weak
By Alex Lawler, Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output because of weak demand, and difficult to deepen supply cuts because some members want to pump more,…
By Kevin Buckland TOKYO (Reuters) -Asian stocks rose on Tuesday while U.S. bond yields and the dollar hung back from multi-month highs as traders awaited President-elect Donald Trump’s cabinet selection and sought to gauge the outlook for Federal Reserve easing. Tech shares advanced, tracking Wall Street’s recovery from last week’s…
By David Shepardson, Allison Lampert and Tim Hepher (Reuters) -Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing (NYSE:), giving the struggling supplier a lifeline as it burns cash after four consecutive years of losses. The Wichita, Kansas-based aerostructures…
Nissan (OTC:) Motor stock slumped 6% in Tokyo trading Friday, a day after the company said it would cut 9,000 jobs and reduce its global manufacturing capacity by 20%, aiming to slash costs by $2.6 billion this fiscal year as it faces sluggish sales in key markets like China and…
By Abigail Summerville (Reuters) – Wall Street’s major indexes ended higher on Friday, rebounding from the previous day’s sell-off as Amazon’s strong earnings countered a significant drop in U.S. job growth in October. Amazon.com (NASDAQ:) rose 6.2% after it reported earnings on Thursday that revealed strong retail sales, boosting profit…
Investing.com — U.S. stock futures rose Friday, maintaining the earlier positive tone despite the US economy adding far fewer jobs than anticipated in an October. By 09:00 ET (13:00 GMT), the contract was up 250 points, or 0.4%, traded 33 points, or 0.6%, higher and climbed 125 points, or 0.6%. All…
Investing.com– Most Asian stocks fell on Thursday as rising U.S. Treasury yields pressured technology stocks, while weak economic prints from several regional economies also weighed on sentiment. Regional markets took a weak lead-in from Wall Street, as heavyweight technology stocks fell amid pressure from high yields and as increased risk…
By Richa Naidu LONDON (Reuters) – Nestle’s plans under new CEO Laurent Freixe to restructure and sharpen its focus on its top brands were welcomed by investors, but executing a turnaround strategy against a backdrop of weak consumer demand will be a tough task. After replacing Mark Schneider as CEO…
Investing.com — Shares of Rexel were down on Wednesday following the company’s latest trading update, which posted challenging market conditions and a cut to its full-year margin guidance. At 8:02 am (1202 GMT), Rexel was trading 3.3% lower at €25.44. The electrical supplies distributor reported a 2.1% like-for-like decline in…
Investing.com– Chinese stocks brushed off initial volatility and clocked strong gains on Monday, rising even as the government provided middling cues on fiscal stimulus and as inflation data underwhelmed. But it remained to be seen whether the rally would be sustained, as overall sentiment towards the country remained mixed. China’s…
