Gold future prices fell more than 1%, hitting its lowest price since early April, as tensions between Israel and Iran eased and safe haven demand melted away.
The eurozone’s economic recovery continued to pick up pace at the start of the second quarter though growth continues to trail far behind the U.S., opening the way for a divergence between the world’s leading central banks.
Oil prices were broadly stable after recouping some of the losses posted in the previous session as fears of an all-out war between Israel and Iran faded.
Primark owner AB Foods reported a higher profit for the first half, benefiting from some normalization of its markets and in the supply chain despite sales coming in below expectations.
Nidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle traction motor business as severe competition disrupts the EV market in China.
French, German and eurozone PMIs matching or beating consensus views could be sufficient in the current environment to push bond yields through resistance levels, both at the front and at the long end of the curve, KBC said.
Renault confirmed its guidance for 2024 after its group revenue rose in the first quarter on higher sales, but revenue from its cars division fell slightly on unfavorable exchange rates.
Akzo Nobel reported a growth in revenue and adjusted earnings for the first quarter that exceeded expectations, with higher volumes helping its top line, and backed its outlook for the year.
Shares of Chinese bubble tea maker Sichuan Baicha Baidao Industrial slumped on lukewarm demand and comes ahead of planned listings by tea rivals Mixue Ice Cream & Tea and Guming.
The ECB will take account of the Fed’s progress in lowering inflation when it decides the pace of cuts to its key interest rate after a first move in June, its vice president said in an interview.
Novartis lifted its full-year guidance after first-quarter profit and sales rose and beat consensus expectations, boosted by strong sales of key drugs.
The U.S. military commander in the Indo-Pacific said he didn’t believe the economic growth figures reported by China and described the country’s economy as failing.
AI is the technology trend of the moment—but what’s 10 years down the road? Some experts say quantum computing will be the next game changer. WSJ visited IBM’s quantum computing lab to learn why.
Several prominent universities took steps to stem further fallout from on-campus confrontations over the Israel-Hamas war, as the schools braced for more heated protests and escalating security concerns.
Trump orchestrated a criminal conspiracy to influence the 2016 election, then sought to cover up a hush-money payment to a porn star by lying in his New York business records over and over again, a prosecutor alleged as the former…
Israel’s military spy chief resigned, becoming the first senior official to step down over intelligence failures that enabled the Hamas-led attacks on Oct. 7.
China’s finance ministry has said it is in favor of the central bank resuming trading Treasury bonds, a move that would see the monetary authority dust off a rarely used tool in its policy kit.