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U.K. Economic Growth Climbs To 0.6%

The U.K. economy grew at a stronger pace in the first quarter of the year ahead of the escalation of geopolitical tensions in the Middle East that triggered supply disruptions and a surge in crude oil price. Gross domestic product increased 0.6 percent sequentially, following the fourth quarter's 0.2 percent expansion, the Office for National Statistics said.
RTTNews | 120 days ago
FTSE 100 Modestly Higher After Cautious Start

FTSE 100 Modestly Higher After Cautious Start

After struggling for direction early on in the session, the UK stock market gained some ground in positive territory Thursday morning as investors reacted to some earnings updates and data showing a faster pace of economic growth in the first quarter.
RTTNews | 120 days ago
Oil Prices Inch Higher As Investors Focus On Trump-Xi Meet

Oil Prices Inch Higher As Investors Focus On Trump-Xi Meet

Oil prices traded higher on Thursday after the International Energy Agency warned that global oil inventories are falling at a record pace and will continue to drop for months as a result of disruption to Middle East supplies.
RTTNews | 120 days ago
Cisco Lifts FY26 View After Strong Q3, Plans Around 4,000 Job Cuts; Stock Climbs

Cisco Lifts FY26 View After Strong Q3, Plans Around 4,000 Job Cuts; Stock Climbs

Shares of Cisco Systems Inc. were climbing around 20 percent in the overnight trading and are up 17 percent in pre-market activity on Nasdaq after the tech major raised fiscal 2026 outlook following double-digit growth in top and bottom-line in its third quarter. Further, amid the AI-focused restructuring, the firm announced a reduction of fewer than 4,000 jobs in the fourth quarter...
RTTNews | 120 days ago
CAC 40 Moderately Higher

CAC 40 Moderately Higher

French stocks are moving in a tight band in positive territory Thursday morning with investors reacting to recent earnings updates and keenly focusing on the U.S.-China summit in Beijing, where the Presidents of the two nations will be discussing a slew of crucial issues, aiming to strengthen economic cooperation.
RTTNews | 120 days ago
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DAX Up Sharply; Infineon, Siemens Among Top Gainers

DAX Up Sharply; Infineon, Siemens Among Top Gainers

German stocks moved higher on Thursday with investors focusing on the two-day summit in Beijing where U.S. President Donald Trump and Chinese President Xi Jinping are set to discuss various issues, including trade, security and try to strengthen economic cooperation.
RTTNews | 120 days ago
European Economic News Preview: UK GDP, Industrial Output Data Due

European Economic News Preview: UK GDP, Industrial Output Data Due

Quarterly national accounts, industrial production and foreign trade reports from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK GDP, industrial output and external trade figures. The economy is forecast to grow 0.6 percent in the first quarter after rising 0.1 percent in the preceding
RTTNews | 120 days ago
European Shares Seen Higher With US-China Talks In Focus

European Shares Seen Higher With US-China Talks In Focus

European shares may open on a firm note on Thursday as Cisco Systems reported record fiscal third-quarter results for fiscal 2026 and investors pinned hopes on U.S.-China talks yielding positive results on the Iran war.
RTTNews | 120 days ago
Indian Shares Marginally Higher In Cautious Trade

Indian Shares Marginally Higher In Cautious Trade

Indian shares were slightly higher in early trade on Thursday as oil prices stabilized and investors pinned hopes on U.S.-China talks yielding positive results on the Iran war.
RTTNews | 120 days ago
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming its early losses in mid-market moves on Thursday, but adding to the losses in the previous four sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,650 level, with weakness in gold miners, financial and technology stocks.
RTTNews | 120 days ago

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