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China Service Sector Growth Moderates In April

India, May 6 -- China's service sector continued to expand in April but the pace of growth moderated slightly, survey results from S&P Global showed on Monday. The Caixin services Purchasing Managers'... Read More


India's Services Activity Logs Further Strong Expansion

India, May 6 -- India's service sector activity continued to expand sharply in April, as growth in sales and output was among the fastest in fourteen years, flash survey data from S&P Global showed on... Read More


Paramount Considers Sony-Apollo Offer After Skydance Bid Falls Off

India, May 6 -- Apollo Global Management (APO) and Sony Pictures Entertainment (SONY) have jointly submitted an all-cash takeover proposal worth $26 billion to Paramount Global (PARA), after the enter... Read More


Yen Reverses Against Majors

India, May 6 -- The Japanese yen reversed from early gains against other major currencies in the Asian session on Monday, although the Japanese stock market is closed for Children's Day holiday on the... Read More


Canadian Market Up Sharply, Looks Headed For Buoyant Close

India, May 6 -- The Canadian market is up firmly in positive territory Monday afternoon with stocks from several sectors posting strong gains thanks to sustained buying support amid rising hopes of in... Read More


Eutelsat Mulls Options For Ground Network

India, May 6 -- French satellite operator Eutelsat Group confirmed Monday, following recent press speculation, that it is analysing options for its ground network. The company may partner with extern... Read More


Gold Futures Settle Higher As Rate Cut Hopes Rise

India, May 6 -- Gold prices climbed higher on Monday as the dollar weakened and bond yields dropped amid rising prospects of an interest rate cut by the Federal Reserve in the third quarter. Last wee... Read More


European Economic News Preview: Eurozone Final PMI, Investor Confidence Due

India, May 6 -- Final composite Purchasing Managers' survey results, investor sentiment and producer prices from the euro area are the top economic news due on Monday. At 3.15 am ET, Spain's services... Read More


Hormel Foods Recalls Select Planters Peanuts, Mixed Nuts

India, May 6 -- Hormel Foods Sales, LLC, affiliated to food processing major Hormel Foods Corp., is recalling a limited number of two Planters nut products citing potential to be contaminated with Lis... Read More


European Stocks Close On Bright Note On Strong Data, Rate Cut Hopes

India, May 6 -- European stocks closed on a bright note on Monday, lifted by optimism about interest rate cuts by the Federal Reserve and the European Central Bank in the foreseeable future, and data ... Read More