Market updates

China's services activity expansion slows in August, Caixin PMI shows
September 04, 2024 11:49 AM AEST| By EODHDGrowth in China's services sector activity slowed in August despite the summer travel peak, prompting some firms to cut staff amid concerns about rising costs, a private-sector survey showed on Wednes...

Logan Driscoll has key hit in MLB debut, Rays edge Twins
September 04, 2024 11:44 AM AEST| By EODHDLogan Driscoll knocked in the go-ahead run with his first career hit, Jeffrey Springs crafted six sharp innings and the Tampa Bay Rays evened their four-game series with the Minnesota Twins by eking o...

Oil extends losses on signs of end to Libyan dispute, demand concerns
September 04, 2024 11:43 AM AEST| By EODHDOil prices fell on Wednesday, extending the previous day's more than 4% plunge, on expectations the political dispute that has halted Libyan exports may be resolved and concerns over lower global dema...

Waste not: Taiwan workshop turns trash into sunglasses
September 04, 2024 11:09 AM AEST| By EODHDPlastic bottle caps, food packaging, single-use utensils and scrapped toys are just some of the throw-away items that have been given a new life at a zero-waste workshop in Taipei.

Sabalenka cruises past Zheng to reach US Open semi-final
September 04, 2024 10:56 AM AEST| By EODHDHard-hitting Belarusian Aryna Sabalenka reached her fourth straight U.S. Open semi-final on Tuesday as she rolled past China's Zheng Qinwen 6-1 6-2.

Mexican Congress debates judicial reform as Supreme Court judges join work stoppage in protest
September 04, 2024 10:24 AM AEST| By EODHDMexico's lower house of Congress launched into a debate on a controversial judicial reform on Tuesday despite a rare, last-ditch work stoppage by Supreme Court judges in protest.

Already expensive global house prices to get modest boost from rate cuts
September 04, 2024 10:23 AM AEST| By EODHDHouse prices in most key markets will rise modestly this year and next on expectations mortgage rates will fall further and help to marginally improve affordability of expensive property, a Reuters po...

Grand jury indicts Texas woman in attempted drowning of 3-year-old Muslim girl
September 04, 2024 10:22 AM AEST| By EODHDA Texas woman has been formally indicted by a grand jury in the attempted drowning of a 3-year-old Palestinian American Muslim girl in a May incident that local police said was motivated by racial bia...

Credit-Rating Providers Settle With SEC Over Off-Channel Communication Violations
September 04, 2024 10:12 AM AEST| By EODHDSix credit-rating providers, including Moody’s and S&P, agreed to pay a total of $49 million in civil penalties in the latest settlement with the SEC over off-channel communications. Continue reading...

Core management, majority of board members at US Steel will be US citizens, Nippon Steel says
September 04, 2024 10:06 AM AEST| By EODHDJapan's biggest steelmaker Nippon Steel , which is seeking to acquire U.S. Steel , said on Wednesday if its purchase goes ahead core senior management as well as a majority of board members at the U.S...

California looks to crown first world surf champion since 1990
September 04, 2024 10:05 AM AEST| By EODHDCalifornia has a great chance to crown a first homegrown world surfing champion in more than 30 years when Griffin Colapinto and Caitlin Simmers take part in the World Surf League (WSL) finals near Sa...

Nvidia Keeps Falling Late As DOJ Reportedly Issues Subpoenas In AI Antitrust Probe
September 04, 2024 10:05 AM AEST| By EODHDThe DOJ reportedly has issued subpoenas in a growing antitrust probe over Nvidia's AI dominance. Nvidia stock extended losses late. Continue reading View comments

Haiti power firm says main hydroelectric plant down after protest
September 04, 2024 10:00 AM AEST| By EODHDHaitian state-owned power firm Electricite d'Haiti (EDH) said on Tuesday that output at Peligre, the Caribbean nation's largest hydroelectric plant, was down to zero after protests over distribution o...

Mexico's Supreme Court votes to join work stoppage over judicial reform
September 04, 2024 09:31 AM AEST| By EODHDMexico's Supreme Court judges voted to suspend the institution's activities prior to a congressional debate on a controversial judicial reform, it said in a statement on Tuesday.

Economic headwinds, light shipments weigh on ArcBest in August
September 04, 2024 09:29 AM AEST| By EODHDArcBest's asset-based operating ratio is expected to be flat to 50 basis points worse sequentially in the third quarter. (Photo: Jim Allen/FreightWaves) Lower shipment weights and the loss of some pro...

US safety commissioners call for investigation into Shein, Temu
September 04, 2024 09:27 AM AEST| By EODHDTwo leaders of the U.S. Consumer Products Safety Commission are calling for the agency to investigate e-commerce retailers Shein and Temu after "deadly baby and toddler products" were sold on both web...

Donaldson Company to Present at the Jefferies Industrials and Morgan Stanley 12th Annual Laguna Conferences
September 04, 2024 09:19 AM AEST| By EODHDMINNEAPOLIS, September 03, 2024--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter,...

Fritz, Navarro delight US Open home crowd, roar into semi-finals
September 04, 2024 09:09 AM AEST| By EODHDThe stars and stripes prevailed at the U.S. Open on Tuesday as Americans Taylor Fritz and Emma Navarro advanced to their first ever Grand Slam semi-finals under sunny skies on the Arthur Ashe Stadium.

Grenfell Tower report to detail what led to deadly 2017 London blaze
September 04, 2024 09:05 AM AEST| By EODHDA public inquiry into a fire at the Grenfell Tower apartments in London that killed 72 people seven years ago will issue a report on Wednesday with survivors and families hoping it spells out who was...

Western US braces for extreme heat; Phoenix passes 100 days over 100 degrees
September 04, 2024 08:54 AM AEST| By EODHDThe West Coast of the United States is bracing for extreme heat with temperatures in desert towns expected to soar as high as 120 Fahrenheit (49 Celsius) and Phoenix likely to extend its streak of 100...