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Financial News Around the World

Some consumers are punting big purchases like pools and mattresses

There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.

Published 18 May 2024
Categorised as Finance News

Stocks making the biggest moves midday: GameStop, Reddit, Advanced Micro Devices, Robinhood and more

These are the stocks posting the largest moves in midday trading.

Published 17 May 2024
Categorised as Finance News

‘Quiet wealth’ takes on new meaning with super-private deals for mansions, art and classic cars

Last year, while combined public auction sales for Sotheby’s, Christie’s and Phillips fell by 19%, private sales rose.

Published 17 May 2024
Categorised as Finance News

Stocks making the biggest moves premarket: GameStop, Reddit, Take-Two Interactive Software and more

These are the stocks posting the largest moves in early trading.

Published 17 May 2024
Categorised as Finance News

Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO

Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.

Published 17 May 2024
Categorised as Finance News

HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake

Ping An last year had supported a shareholder motion to spin off HSBC’s Asia business and establish fixed dividends. The motion was eventually defeated.

Published 17 May 2024
Categorised as Finance News

China retail sales, investment data miss expectations in April

China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.

Published 17 May 2024
Categorised as Finance News

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

Walmart may just be a pit stop for high-income consumers.

Published 17 May 2024
Categorised as Finance News

Canada Goose jumps 16% after the company reports growth in China

Shares of Canada Goose surged 16% on Thursday after reporting better-than-expected revenue and earnings for its fiscal fourth quarter.

Published 16 May 2024
Categorised as Finance News

Stocks making the biggest moves midday: Walmart, Deere, Meta, Chubb and more

These are the stocks posting the largest moves in midday trading.

Published 16 May 2024
Categorised as Finance News

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