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Pound Advances As European Shares Climb
The pound firmed against its most major counterparts in the European session on Tuesday amid risk appetite, as concerns over the banking crisis receded following an acquisition deal for U.S.-based Silicon Valley Bank.
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1267 days ago
European Shares Modestly Higher In Cautious Trade
European stocks were seeing modest gains on Tuesday amid easing concerns over the banking system and on eve of testimony to Parliament about Silicon Valley Bank by the governor of the Bank of England (BoE).
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1267 days ago
Chipotle To Pay $240K To Workers After Closing Maine Store That Tried To Unionize
Chipotle Mexican Grill has agreed to pay $240,000 to the former employees of its store in Augusta, Maine that was closed last year allegedly after the workers tried to unionize. Chipotle United said that after seven months, it has reached a settlement with Chipotle in the lawsuit against them regarding the illegal closure of the store and retaliation against union members by refusing them work...
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1267 days ago
FTSE 100 Inches Higher Ahead Of BoE Bailey Testimony
U.K. stocks rose on Tuesday as banking concerns eased and a recovery in crude prices lifted commodity stocks.
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1267 days ago
CAC 40 Edges Higher On Easing Banking Fears
French stocks traded higher Tuesday on easing concerns over the banking system.
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1267 days ago
DAX Rises As Bank Worries Ease
German stocks opened higher on Tuesday as worries about the banking sector eased following a buyout deal for the deposits and loans of the failed Silicon Valley Bank.
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1267 days ago
Asian Shares Gain On Easing Banking Fears
Asian stocks advanced on Tuesday as concerns over the banking crisis eased and China's top leaders pledged to keep embracing foreign capital despite economic and geopolitical headwinds.
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1267 days ago
more news
UK Shop Price Inflation Hits Fresh Record High: BRC
UK shop prices logged another record high in March due to the historical growth in food and non-food prices, data from the British Retail Consortium showed Tuesday. The BRC- NielsenIQ shop price index increased 8.9 percent on a yearly basis in March, faster than the 8.4 percent rise in February. The annual growth was primarily driven by another record 15.0 percent growth in food prices.
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1267 days ago
Lyft Co-founders To Step Down; Names David Risher CEO
Ride-hailing company Lyft, Inc. announced a management shakeup with co-founders Logan Green and John Zimmer deciding to step down from their day-to-day roles as chief executive officer and president, respectively. The company has named David Risher, who previously worked with Amazon and Microsoft, as its new chief executive officer with effect from April 17.
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1267 days ago
U.S. Dollar Extends Decline As Bank Crisis Eases
The U.S. dollar extended its early decline against other major currencies in the Asian session on Tuesday, as fears of a global banking crisis once again eased following the latest developments in the sector and after three regional U.S. Fed bank presidents said the U.S. banking system was not facing a liquidity crisis.
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1267 days ago
European Economic News Preview: France Business Confidence Data Due
Business confidence survey results from France and Italy are due on Tuesday, headlining a light day for the European economic news. At 2.30 am ET, gross wages and current account figures are due from Hungary. At 2.45 am ET, France's statistical office INSEE is scheduled to issue business sentiment survey results for March.
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1267 days ago
European Shares Seen Opening Up As Bank Fears Recede
European stocks may open higher on Tuesday as fears of contagion risk from the banking turmoil eased.
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1267 days ago
Sensex, Nifty Cling To Small Gains In Early Trade; Metal Stocks Outperform
Indian shares clung to small gains on Tuesday, tracking firm cues from global markets. A cautious undertone prevailed after a sharp rise in oil prices overnight and amid caution ahead of F&O expiry.
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1267 days ago
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