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Apollo Funds To Acquire Majority Stake In Kelvion From Triton

India, Aug. 13 -- Apollo Global Management Inc. or Apollo Funds (APO) announced on Wednesday that they have agreed to acquire a majority stake in Kelvion, a global provider of energy-efficient heat ex... Read More


Swiss Franc Retreats Against Majors

India, Aug. 13 -- The Swiss franc retreated against its major counterparts in the New York session on Wednesday. The franc retreated to 0.8057 against the greenback and 182.90 against the yen, from a... Read More


Oil Extends Losses As IEA Raises Global Oil Supply Forecast

India, Aug. 13 -- Oil held a decline on Wednesday as industry data showed U.S. crude stockpiles increased last week and the International Energy Agency (IEA) raised its 2025 oil supply forecast, sayin... Read More


Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood

India, Aug. 13 -- The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as the uncertainty about the likely time of the Bank of Japan's (BoJ) next interest rate h... Read More


Coherent Corp. Q4 Loss Widens

India, Aug. 13 -- Coherent Corp. (COHR) announced Loss for its fourth quarter of -$128.8 million The company's bottom line totaled -$128.8 million, or -$0.83 per share. This compares with -$79.9 mill... Read More


Canadian Stocks Rise Amid Fed Rate Cut Hopes

India, Aug. 13 -- Canadian stocks moved higher on Wednesday as expectations of a US Fed rate cut in September increased due to the latest economic data. After opening just above previous close, the b... Read More


Poland GDP Growth Improves In Q2

India, Aug. 13 -- The Polish economy expanded at an accelerated pace in the second quarter, flash data from Statistics Poland showed on Wednesday. Gross domestic product advanced an unadjusted 3.4 pe... Read More


U.S. Stocks Pull Back Off Early Highs But Still Close Mostly Positive

India, Aug. 13 -- After initially extending the rally seen during Tuesday's session, stocks gave back ground over the course of the trading day on Wednesday but managed to close mostly higher. Despite... Read More


German Wholesale Price Inflation Slows

India, Aug. 13 -- Germany's wholesale price inflation eased in July largely due to lower prices of solid fuels and mineral oil products, data from Destatis showed Wednesday. Wholesale selling prices ... Read More


German Inflation Remains Stable At 2.0% As Estimated

India, Aug. 13 -- Germany's consumer price inflation remained stable in July, as initially estimated, data from Destatis showed on Wednesday. The consumer price index logged an annual increase of 2.0... Read More