Pandora’s shares dropped 10% on Friday after the Danish jewellery brand issued a warning of weaker sales growth for 2025.This downturn was attributed to the fact that US consumers purchased fewer charm bracelets and necklaces than anticipated during the crucial holiday shopping period, according to a Reuters report.Pandora, the well-known…
US job growth slowed further in December, underscoring signs that the labour market remains stuck in a prolonged period of weak hiring despite steady economic growth.Nonfarm payrolls increased by 50,000 last month, well below economists’ expectations for a 73,000 gain, according to data released by the Bureau of Labor Statistics…
Brazil’s inflation slowed more than anticipated at the end of 2025, bringing the annual rate back within the official target range and reinforcing expectations that monetary easing may be considered.Data released on Friday by the statistics agency IBGE showed annual inflation at 4.26%, below both market expectations and the central…
Southwest Airlines shares climbed over 4% on Friday after JP Morgan issued a rare double upgrade on the carrier, citing growing confidence that a stronger earnings outlook could reshape investor expectations ahead of results later this month.The analysts lifted their rating and raised their price target to a Street-high $60…
European markets and politics ended the week on a mixed note, with London equities nudged higher by renewed mining deal speculation, while a powerful storm disrupted daily life across parts of northern Europe.Political uncertainty also loomed in France, where a confidence vote over the Mercosur trade pact threatens fresh turmoil.Meanwhile,…
The S&P 500 climbed 0.7% to a fresh intraday record high on Friday, following the release of December’s employment report, which showed a mixed labor market picture that calmed recession fears.The Nasdaq Composite gained 0.9%, while the Dow Jones Industrial Average added 213.52 points, or 0.43%, closing at 49,480.41 as…
US job growth stalled in December, underscoring a labor market losing momentum, while geopolitical and policy uncertainty weighed on global sentiment.Iran’s Supreme Leader warned protests could isolate the country further as security forces tightened controls.In the US, OpenAI and SoftBank moved to secure clean energy for AI infrastructure with a…
Wheat kicked off the new year with a price surge, as the most actively traded futures contract on the CBOT climbed to 522 US cents per bushel on Thursday, marking its highest level since December 26.At the time of writing, US wheat futures for the March contract were at 518…
India heads into 2026 with headline indicators that would be the envy of many major economies. Growth is strong, inflation is subdued, and political stability remains intact. Yet beneath these reassuring numbers lies a widening disconnect between macro performance and lived economic reality, said a Financial Times report. For investors…
The United States has seized the oil tanker Olina in the Caribbean, as per a Reuters report. This marks the fifth vessel targeted in recent weeks as part of Washington’s efforts to restrict Venezuelan oil exports, the report added. Data from the shipping database Equasis shows the tanker was operating…