S&P 500 FUTURES STRENGTHEN SLIGHTLY, YIELDS SLIP, AFTER JOBS DATAS&P 500 futures have edged higher after the release of the latest labor market data.E-mini S&P 500 futures CME_MINI:ES1! are now up around 0.25% vs. a gain of about 0.15% just before the numbers came out.The June headline jobs number…
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Italy's biggest bank Intesa Sanpaolo MILSEDEX:I05808 on Thursday said it had completed the cloud migration of its core IT systems, joining a handful of European banks that have managed to move away from legacy technology.
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The United States has signed a memorandum of understanding with Tanzania to invest more than $1.3 billion in its health sector over the next five years, the latest in a series of deals that have caused controversy in some African countries.The agreement, signed late on Wednesday, is similar to thos…
U.S. job growth slowed more than expected in June and data for the prior month was revised lower, but the unemployment rate fell to 4.2%, pointing to continued labor market stability.Nonfarm payrolls increased by 57,000 jobs last month after a downwardly revised 129,000 rise in May, the Labor Depar…
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed.The loonie FX_IDC:USDCAD was trading 0.3% higher at C$1.4175 to the greenback, or 70.55 U.S. cents, after trading in a range of 1.4151 to 1.4224.Canadian government 10-year bond yi…
Lucid Group NASDAQ:LCID missed second-quarter delivery estimates on Thursday and named Alexander De Bock as its new finance chief, the latest leadership change at the struggling electric-vehicle maker since it appointed a new CEO in April.De Bock will replace Taoufiq Boussaid, who has held the role…
By Stephen NellisMicrosoft NASDAQ:MSFT said on Thursday it is creating a new company that will help customers select AI technologies that work for their businesses and generate returns on their investment.Microsoft Frontier Company, as the new operating entity is called, will kick off with $2.5 bil…
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By Niket Nishant and Avinash PWall Street's main indexes were set to open higher on Thursday after a softer-than-expected employment report for June tempered expectations for interest rate hikes by the Federal Reserve.The closely watched nonfarm payrolls report showed the U.S. economy added 57,000…
Morocco's annual trade deficit widened by 20.8% to 159 billion dirhams ($17 billion) in the first five months of this year, driven by higher energy and equipment imports, the foreign exchange regulator said on Thursday.Imports were up 11.8% from a year earlier to 370 billion dirhams, outweighing e…
By Giuseppe FonteItaly is ready to intervene on changes to the ownership structure of its insurance companies to make sure its economy and citizens benefit from savings allocation decisions, Economy Minister Giancarlo Giorgetti said on Thursday.The remarks appear as a warning shot over the future o…
By Arasu Kannagi Basil and Isla BinnieBlue Owl Capital NYSE:OWL maintained a 5% quarterly withdrawal limit for two of its private credit funds as redemption requests remained substantially above the cap despite falling by a few percentage points in the second quarter, sending the asset manager's sh…
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A member of Russia's liberal Yabloko party, which opposes the war in Ukraine, was detained in Moscow on Thursday in connection with alleged donations to a banned organisation, the party said in a statement.Elena Perepelitsa, 60, was detained eight days after Yabloko's deputy leader Maxim Kruglov wa…
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European regulators have launched a series of antitrust, privacy and online safety investigations into major technology companies in recent years.Below are some of the major probes:ALPHABET NASDAQ:GOOGEurope's top court on July 2 dismissed Google's challenge against a €4.1 billion ($4.8 billion) EU…
Jaguar Land Rover retail sales fell 15.3% year-on-year to 80,000 units in the first quarter of fiscal year 2027 as it grapples with supply constraints and softening demand, parent India's Tata Motors Passenger Vehicles NSE:TMPV said on Thursday.Here are some more details:
July 2 (Reuters) - U.S. Labor Department seasonally adjusted jobs data.In 1,000s, Change June May Apr in Non-farm Payrolls 57 129 148 Jobless Rate (Pct) 4.2 4.3 4.3 Labor Part…
