AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Market updates
Fed Soft Landing Plans In Focus Amid Consumer Slowdown. What Retail Earnings Revealed and 5 Other Things to Know Today.
August 30, 2024 09:00 PM AEST| By EODHDApple and Nvidia in Talks to Fund OpenAI Alongside Microsoft, Labor Day Travel Expected at Record Levels, and more news to start your day. Continue reading View comments
Social Buzz: Wallstreetbets Stocks Advance Pre-Bell Friday; Intuitive Machines, Lululemon Athletica to Open Higher
August 30, 2024 08:51 PM AEST| By EODHDSocial Buzz: Wallstreetbets Stocks Advance Pre-Bell Friday; Intuitive Machines, Lululemon Athletica to Open Higher
Lululemon Athletica Lowers Full-Year Outlook; Aims to 'Fast-Track' New Styles for 2025
August 30, 2024 08:44 PM AEST| By EODHDLululemon Athletica Lowers Full-Year Outlook; Aims to 'Fast-Track' New Styles for 2025
Volkswagen is reportedly paying staff up to €450,000 to leave amid €10 billion cost-cutting drive
August 30, 2024 08:25 PM AEST| By EODHDStruggling automaker Volkswagen is stuck in a massive cost clearout as it seeks to calm investors amid fears of falling EV demand. Its latest strategy to get there reportedly involves six-figure payda...
UK mortgage approvals rise as interest rate cuts make borrowing cheaper
August 30, 2024 08:15 PM AEST| By EODHDMortgage approvals for house purchases climbed to 62,000 in July, the highest figure since September 2022, according to the Bank of England — another signal of recovering confidence in the housing mar...
German Unemployment Rises Less Than Expected in August
August 30, 2024 08:04 PM AEST| By Team Kalkine MediaIn August, German unemployment increased less than expected, as reported by the Federal Labour Office on Friday. The number of people without jobs rose by 2,000 on a seasonally adjusted basis, bringing the total to 2.8 million. This increase was sign...
_08_30_2024_09_49_47_204192.jpg)
London Pre-Open: Stocks Set to Rise as Investors Eye Nationwide Data
August 30, 2024 07:48 PM AEST| By Team Kalkine MediaLondon stocks were set for a modest increase at the start of trading on Friday, following a favorable session in Asia. The FTSE 100 was projected to open approximately eight points higher, reflecting optimism from global markets.,There were no major...
UK Mortgage Approvals Reach 22-Month High as Lending Increases
August 30, 2024 07:46 PM AEST| By Team Kalkine MediaIn July, approvals and borrowing for mortgages in the UK surged to their highest levels in nearly two years, according to the latest data from the Bank of England released on Friday.,Net borrowing of mortgage debt by individuals saw a significant inc...
Budget Airlines Want to Go Premium. That’s Easier Said Than Done.
August 30, 2024 07:30 PM AEST| By EODHDFloundering low-cost carriers are trying to appeal to higher spenders—but pivoting away from a no-frills brand comes with perils. Continue reading View comments
London Open: Stocks Rise in Quiet Trade; Burberry Struggles
August 30, 2024 06:53 PM AEST| By Team Kalkine MediaLondon stocks edged higher in early trading on Friday, following a positive lead from Asia.,By 0850 BST, the FTSE 100 had risen by 0.4% to 8,412.00.,Richard Hunter, head of markets at Interactive Investor, noted: "With widespread buying interest, the...
Europe Open: Stoxx Hits Record High; Focus on Eurozone and US Inflation Data
August 30, 2024 06:50 PM AEST| By Team Kalkine MediaEuropean shares reached a record high on Friday, driven by anticipation of possible rate cuts from the European Central Bank and the Federal Reserve.,The pan-European Stoxx 600 increased by 0.27% to 526 points, surpassing the previous record high of...
NatWest apologises after banking app goes down
August 30, 2024 06:37 PM AEST| By EODHDNatWest has apologised after customers were unable to use the bank’s mobile app to access accounts or make payments. The banking group said its NatWest and Royal Bank of Scotland mobile apps were both...
Uber CEO says growth in South Korea promising despite underdog status
August 30, 2024 01:01 PM AEST| By EODHDSEOUL (Reuters) - Uber Technologies Inc's CEO on Friday expressed commitment to the South Korean market, where it is an underdog to local tech group Kakao, and said the platform will attract more taxi...
Google to open second data center in Latin America, to invest over $850 million
August 30, 2024 12:52 PM AEST| By EODHD(Reuters) - Alphabet's Google said on Thursday it will open its second data center in Latin America in the Uruguayan city of Canelones and invest more than $850 million in it. Google opened its first...
Lululemon to fast-track hot new styles after 'Breezethrough' fiasco
August 30, 2024 10:38 AM AEST| By EODHDBy Savyata Mishra (Reuters) - Eager to move on from embarrassing reviews of its "Breezethrough" leggings that led Lululemon Athletica to pull them off shelves, the pricey athleisure maker on Thursday...
Character.AI lays off at least 5% of its staff, The Information reports
August 30, 2024 10:00 AM AEST| By EODHD(Reuters) - Chatbot startup Character.AI laid off at least 5% of its staff, The Information reported on Thursday, citing a person briefed by company leaders. The employees who were laid off mostly wor...
Amazon Loses Bid to Overturn Union Loss
August 30, 2024 09:40 AM AEST| By EODHDThe National Labor Relations Board denied the company’s request the overturn the results of a 2022 election in which workers voted to unionize a Staten Island warehouse. Continue reading View comments
Investigators say dispatching errors led to Union Pacific train crash that killed 2 workers
August 30, 2024 07:59 AM AEST| By EODHDOMAHA, Neb. (AP) — Dispatching errors combined with the failure of two backup systems allowed a Union Pacific train to slam into 75 railcars that had been parked on a side track for nine months in Sou...
Autodesk raises annual revenue and profit forecasts on strong design software demand
August 30, 2024 06:53 AM AEST| By EODHD(Reuters) - Autodesk raised its forecast for fiscal 2025 revenue and profit on Thursday, citing robust spending on its design software amid signs of an easing economy, sending shares up more than 5% i...
Ulta Beauty lowers annual forecasts on slowing demand for beauty products
August 30, 2024 06:31 AM AEST| By EODHD(Reuters) - Ulta Beauty cut its annual sales and profit forecast on Thursday, hurt by slowing demand for higher-priced cosmetics and fragrances at its stores. The company's shares have already fallen...
AI on the Rise: A Look at Top AI Companies and Their Stocks