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A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021.

Futures extend gains after March PCE data

Reuters |Updated 43 minutes ago |1 min read

(Reuters) - U.S. stock index futures extended gains on Friday, as fresh evidence of progress on the inflation front reignited hopes that the Federal Reserve could cut interest rates sometime this year. The personal consumption expenditures (PCE) ...

The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019.

TSX futures rise as commodity prices jump

Reuters |Updated 57 minutes ago |2 min read

(Reuters) - Futures for Canada's main stock index drifted higher on Friday, tracking a rise in commodity prices and upbeat megacap earnings on Wall Street, while some caution ahead of a key inflation reading in the United States contained gains.

Employees of HCLTech walk inside the office premises on the outskirts of Lucknow, India, March 20, 2024.

India's HCLTech misses Q4 revenue estimates

Reuters |Updated 4 minutes ago |1 min read

BENGALURU (Reuters) - HCLTech, India's No.3 IT services player, reported a smaller-than-expected fourth-quarter revenue on Friday amid decelerating tech spending among clients due to macro overhang. The company posted a 7.1% increase in revenue ...

The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, U.S., May 5, 2019.

LyondellBasell beats Q1 profit view, expects seasonal demand boost

Reuters |Updated 1 hour ago |2 min read

(Reuters) - Petrochemical manufacturer LyondellBasell said on Friday it expects seasonal demand improvements across most of its units in the current quarter after it beat first-quarter profit estimates. The chemical maker said low costs for ...

The logo of T. Rowe Price Group is pictured at its office in Tokyo, Japan, January 13, 2017.

T Rowe's quarterly profit beats estimates on tailwinds from market rally

Reuters |Updated 1 hour ago |2 min read

(Reuters) - T Rowe Price's first-quarter profit beat expectations as an upswing in markets boosted its assets under management and softened the hit from outflows, it said on Friday. Asset managers have seen money leave their funds as high ...

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Canada's Imperial Oil beats quarterly profit estimates

Reuters |Updated 8 minutes ago |1 min read

(Reuters) - Canada's Imperial Oil topped Wall Street expectations for first-quarter profit on Friday, as the integrated oil firm was helped by resilient demand for fuel amid tight supply conditions. The Calgary, Alberta-based company posted a ...

Signage at a TotalEnergies gas station in Paris, France, February 6, 2024.

TotalEnergies considers listing in New York, says CEO

Reuters |Updated 3 minutes ago |1 min read

PARIS (Reuters) - French oil major TotalEnergies will consider a possible listing in New York, Chief Executive Patrick Pouyanne told analysts on Friday. The company has a significant majority of U.S.-based shareholders, added Pouyanne, who said ...

Traders work on the floor as screens display the logo for Chevron Corp. and Hess Corp. at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2023.

Global equity funds face fourth week of outflows amid dampened Fed rate cut hopes

Reuters |Updated 1 hour ago |2 min read

(Reuters) - Global equity funds recorded outflows for the fourth consecutive week as of April 24, affected by diminishing hopes of rapid Federal Reserve rate cuts this year amid a series of higher-than-expected U.S. inflation readings. Investors ...

Colgate toothpaste is pictured on sale at a grocery store in Pasadena, California January 30, 2014.

Colgate-Palmolive raises sales growth target after strong Q1 results

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Toothpaste maker Colgate-Palmolive raised forecast for annual organic sales growth on Friday, banking on resilient demand for its highly priced self-care and pet nutrition products. Demand for Colgate-Palmolive's products, including ...

A person rides a scooter with the skyline visible in the background, in Abu Dhabi, United Arab Emirates, September 27, 2023.

Exclusive-UAE planning second nuclear power plant, sources say

Alexander Cornwell, Maha El Dahan |Updated 3 minutes ago |2 min read

By Alexander Cornwell and Maha El Dahan DUBAI (Reuters) - The United Arab Emirates will tender shortly for the construction of a new nuclear power plant that would double the number of the small Gulf state's nuclear reactors, three sources ...

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