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Australia Household Spending Rebounds In May

India, July 4 -- Australia's household spending rebounded in May driven by spending on discretionary goods and services, the Australian Bureau of Statistics reported Friday. Household spending grew 0... Read More


Air France-KLM To Buy Majority Stake In SAS

India, July 4 -- Air France-KLM Group (AFRAF.PK), an airline holding company, said on Friday that it has decided to buy a majority stake in the Scandinavian Airlines System, SAS. Benjamin Smith, CEO ... Read More


European Shares Seen Lower As Tariff Fears Resurface

India, July 4 -- European stocks may open a tad lower on Friday, with trading volumes likely to remain thin amid the Independence Day holiday in the United States. U.S. President Donald Trump's appro... Read More


Boeing Secures $2.8 Bln Contract For Strategic Satellite Communications Program

India, July 4 -- Boeing (BA) has been awarded a $2.8 billion contract for the Evolved Strategic Satellite Communications (ESS) program, which forms the space-based component of the U.S. nuclear comman... Read More


Sensex, Nifty Little Changed On Tariff Worries

India, July 4 -- Indian shares were little changed in cautious trade on Friday as U.S. President Donald Trump warned countries to strike deals before the deadline or face tariffs. Trump said late Thu... Read More


TSX Up Marginally After Posting New Record High

India, July 4 -- The Canadian market is up marginally a little past noon on Friday with investors largely making cautious moves on weak private sector activity report, and amid uncertainty about Trump... Read More


U.S. Factory Orders Spike In Line With Estimates In May

India, July 3 -- New orders for U.S. manufactured goods saw a substantial rebound in the month of May, according to a report released by the Commerce Department on Thursday. The Commerce Department f... Read More


U.S. Stocks Move Notably Higher On Stronger Than Expected Jobs Data

India, July 3 -- Stocks have moved notably higher during trading on Thursday, adding to the gains posted in the previous session. With the continued upward move, the Nasdaq and the S&P 500 have reache... Read More


Starboard Value Confirms 9% Stake In TripAdvisor

India, July 3 -- According to a filing with the U.S. Securities and Exchange Commission, activist investor Starboard Value purchased 9 percent stake in Tripadvisor, Inc. (TRIP), stating that they "rep... Read More


U.S. Service Sector Returns To Growth In June

India, July 3 -- After reporting a slight contraction in U.S. service sector activity in the previous month, the Institute for Supply Management released a report on Thursday showing the service secto... Read More