Hennes & Mauritz posted stronger-than-expected third-quarter earnings on Thursday, sending its shares sharply higher as investors welcomed signs of progress in the Swedish retailer’s turnaround plan.Shares rose as much as 11% in early European trading, buoyed by evidence that management’s efforts to reshape the business through new collections, tighter cost…
Asian equities finished Thursday’s session largely flat as enthusiasm from recent AI-driven gains cooled and expectations for aggressive US…
The clock is ticking toward a crisis. As a bitter political impasse between congressional Democrats and Republicans deepens, the…
China has urged the United States to eliminate what it calls “unreasonable tariffs” and foster conditions conducive to expanding…
Super Typhoon Ragasa battered Hong Kong, forcing closures and chaos as winds topped 200 km/h, flooding streets and snapping…
OpenAI, Oracle, and SoftBank are doubling down on America’s AI ambitions with the announcement of five new massive data…
Despite global oil markets being in backwardation, a state where current prices exceed future delivery prices and typically discourages…
Gold prices held near record highs on Wednesday as safe-haven demand and hopes of further interest rate cuts boosted…
Thailand’s export growth slowed sharply in August as US tariffs and a stronger baht began straining demand for key…