European Stocks Recover Slightly as Bond Selloff Eases

Airlines rise as oil under pressure Pandora surges on forecast lift Alstom slumps on cash flow forecast cut Oct 5 Reuters European shares regained some poise on Thursday after a threeday selloff, as retreating government bond yields and an overnight slump in oil prices relieved some pressure on equity investors. The STOXX 600 index was up […]
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US Employers Announce Fewer Layoffs in Sept, Report Shows

NEW YORK, Oct 5 Reuters U.S. employers dialed back their planned job cuts in September, especially in the warehousing sector, but workforce reduction intentions were higher on a yeartodate basis amid continued cuts in the technology and retail industries, according to a report released on Thursday. Announced job cuts by U.S.based employers totaled 47,457 last […]
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Corona Beer Maker Constellation Brands Bets on Higher Pricing to Lift Profit View

Oct 5 Reuters Constellation Brands raised its annual profit target on Thursday after higher prices and strong demand for its beers and spirits drove a sales and profit beat in the second quarter. Alcohol producers such as Constellation and peer BrownForman have benefited from increasing prices, helping offset steeper raw material costs. Constellation also raised the annual […]
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Japan MA Blazes Trail as Global Deals Decline

Total value of Japan MA transactions grew 14 in JanSept Domestic deals, including Toshiba and JSR, led growth Low interest rates, new guidelines likely to help momentum TOKYOHONG KONG, Oct 5 Reuters Japan39;s MA market is standing out against a worldwide decline this year, thanks to surging domestic deals as rising costs, stricter governance rules […]
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