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Sheryl Sandberg To Leave Meta Board
Sheryl Sandberg, former Chief Operating Officer of Facebook parent Meta Platforms, Inc., announced her decision to leave the tech major's Board of Directors after being 12 years in the post. In a Facebook post on Wednesday, Sandberg, 54, said she will not stand for re-election to the Board after her term ends in May. Going forward, she plans to serve as an advisor to the company.
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Sensex, Nifty End Off Day's Lows
Indian shares cut early losses to end modestly lower on Thursday.
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European Shares Gain As Investors Await ECB Minutes
European stocks were slightly higher on Thursday, following three straight sessions of losses amid rising tensions in the Middle East and fading rate cut hopes.
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FTSE 100 Marginally Higher After Recent Losses
U.K. stocks were steady on Thursday after a three-day slump on worries about inflation and interest rates.
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European Car Registrations Fall On Weak German Market Performance
Europe's passenger car sales declined for the first time in 17 months in December due to the sharp fall in demand in Germany, the European Automobile Manufacturers' Association, or ACEA, said Thursday. Car registrations decreased 3.3 percent from a year ago to 867,052 units, the Brussels-based lobby said.
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CAC 40 Inches Higher Ahead Of ECB Minutes
French stocks traded slightly higher on Thursday, after having suffered heavy losses in the previous session amid rising geopolitical tensions in the Middle East and fading rate cut hopes.
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DAX Little Changed In Lackluster Trade
German stocks were little changed on Thursday amid escalating tensions in the Middle East and lingering uncertainty over the prospects of early rate cuts by the Federal Reserve and the European Central Bank.
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Asian Shares Mixed On China Growth Concerns
Asian shares ended mixed on Thursday, with Chinese markets seeing much volatility on concerns about slowing growth in the world's second largest economy.
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Australian Dollar Falls As Australia Jobs Unexpectedly Drop
The Australian dollar weakened against other major currencies in the Asian session on Thursday, as the Australian economy jobs lost in December.
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European Shares Likely To Drift Lower At Open
European stocks may drift lower at open on Thursday as hopes for early rate cuts faded and Middle East tensions spiked.
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European Economic News Preview: ECB Minutes Due
The account of the monetary policy meeting of the governing council of the European Central Bank is the top economic news due on Thursday. At 2.00 am ET, the European Automobile Manufacturers' Association is scheduled to issue new car registrations data for December. At 4.00 am ET, the European Central Bank releases the euro area current account data for November.
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Sensex, Nifty Extend Losses As Rate-cut Hopes Fade
Indian shares fell sharply in early trade on Thursday, extending the previous session's sell-off amid signs that global central banks including the Federal Reserve and the European Central Bank will not rush to lower interest rates as previously anticipated.
The benchmark S&P BSE Sensex plummeted 721 points, or 1 percent, to 70,780 while the broader NSE Nifty index was down 239 points, or 1.1 percent, at 21,333.
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NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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