Analysis: Indices

Gucci owner Kering bets on crisis specialist de Meo to lead revival

Francois-Henri Pinault's decision to hire Renault boss Luca de Meo is an audacious but necessary move to address the twin challenge of sagging sales and mounting debt at luxury group Kering,...

Canada's Dundee Precious to buy UK's Adriatic Metals in $1.25 billion deal

Canada's Dundee Precious Metals will acquire UK-based Adriatic Metals in a cash-and-stock deal valued at $1.25 billion, the companies said on Friday, marking the latest in a string of foreign...

China allows import of eligible pork, poultry products from 106 US plants

BEIJING -China has approved 106 new U.S. pork and poultry plants to export eligible products produced on or after June 12, Chinese Customs said in a notice on its website. The approval...

US consumer sentiment improves; tariff anxiety lingers

WASHINGTON -U.S. consumer sentiment improved for the first time in six months in June as trade tensions between the U.S. and China eased, but households worried about the economy's trajectory. ...

Trump to examine all options for farm workers, agriculture secretary says

WASHINGTON -U.S. Agriculture Secretary Brooke Rollins on Thursday said President Donald Trump would look at every available tool to address farm workers amid his ongoing immigration crackdown, but...

Britain ready to implement US tariff deal, trade minister says

LONDON -Britain is ready to implement its side of a tariff deal with the United States and is hopeful for a proclamation from U.S. President Donald Trump to put the agreement into effect in the...

Trump's tax-cut bill could hold back US critical minerals projects

WASHINGTON -U.S. President Donald Trump's tax and spending bill would make it harder for American critical minerals companies to compete with China because it eliminates a tax credit for boosting...

Chime valued at $18.4 billion as shares soar in Nasdaq debut

Chime Financial's shares surged 59% in their hotly anticipated Nasdaq debut on Thursday, valuing the digital bank at $18.4 billion and extending a winning streak for new stock market listings. ...

China puts six-month limit on its ease of rare-earth export licenses, WSJ reports

China is putting a six-month limit on rare-earth export licenses for U.S. automakers and manufacturers, The Wall Street Journal reported on Wednesday citing people familiar with the matter. ...

US consumer prices rise moderately in May

NEW YORK -U.S. consumer prices rose slightly in May as gasoline prices remained subdued, but inflation is likely to pick up in the months as tariffs boost the cost of imported goods. ...

Some French Tesla drivers file lawsuit over harm allegedly caused by Musk's behaviour

PARIS -A small group of Tesla owners in France is suing the carmaker run by Elon Musk, alleging its vehicles have become far-right totems that are harming their reputation, the law firm representing...

S&P 500 ends lower; traders focus on Middle East tension and await details on trade deal

The S&P 500 ended lower on Wednesday, with investors spooked by Middle East tensions, while a tame inflation report calmed concerns around tariff-driven price pressures and traders awaited more...

Stocks dip, Treasury yields pull-back amid Middle East tension, cooler inflation, US-China 'deal'

Wall Street stocks and the dollar fell on Wednesday, while U.S. Treasury yields eased, amid fresh tension in the Middle East, a lack of detail in a U.S.-China trade deal, and U.S. consumer prices...

Analysts react to US-China trade agreement

NEW YORK/SINGAPORE -U.S. and Chinese officials said they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little...

Lutnick says US-China trade framework should resolve rare earth issue

LONDON -U.S. Commerce Secretary Howard Lutnick said on Wednesday that a trade framework and implementation plan agreed with China in London should result in restrictions on rare earths and magents...

Malaysia energy company Petronas has no plans to leave Canada, executive says

CALGARY -Malaysian energy company Petronas has no plans to leave Canada, the CEO of its Canadian subsidiary said on Tuesday, adding the company is committed to decades of LNG exports off the...

Canada's Allied Gold could look at options for power supply deal at Sadiola mine

TORONTO -Canadian miner Allied Gold could look at alternative options for a power supply deal at its Sadiola mine in Mali following a surge in gold prices and the emergence of new opportunities, its...

Apple: eagerly awaited AI announcement at WWDC conference

Apple is set to kick off its annual WWDC developer conference on Monday, where the tech giant is eagerly awaited to announce the integration of AI into its products, even as investors remain skeptical...

Can the DAX continue to lead the race?

Since the beginning of the year, the DAX has been breaking records and outpacing other European markets. Indeed, the political and geopolitical context and composition of the index are favorable,...