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FTSE 100 Turns Weak After Long Winning Streak, Sheds Nearly 1%

India, May 28 -- U.K. stocks fell on Thursday, snapping an eight-session winning streak, as the mood turned a bit bearish amid concerns over escalating tensions in the Middle East following fresh stri... Read More


Spain Retail Sales Growth Eases Sharply

India, May 28 -- Spain's retail sales grew at the slowest pace since late 2024, the statistical office INE said Thursday.Retail sales increased 0.8 percent on a yearly basis in April, weaker than the ... Read More


BYD Unveils 4-Nanometer Self-Driving Chip Amid China EV Competition

India, May 28 -- BYD Company Limited (BYDDY) has just launched a new wave of tech innovations, including what it claims is China's first automotive-grade 4-nanometer chip designed for self-driving car... Read More


Eurozone Economic Confidence Rises Unexpectedly

India, May 28 -- Eurozone economic confidence improved unexpectedly in May on rising sentiment among consumers and service providers, survey results from the European Commission showed Thursday. The e... Read More


CAC 40 Down Nearly 0.4% As Middle East Concerns Push Up Oil Prices

India, May 28 -- The French stock market's benchmark index CAC 40 drifted lower on Thursday with investors largely making cautious moves amid an escalation in tensions in the Middle East. Oil prices c... Read More


Butterfield & Son To Acquire CIBC Caribbean Stake In $1.8 Bln Deal

India, May 28 -- The Bank of N.T. Butterfield & Son Ltd. (NTB), on Thursday announced an agreement to acquire Canadian Imperial Bank of Commerce's (CM, CM.TO) 91.7% stake in CIBC Caribbean Bank Ltd. i... Read More


Gold Slips Below 4,400 On Inflation, Rate Hike Worries

India, May 28 -- Gold prices were sharply lower on Thursday after the U.S. conducted fresh self-defense strikes in southern Iran and Tehran also targeted strikes on a U.S. air base, driving up global ... Read More


Japan Data On Tap For Friday

India, May 28 -- Japan is scheduled to release a raft of data on Friday, highlighting a busy day for Asia-Pacific economic activity. On tap are April figures for unemployment, industrial production, r... Read More


Oil Prices Rebound As Investors Weigh Renewed U.S.-Iran Tensions

India, May 28 -- Oil prices rebounded on Thursday after falling more than 5 percent in the previous session to reach their lowest levels in a month on hopes of a possible agreement between the United ... Read More


EU Slaps Fine On Temu For Unsafe Products

India, May 28 -- The European Union has hit the Chinese-owned online retailer Temu with a EUR200 million ($232 million) fine after regulators discovered a slew of illegal and potentially dangerous ite... Read More