Market updates

French soccer champions PSG strike sponsorship deal with Pernod Rica...
September 01, 2024 11:22 PM PDT | By EODHDFrench drinks and spirits company Pernod Ricard has struck a four-year sponsorship deal with the country's reigning soccer champions Paris Saint Germa...

UK government to probe dynamic pricing after Oasis tickets surge
September 01, 2024 11:20 PM PDT | By EODHDBritain's government has said it will investigate how prices for concert tickets sold on official websites are hiked when demand surges, after fans se...

After biggest loss of year, Dodgers get another shot at D-backs
September 01, 2024 11:20 PM PDT | By EODHDOne day after taking their most lopsided loss of the season, the Los Angeles Dodgers will look to bounce back in the finale of a four-game series agai...

Nomura lowers its FY25 GDP forecast for India to 6.7%
September 01, 2024 11:19 PM PDT | By EODHDNomura lowered its FY25 economic growth forecast for India to 6.7% year-on-year from 6.9% after official data on Friday showed the country's gross dom...

China GDP hiccup would have long-term aftershocks
September 01, 2024 11:13 PM PDT | By EODHDChina loves to set itself different goals with an array of plans. Its GDP growth target of "around 5%" for this year is the most imminent - and is fac...

Russian factory activity growth slowest in over a year in Aug, PMI s...
September 01, 2024 11:06 PM PDT | By EODHDActivity in Russia's manufacturing sector grew at its slowest pace in over a year in August, a business survey showed on Monday, as expansion in outpu...

France's Atos cuts financial targets but says restructuring still on...
September 01, 2024 11:05 PM PDT | By EODHDFrench IT firm Atos on Monday said it would have less cash at hand over the next few years as sales are being dragged down by a weaker business enviro...

UK's Grenfell Tower fire victims say final report may still not brin...
September 01, 2024 11:03 PM PDT | By EODHDSeven years on, Shah Aghlani still remembers clearly the call in the middle of the night from his distressed aunt who was trapped with his disabled mo...

Australian ex-childcare worker pleads guilty to sexual abuse of some...
September 01, 2024 11:01 PM PDT | By EODHDFormer childcare worker Ashley Paul Griffith on Monday pleaded guilty to raping, sexually abusing and exploiting dozens of girls under his care in Aus...

Blackstone nears A$20 bln deal to acquire AirTrunk, Bloomberg News r...
September 01, 2024 10:59 PM PDT | By EODHDBlackstone is nearing a deal to acquire Australian data centre group AirTrunk for A$20 billion ($13.53 billion) including debt, Bloomberg News reporte...

Asian factories show tentative recovery as China improves
September 01, 2024 10:45 PM PDT | By EODHDAsian factories, including China's manufacturing sector, showed signs of a tentative recovery in August and chip makers benefitted from firm demand, p...

Freddy Peralta, Brewers aim to start new streak vs. Cards
September 01, 2024 10:40 PM PDT | By EODHDComing off his best month of the season, Milwaukee Brewers right-hander Freddy Peralta will try to continue his success into September when he takes t...

The climate threats on Pope Francis' Asia-Pacific itinerary
September 01, 2024 10:37 PM PDT | By EODHDClimate change will be high on the agenda as Pope Francis embarks on his longest ever foreign trip on Monday, visiting Indonesia, Papua New Guinea, Ea...

Australian retailer Woolworths exits Endeavour Group three years aft...
September 01, 2024 10:29 PM PDT | By EODHDAustralian retailer Woolworths has decided to exit the owner of liquor store chain Dan Murphy's and BWS bottle shops, ending its long-standing relatio...

Raw economics will trump migration’s sour politics
September 01, 2024 10:27 PM PDT | By EODHDLike most would-be migrants, the debate over international mobility is going nowhere. Economists extol the financial and societal benefits of foreign...

Rupee, forward premiums dip; cues on pace of Fed rate cuts awaited
September 01, 2024 10:23 PM PDT | By EODHDThe Indian rupee weakened marginally on Monday and forward premiums declined, while market participants looked for cues on the pace of the Federal Res...

Sanofi MS drug tolebrutinib misses goal in relapsing disease trials
September 01, 2024 10:12 PM PDT | By EODHDSanofi's most advanced multiple sclerosis (MS) drug candidate has missed the main goal of two late-stage trials to treat relapsing forms of the diseas...

India's factory activity growth hits three-month low, PMI shows
September 01, 2024 10:08 PM PDT | By EODHDIndia's manufacturing activity growth eased to a three-month low in August as demand softened significantly, a private-sector survey showed on Monday,...

Turkey economy grew 3.2% in Q2; seen cooling to 3.35% in 2024, Reute...
September 01, 2024 09:50 PM PDT | By EODHDTurkey's economic growth is expected to have fallen to 3.2% in the second quarter of this year as tighter economic policies weighed, a Reuters poll sh...

Morning Bid: Plotting for payrolls
September 01, 2024 09:38 PM PDT | By EODHDA look at the day ahead in European and global markets from Wayne Cole.