Indian stock markets continued their robust upward trajectory on Thursday, April 17, capping off a fourth consecutive session of gains with significant advances across the board. Buoyed by strong buying interest, particularly in financial stocks, and supported by positive global cues, the benchmark indices closed firmly in positive territory, reaching…
Shares in J Sainsbury PLC surged on Thursday, closing up 4% at 257.8p, making it the top performer on the FTSE 100 index. The rally came after the British supermarket giant reported its full-year financial results, which showed a 7.2% rise in retail underlying operating profit to £1.04 billion for…
Brazil’s government has flagged rising risks tied to public debt renegotiation, with a record level projected for 2025 as a larger portion of debt remains exposed to short-term interest rates. In a fiscal risks annex to the 2026 budget guidelines bill submitted to Congress on Tuesday, the Treasury estimated that…
The Organization of the Petroleum Exporting Countries announced on Wednesday that it has received revised plans from member countries Iraq and Kazakhstan, as well as other nations within the alliance, detailing their strategies to implement additional oil output cuts. These cuts are intended to offset the overproduction that has occurred beyond…
Lyft is positioning itself for a larger role in the global rideshare market, even as analysts remain divided on its near-term outlook amid rising competition and macroeconomic uncertainty. A new strategic acquisition, coupled with growing ridership and improving margins, underscores the company’s ambition to rebound from a turbulent few years.On…
The DAX Index has bounced back in the past few weeks as concerns about the ongoing trade conflict between the US and its top trading partners rose. After bottoming at €18,460 earlier this year, the index returned to €21,310. It remains much lower than the year-to-date high of €23,445. Is…
Japan navigated another year of overall trade deficits, but a ballooning surplus with the United States has emerged as a critical point of focus, particularly as Japanese negotiators engage in tense discussions with the Trump administration over potential and existing tariffs. Finance Ministry data released Thursday paints a complex picture…
Oil prices rose on Thursday due to tighter supply expectations after Washington imposed additional sanctions on Iranian oil trade. Additionally, some Organization of the Petroleum Exporting Countries producers also pledged more output cuts to offset overproduction through June 2026. At the time of writing, the price of West Texas Intermediate crude oil…
Millions of jobs. Billions in output. A key driver of the US labour market for over two decades will be shaken up. The Biden-era approach to immigration left room for labour force participation and tax contribution from undocumented immigrants. The Trump administration is moving in the opposite direction, that is mass…
Shares of Wipro Ltd dropped as much as 6.3% on Thursday after the IT services firm issued a disappointing revenue forecast for the June quarter, raising concerns of a third consecutive year of decline amid persistent global tech spending cuts.India’s fourth-largest IT exporter said on Wednesday it expects revenue in…