The German industrial group posted a €0.57 per share loss for the first half, reversing a €0.17 profit a year earlier. Thyssenkrupp AG reported a first-half net loss of €0.57 per share, compared with a €0.17 profit in the same period last year. The decline reflects weaker
Over 500 private sector representatives attended a session outlining the UAE’s digital invoicing framework and integration timeline. The UAE Ministry of Finance held its second industry briefing on the national e-invoicing system, drawing more than 500 private sector parti
First-quarter results for Europe’s chemicals sector exceed expectations as Middle East tensions disrupt Asian feedstock supplies. Europe’s chemicals sector reported a weak but better-than-expected first quarter, buoyed by supply disruptions in Asia. The industry benefited
Super El Niño may tighten thermal coal markets A potential 'super El Niño' event in mid-2026 could lead to higher thermal coal prices. The event is expected to trigger intense heatwaves across Asia, increasing demand for air conditioning and coal-fired power.
Hotter-than-expected US inflation data and fading hopes for a swift Strait of Hormuz reopening lift the Dollar Index within its 96.00-100.00 range. The US Dollar (USD) advanced against most major currencies as geopolitical tensions in the Strait of Hormuz persist and expec
Ahead of Tuesday's open, U.S. stock futures were in retreat, with investors bracing for April's consumer price index data and monitoring a continued climb in oil prices after Wall Street had closed at record highs the day before. Among the major indexes, Nasdaq 100 futures
XAU/USD declines ahead of April US inflation data, with geopolitical tensions and a stronger dollar weighing on prices. Gold prices fell below $4,700 on Tuesday, retreating from earlier attempts to breach $4,770. The decline comes as investors adopt a cautious stance ahead
The automaker reduces salaried IT roles as part of broader expense cuts amid lower Q1 revenue of $43.62bn. General Motors is cutting 500 to 600 salaried IT positions globally as part of a cost-reduction initiative. The layoffs, which began this week, primarily affect worke
XAU/USD retreats from a three-week high as rising Treasury yields and geopolitical tensions weigh ahead of key US inflation data. Gold prices reversed earlier gains, trading near $4,694 after peaking at $4,773 during the Asian session. The pullback follows a modest rebound
SpaceX Just Hit an All-Time High in Private-Market Trading -- but History Stands Ready to Inject a Dose of Reality Although the benchmark S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) vaulted to new highs on May 8, this wasn't the only history made on Wall...</strong
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