European Stocks Steady as Investors Monitor US Inflation and Geopolitical Tensions
European stocks remained steady on Thursday as investors held back in anticipation of important US inflation data and monitored ongoing geopolitical tensions.
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Luxury Car Sales Decline for BMW and Mercedes-Benz in China
BMW and Mercedes-Benz reported a decline in car sales in China during the third quarter. Weak consumer sentiment in the country is impacting luxury spending, affecting both automakers' performances in their largest market.
Fast Retailing’s Uniqlo Drives Record Revenue Amid China Slowdown
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 Rise Amid Tensions Over Iran Missile Attack and US Stockpiles
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.
Lion Corp Shares Surge 7% After Japanese Fund Invests
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.
Runway’s AI Innovations Transform Creative Industries: CEO Cristóbal Valenzuela Insights
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 Rise Amid Volatility Ahead of Fiscal Policy Briefing
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 Hits Tampa: Life-Threatening Winds and Flooding Unleashed
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 Earnings Preview: Focus on Restructuring and Profit Outlook
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 Climb as US Stocks Hit Record Highs Ahead of Inflation Data
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.
