Tag: dpa-AFX
SpaceX to accept cryptocurrency for launch of lunar mission
Elon Musk's SpaceX will accept meme-inspired cryptocurrency Dogecoin as payment for their upcoming mission to the moon.
Canadian company Geometric Energy Corp. announced that DOGE-1...
Eurozone Sentix investor confidence strongest since 2018
Eurozone investor confidence improved to the highest level in more than three years in May suggesting that the recession caused by the coronavirus has...
Air France-KLM Q1 loss narrows
Air France-KLM Group (AFRAF.PK), comprising Air France, KLM and Transavia, reported that its first-quarter net loss narrowed to 1.48 billion euros (1.78 billion dollars)...
ArcelorMittal turns to profit in Q1
ArcelorMittal (MT) reported first-quarter net income of 2.29 billion dollars or 1.93 dollars per share compared to a net loss of 1.12 billion dollars...
Societe Generale turns to profit in Q1 on strong net banking income
Societe Generale SA (SCGLF.PK, SCGLY.PK) reported Thursday that its first-quarter Group net income was 814 million euros (979 million dollars), compared to last year's...
Major European markets close weak
European markets ended notably lower on Tuesday following a sell-off in shares of technology firms and several top name companies from other sectors due...
Oil futures settle sharply higher again
Crude oil prices moved higher on Tuesday, extending gains from the previous session, amid continued optimism about increased demand for fuel in the US...
Gold futures settle lower as dollar rises
Gold futures settled lower on Tuesday as the dollar firmed up against other currencies amid likelihood of a hike in interest rates sometime in...
Gold futures snap four-day losing streak, settle notably higher
Gold futures settled higher on Monday, snapping a four-session losing streak, as the dollar turned easy and bond yields dropped after stock prices moved...
Crude oil futures settle higher
Crude oil futures closed notably higher on Monday amid hopes energy demand will increase in the U.S. following reopening of businesses in several parts...
U.S. manufacturing growth unexpectedly slows in April
Growth in U.S. manufacturing activity unexpectedly slowed in the month of April, according to a report released by the Institute for Supply Management on...
France consumer confidence stable in April
France's consumer confidence remained unchanged in April, defying expectations for an easing, preliminary data from the statistical office INSEE showed Wednesday.
The consumer confidence index...
Puma reports surging first quarter profit
German sportswear firm Puma SE (PMMAF.PK) reported Wednesday that its first-quarter net earnings increased significantly to 109.2 million euros (131.8 million dollars) from 36.2...
Daimler Q1 profit surges, revenue up 10 percent
German automaker Daimler AG (DDAIF.PK) Friday posted significantly higher profits for the first quarter, with 10 per cent growth in revenue, while it continues...
European stocks close higher again
European markets closed higher on Thursday, extending recent gains, as investors reacted positively to the European Central Bank's monetary policy announcement, and some encouraging...
Hyundai Motor Q1 profit surges on strong sales volume
Hyundai Motor Co., Ltd. (HYMLF.OB, HYMTF.OB) reported Thursday that its first-quarter net profit including non-controlling interest increased 175.4 per cent to 1.52 trillion Korean...
Nestle Q1 organic sales growth at 7.7 percent; confirms 2021 outlook
Nestle (NSRGY.PK, NSTR.L) reported that its first quarter total reported sales increased by 1.3 per cent to 21.1 billion Swiss francs (22.94 billion dollars)...
Ericsson sees first quarter profits climb, sales flat
Swedish telecom equipment maker Ericsson (ERIC) reported on Wednesday that first quarter net income climbed 39 per cent to 3.2 billion Swedish kronor (379.1...
Heineken see first quarter profits up, volumes up 12.1 percent
Dutch brewer Heineken NV (HKHHF.PK) reported that its first quarter net profit rose to 168 million euros (201.28 million dollars) from 94 million euros...
Gold futures settle modestly higher
Gold prices moved higher on Tuesday, rebounding from early losses, after the yield on US Treasury notes fell after an early uptick. Gold futures...
Europe’s new car registrations surge in March
(dpa-AFX) - Europe's new car registrations surged in March due to last year's exceptionally low base of comparison caused by the strict Covid-19 restrictions...
Oil prices ease on rising supplies
(dpa-AFX) - Oil prices fell slightly on Friday as investors weighed rising supplies from major producers and the impact of Covid-19 lockdowns on fuel...
Facebook removes another 16,000 groups dealing with fake reviews
(dpa-AFX) - The Competition and Markets Authority (CMA) in Britain said Facebook has now removed a further 16,000 groups that were dealing in fake...
European markets close higher on recovery hopes
(dpa-AFX) - European markets ended on a firm note on Thursday amid optimism about global economic recovery thanks to some upbeat data out of...
JP Morgan CEO Jamie Dimon sees US economic boom
(dpa-AFX) -JP Morgan Chase & Co chief executive Jamie Dimon expects the US economy to get stronger under the Biden administration.
In the annual letter...
Australia central bank keeps monetary policy unchanged
(dpa-AFX) - Australia's central bank maintained its interest rate as well as bond purchase programme on Tuesday, as widely expected, as these measures continued...
Russia’s service sector growth at 7-month high
(dpa-AFX) - Russia's service sector grew at the fastest pace in seven months in March, data from IHS Markit showed on Monday.
The services...
FDA warns 10 companies for illegally selling dietary supplements
dpa-AFX - The US Food and Drug Administration (FDA) sent out warning letters to ten companies for illegally selling dietary supplements that claim...
Rocket Hopes To Make Biggest Tech Stock Trading Debuts
Berlin-based internet giant Rocket hopes to raise 1.6 billion euros (2.04 billion dollars) in what is expected to be one of Europe's biggest tech...
Global tensions dip German consumer confidence
Global tensions resulted in economic expectations in Germany plunging at their fastest pace for more than three decades in August, leading to consumer confidence...