News & Analytic Centre

UK Stocks Edge Higher, Burberry Boosts MidCaps

Burberry set for best day Miners drop as commodity price under pressure FTSE 100 up 0.3, FTSE 250 up 0.3 Nov 14 Reuters UK stocks edged higher on Thursday, with luxury firm Burberry leading gains in the midcap index after unveiling a turnaround plan, while declines in mining stocks kept overall gains in check. Burberry rallied […]
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Dollar Marches on, Trump Trade Momentum Undimmed

TOKYOLONDON, Nov 14 Reuters The U.S. dollar continued its relentless march higher on Thursday, trading at a oneyear high against major peers and headed for a fifth straight daily gain fuelled by higher yields and Donald Trump39;s election victory in the United States. The greenback climbed above 156 yen for the first time since July, while the […]
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Eicher Motors Leads Rise in Indian Shares

Nov 14 Reuters Indian shares rose on Thursday, after sinking into correction territory in the previous session, with Eicher Motors driving the gains in the bluechip indexes following a betterthan expected quarterly profit. The NSE Nifty 50 rose 0.18 to 23,602.25 as of 1032 a.m. IST, while the BSE Sensex gained 0.15 to 77,808.18. Eleven of the […]
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Europes STOXX 600 Rises on Boost from Energy, Tech Stocks

ASML gains after upbeat guidance Deutsche Telekom up after lifting profit target STOXX 600 up 0.3 Nov 14 Reuters Europe39;s STOXX 600 advanced on Thursday, led by energy and technology stocks, buoyed by broadly upbeat earnings across sectors. The panEuropean STOXX 600 index was up 0.3, although it was pinned near a threemonth low, after falling […]
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Oil Eases on Stronger Greenback, Fears of Higher Output

Nov 14 Reuters Oil prices slipped in early trade on Thursday, reversing most of the previous session39;s gains on a stronger dollar and worries of higher global output amid slow demand growth forecasts. Brent crude futures fell 45 cents, or 0.6, to 71.83 a barrel by 0726 GMT. U.S. West Texas Intermediate crude WTI futures […]
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Seven i Investor Artisan Pushes for Competitive Bidding Process

TOKYO, Nov 14 Reuters Artisan Partners, a U.S.based investor in Japanese retail giant Seven i Holdings, called on the company39;s special committee to consider a bidding process of competing takeover proposals to secure the highest offer. The 7Eleven convenience store owner received a buyout proposal from a member of its founding Ito family, it said on Wednesday, […]
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Colombias Ecopetrol ThirdQuarter Profit Slides 28

BOGOTA, Reuters Colombia39;s majority stateowned oil producer Ecopetrol on Wednesday reported a 28 drop in thirdquarter net profit to 3.65 trillion pesos 826.95 million from the same period last year, chiefly citing a fall in the value of the Colombian peso. Total sales meanwhile slipped 1.5 to 34.61 trillion pesos in the July through September period, even […]
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