Indices

S&P 500 counts on final 'Mag 7' push for best year this century: McGeever

ORLANDO, Florida -With just over two months left in 2024, the S&P 500 is poised to post its biggest annual gain this century. Whether it achieves this remarkable feat will likely be determined in the...

Exclusive-Panama Canal seeks LNG comeback after 65% decline in traffic

The Panama Canal aims to regain vessel traffic carrying U.S. liquefied natural gas to Asia as demand in that market rises and a new reservation system allows shippers to lock in slots, following a 65%...

European shares rise as key data and US tech earnings loom

European shares edged up on Monday as investors prepared for a busy schedule of key economic data releases and earnings from major U.S. companies. The pan-European STOXX 600 was up 0.2%...

FTSE indexes post weekly losses on mixed earnings, budget angst

London's blue-chip stock index slipped on Friday as investors assessed a mixed bag of corporate earnings ahead of a highly awaited first budget from the country's new government next week. ...

South African reforms could push rand higher, central bank chief says

South Africa's rand has further room to strengthen if the government in Pretoria pushes ahead with reforms and prudent policies, the country's central bank chief Lesetja Kganyago told Reuters. ...

Oil heads for weekly gain as Middle East tensions keep traders on edge

Oil prices rose on Friday and are on track for a weekly gain of more than 1%, as tensions in the world's top oil-producing region, the Middle East, and a restart in Gaza ceasefire talks in the coming...

German air-taxi maker Lilium's units to file for insolvency, shares plunge

German air-taxi developer Lilium said on Thursday two of its subsidiaries in the country have decided to file for insolvency following unsuccessful talks with state and federal governments to solve...

Ukrainian corn seed flows to Europe in further farm trade shift

Ukraine has rapidly expanded exports of corn seed to the EU in the past two years in rare good news for its war-hit agricultural sector but adding to European farmers' grievances about what they say...

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Global miner Anglo American on Thursday posted double-digit falls in its third quarter copper and diamond production but kept its 2024 guidance unchanged for both. Anglo said its copper...

Oil prices slip on rising U.S. crude inventories

Oil prices edged down on Wednesday after industry data showed U.S. crude inventories had swelled more than expected, while the market kept watch on diplomatic efforts in the Middle East as Israel...

China Evergrande says Shenzhen Stock Exchange finds its unit, others in violation of regulations

Liquidators of property developer China Evergrande on Tuesday said the Shenzhen Stock Exchange has found its unit Hengda Real Estate and certain executive directors of Evergrande, among others, to be...

Next wave of LNG supply delayed to 2027 due to project hold-ups, TotalEnergies says

SINGAPORE -The next wave of liquefied natural gas supply will come online from 2027, later than the earlier forecast of 2025, due to project delays, TotalEnergies' Senior Vice President for LNG...

Investors expect volatile Nasdaq return for AI firm split from Russia's Yandex

Investors in Amsterdam-based Nebius Group expect volatile trading on Monday when the AI infrastructure firm's Nasdaq listing, formerly held by Yandex, often dubbed Russia's Google, is revived...

DAX-FLASH: Dax close to 20,000 points before slightly weaker start

The DAX is unlikely to take another step towards the 20,000 points mark on Monday. Broker IG put the leading German index at 19,623 points a good two hours before the Xetra start, down 0.17 percent on...

AI cloud firm Nebius Group expects up to $1 billion in annual recovering revenue in 2025

AI infrastructure firm Nebius Group expects to make annual recurring revenue of $500 million to $1 billion in 2025, the company said on Friday before trading of its shares resumes on Nasdaq on Monday...

Goldman Sachs slashes 2024 European earnings growth forecast

Goldman Sachs slashed its 2024 annual earnings growth forecast for Europe's STOXX 600 index to 2% from 6% on Friday, citing risks from rising corporate taxes and potential trade tariffs. ...

Coca-Cola bottler CCEP to change UK listing category with eye on FTSE 100 inclusion

Bottler Coca-Cola Europacific Partners said on Friday it plans to change its London stock listing category, in a move that would make the company potentially eligible for inclusion in the benchmark...

Vitol enters into long-term swap arrangement with China Gas

Energy trader Vitol on Friday said that it has entered into a long-term swap arrangement with China Gas. As part of the agreement, Vitol will purchase half a million metric tons of LNG...

London stocks open lower after retail sales data; set for weekly gains

London stocks opened lower on Friday as investors digested an unexpected rise in retail sales data, although both indexes were poised to break a two-week losing streak, buoyed by anticipated Bank of...