the Sintra Forum, an annual ECB event th…
MADRID (dpa-AFX) - As a record-breaking heatwave grips large parts of Europe, the head of the World Health Organization said the extreme climate may be responsible for at least 1300 deaths across the continent in late June.'Europe is the fastest-warming continent on Earth, heating at twice the glob…
BRUSSELS (dpa-AFX) - German stocks are mostly subdued on Monday with investors making cautious moves, assessing the situation in the Middle East, and focusing on the Sintra Forum, an annual ECB event that focuses on central banking.After renewed hostilities, the United States and Iran have agreed t…
SEOUL (dpa-AFX) - South Korea has unveiled mega plans to enhance the country's chip manufacturing and artificial intelligence (AI) capabilities thruogh corporate investments.Under the plan announced by President Lee Jae-myung on Monday, Samsung Electronics and SK Hynix will develop a semiconductor…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks were subdued on Monday, even as technology shares gained after South Korea announced a $576 billion semiconductor and AI investment plan, backed by Samsung and SK Hynix, to strengthen its global chip leadership.The pan European Stoxx 600 was marg…
FRANKFURT (dpa-AFX) - The following investment banks issued recommendationson U.K. stocks this morning as follows:- BARCLAYS CUTS VICTREX PRICE TARGET TO 590 (610) PENCE - 'EQUAL WEIGHT'- BARCLAYS RAISES GSK PRICE TARGET TO 1900 (1800) PENCE - 'UNDERWEIGHT'- BARCLAYS RAISES SERCO GROUP PRICE TARGET…
CANBERA (dpa-AFX) - Asian stocks ended mostly higher on Monday even as investors kept taking profits on high-flying semiconductor and artificial intelligence-related stocks due to worries about potentially higher interest rates by the end of the year.The U.S. dollar was on track for its best monthl…
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX