A softer-than-expected CPI reading helped force the 10-year Treasury yield down 13.4 basis points, its biggest daily drop since late November, to 4.653%, the lowest since January 6, according to Dow ...

In Europe, the Stoxx Europe 600 gained 0.6% in morning trading. Financiere Richemont rose 15.7% and Zalando added 15%. On the other hand, Safestore Holdings dropped 3.5%, and Nokia lost 3.3%. The FTSE ...

Universal Music Group plans to launch a U.S. offering of some shares owned by Bill Ackman's Pershing Square, as the hedge-fund billionaire pushes for the record label behind Taylor Swift to list in ...

Seven & i Holdings said in November that it had received a buyout proposal from Junro Ito, a top Seven & i executive and son of the founder of the Japanese retail giant. That announcement came weeks ...

TotalEnergies expects hydrocarbon production in the fourth quarter to slightly increase but refining margins will remain weak. The French oil and gas company said Thursday that it expects its ...

Last year, shares in Taiwan-listed TSMC soared more than 80% on robust AI-related demand. The index heavyweight helped Taiwan become the best-performing major Asian market in 2024 with a 28% gain.

Stellantis vehicle deliveries fell 9% in the fourth quarter of 2024 as the Jeep and Ram-maker took action to reduce excess inventory in the U.S.

Cocoa beans demand fell in Europe in the fourth quarter of 2024 and for the year as a whole, though it remains relatively stable, according to a report from the European Cocoa Association.

Swiss luxury group Richemont said it saw an improvement across all business areas and reported better-than-expected sales for its fiscal third quarter, in the midst of a downward trend in demand for ...

Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs.

U.S. stocks recouped some of their recent losses, after new inflation data revived hopes of rate cuts, and solid results from big banks set a strong tone for this earnings season. Employment surged by ...

The world's largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating the U.S.-China chip rivalry. The fatal shooting revealed deep resentment of ...