Lululemon Athletica shares surged nearly 11% in after-hours trading on Thursday after the retailer reported stronger-than-expected third-quarter results and said Chief Executive Calvin McDonald will step down early next year.Revenue rose 7% from a year earlier to $2.6 billion, exceeding Wall Street estimates of $2.48 billion. Adjusted earnings of $2.59…
The UK economy slipped back into contraction in October, heightening concerns that Chancellor of the Exchequer Rachel Reeves’ first…
In Venezuela, money does not enter the economy as a steady stream. Instead, it arrives in bursts, timed to…
Russian seaborne oil product exports dipped slightly in November, falling 0.8% from October to 7.494 million metric tons, according…
India’s annual retail inflation increased to 0.71% year-on-year in November, rising from a record low of 0.25% in October,…
Europe’s news flow today is a mix of corporate shake-ups, political tension, and cautious market mood. Amazon’s hefty tax…
Markets are bracing for a pivotal Fed decision, with a widely expected rate cut setting the tone for a…
The US Federal Reserve on Wednesday cut its policy rate by 25 basis points, the third consecutive reduction.The policy…