For Traders   |   For Investors   |   For Fund Manager
Login Now
Sign Up

Oil Edges Up on China Demand Hopes, US Inventories in Focus

Investor hopes for oil demand in China support Iraqi northern export halt, OPEC cuts also underpin market US crude stockpiles expected to fall in weekly reports Coming up API report, 2030 GMT April 25 Reuters Oil edged higher on Tuesday, on track for a third day of gains, supported by investor optimism that holiday travel […]
Read More

Mixed U.S. Stock Market Direction, Oil Price Reverse

PREVIOUS TRADING DAY EVENTS 24 April 2023 Announcements  According to the German ifo Business Climate Index, German business has somehow improved. The Index rose to 93.6 points in April, up from 93.2 points seasonally adjusted in March. This was due to an improvement in companies expectations. While companies expectations improved, they assessed their current situation […]
Read More

Oil Prices Rise on Optimism about Fuel Demand in China

SINGAPORE, April 24 Reuters Oil prices rose on Monday, reversing losses as investors grew optimistic that holiday travel in China would boost fuel demand in the world39;s largest oil importer. Brent crude rose 1.06, or 1.3, to 82.72 a barrel by 1217 p.m. EDT 1717 GMT. U.S. West Texas Intermediate crude rose 95 cents, or […]
Read More

Credit Suisse Lost 68 Billion in Assets Last Quarter

ZURICH, April 24 Reuters Credit Suisse said on Monday that 61 billion Swiss francs 68 billion in assets left the bank in the first quarter and that outflows were continuing, underscoring the challenge faced by UBS Group in rescuing its rival. Customer deposits declined by 67 billion francs in the quarter and the bank noted many matured […]
Read More

CocaCola Gets a Lift from Higher Prices, Steady Demand

Q1 revenue 10.96 bln vs est. of 10.80 bln CEO flags uncertainty over consumer environment Shares up 1 April 24 Reuters CocaCola Co on Monday topped Wall Street estimates for firstquarter revenue and profit, benefiting from resilient demand for its sodas as well as multiple price increases undertaken to combat higher commodity and shipping costs. The […]
Read More

Indias Wipro to Consider Share Buyback at Board Meeting

BENGALURU, April 23 Reuters Indian IT services provider Wipro Ltd said on Sunday it will consider a share buyback proposal at its board meeting on April 27. Indian IT services companies are facing challenges, with shares under pressure as clients cut budgets and scale back projects amid fears of a recession in major economies and recent […]
Read More

Archives

Categories