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March 17, 2023 0

Dollar Retreats as Banking Support Prompts Relief Rally

By Administrator_India

The U.S. dollar slipped lower in early European trade Friday and riskier currencies rallied on easing concerns about a global…

Oil Prices Rise On OPEC+ Hopes, But Set For Steep Weekly Losses
March 17, 2023 0

Oil Prices Rise On OPEC+ Hopes, But Set For Steep Weekly Losses

By Administrator_India

Oil prices crept higher on Friday on the prospect of supportive measures by the OPEC+, although fears of an economic…

Asian Stocks Surge As Bank Bailouts Lift Spirits
March 17, 2023 0

Asian Stocks Surge As Bank Bailouts Lift Spirits

By Administrator_India

Asian stock markets rose on Friday, recovering from a series of sharp losses this week as government and institutional support…

Zara Owner Inditex Reports Surge in Annual Profit As Sales Hit Record High
March 15, 2023 0

Zara Owner Inditex Reports Surge in Annual Profit As Sales Hit Record High

By Administrator_India

Zara-owner Inditex (BME:ITX) posted a 29% jump in annual profit despite a slowdown in top-line returns in the final quarter,…

ECB Likely To Stick To Big Rate Hike Despite Banking Turmoil, Source Says
March 15, 2023 0

ECB Likely To Stick To Big Rate Hike Despite Banking Turmoil, Source Says

By Administrator_India

European Central Bank policymakers are still leaning towards a half-percentage-point rate hike on Thursday, despite turmoil in the banking sector,…

Asian Stocks Rise As Bank Rout Eases, Markets Bet On Less Hawkish Fed
March 15, 2023 0

Asian Stocks Rise As Bank Rout Eases, Markets Bet On Less Hawkish Fed

By Administrator_India

Most Asian stock markets rose on Wednesday, helped by a recovery in bank shares amid easing fears over a potential…

Volkswagen to Invest $193 Billion Over 5 Years To Hit EV Target
March 14, 2023 0

Volkswagen to Invest $193 Billion Over 5 Years To Hit EV Target

By Administrator_India

Volkswagen (ETR:VOWG_p) plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production…

Spain’s Mango Plans U.S. Expansion After China Retreat
March 14, 2023 0

Spain’s Mango Plans U.S. Expansion After China Retreat

By Administrator_India

Spanish fashion retailer Mango is focusing on U.S. expansion after turning its back on China, Chief Executive Officer Toni Ruiz…

Bank Slide Deepens As SVB Contagion Fear Rattles Markets
March 14, 2023 0

Bank Slide Deepens As SVB Contagion Fear Rattles Markets

By Administrator_India

Asia’s share markets slid on Tuesday, with financial stocks in Tokyo leading losses as fear of a U.S. banking crisis…

Asia FX Firms, Dollar Slumps as SVB Turmoil Clouds Rate Hike Outlook
March 13, 2023 0

Asia FX Firms, Dollar Slumps as SVB Turmoil Clouds Rate Hike Outlook

By Administrator_India

Most Asian currencies rose on Monday, while the dollar tumbled to near three-week lows as a potential banking crisis in…

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