Fast Retailing Co. is making waves in the U.S. and Europe with its Uniqlo brand, filling closets with its stylish apparel. Despite facing a slowdown in China, the Japanese retailer has achieved record annual revenue.
Oil prices rose today after falling for two days. Traders are closely watching for Israel's response to last week's Iranian missile attack. At the same time, US crude stockpiles have increased by the largest amount since April.
Shares of Lion Corp. surged 7%, marking the largest increase in two months, following an investment by a Japanese fund in the company, known for its toothpastes and household products.
Cristóbal Valenzuela, CEO and Co-Founder of Runway, showcased his company's innovative technology that is transforming AI in the creative industries. Speaking with Bloomberg’s Shirin Ghaffary at the Bloomberg Screentime event in LA, Valenzuela shared insights on Runway's recent significant funding round and its future plans in the evolving landscape of creative AI.
Chinese stocks rose during midday trading after a morning of volatility. Investors are on edge as they await the government's briefing on fiscal policy scheduled for Saturday.
Hurricane Milton hit Florida's west coast near Tampa, bringing powerful winds and heavy rain. The storm caused significant water flooding and posed serious risks to residents in the area. Emergency services are on high alert as they assess the damage and ensure public safety.
Seven & i Holdings Co. is preparing to announce its quarterly earnings, drawing significant attention as investors await insights on its restructuring efforts and profit outlook. This comes on the heels of a recent higher buyout offer from Alimentation Couche-Tard Inc., adding pressure to the retailer's financial strategies.
Asian equities climbed on Thursday, boosted by a fresh record on Wall Street. Investors are awaiting upcoming inflation data that could influence potential Federal Reserve policy easing in the months ahead.
South Korean bonds received a significant boost following the country's unexpected inclusion in a global bond index. Investors are also increasingly optimistic that the central bank will reduce interest rates during its upcoming meeting this week. This combination of factors has strengthened demand for South Korean bonds, reflecting a positive outlook in the market.
Moove Lubricants Holdings, a subsidiary of Brazilian conglomerate Cosan SA, has delayed its initial public offering that was scheduled to price on Wednesday.
