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Indian shares may struggle for direction at open on Friday as hot U.S. labor market data lifted the dollar and yields. Stock-specific action may be seen in the wake of mixed global cues and ahead of earnings results from top IT companies due next week. Benchmark indexes Sensex and Nifty fell modestl

European stocks closed sharply higher on Tuesday, extending gains to a third straight session, with investors focusing on earnings updates and looking ahead to the European Central Bank's monetary policy announcement, due later in the week. Stocks turned in a somewhat sluggish performance earlier in

New York (CNN Business)Leading oil company CEOs declined on Wednesday to endorse a call from Democrats to reduce dividends and share buybacks and plow the money into ramping up production instead. During a hearing, Rep. Frank Pallone, a New Jersey Democrat, asked the top executives from ExxonMobil (

USDINR 78.01 ▲ 0.04%. EUR/USD 1.0530 ▲ 0.20%. GBP/USD 1.2278 ▲ 0.23%. India 10-Year Bond Yield 7.477 ▲ 0.66%. US 10-Year Bond Yield 3.282 ▲1.34%. ADXY 102.87 ▲ 0.10%. Brent Oil 115.22 ▲ 0.96%. Gold 1,842.15 ▲ 0.08%. NIFTY 50 15,435.50 ▲ 0.56%. Global developments German producer prices rose 33.6% in

European stocks closed on a buoyant note on Wednesday as easing concerns about inflation triggered hectic buying at several counters from across various sectors. A measure of French inflation unexpectedly slowed in December and the euro area's final composite PMI saw a slight upward revision versus

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.London (CNN Business)Robinhood got off to a rocky start when it made its Wall Street debut

Review and preview Investors are trying to assess how officials will balance the need to tame inflation with concerns over a potential recession. U.S. consumer inflation accelerated to 9.1% in June, a pace not seen in more than four decades, boosting expectations among traders that the Federal Reser

New York (CNN)Recession fears are slamming the oil market, with crude tumbling on Friday below $80 a barrel for the first time since January. The good news is the selloff should drive prices at the gas pump down, easing crushing inflation that has been harming consumers. The bad news is the sharp dr

New York (CNN Business)The bourbon boom is showing no signs of ending anytime soon: Wall Street is still wild about whiskey. Jack Daniel's owner Brown-Forman reported quarterly results Wednesday morning that easily topped analysts' forecasts. Sales were up 11%, to $1 billion, surpassing estimates of

Russia’s invasion of Ukraine will shave around one percentage point off of global economic growth this year, reveals Organisation for Economic Cooperation and Development (OECD) said in a recently published report. Disruption to flows of Russian and Ukrainian commodities as a result of the conflict

(CNN Business)When she first started to shed some weight, Yvonne DeBurgo quipped that she could afford to lose it. But over the past three months, the 77-year-old widow from the southern English county of Oxfordshire has lost nearly 25 pounds, a result of eating just one cooked meal a day -- with ju

(CNN)At least eight prominent Russian businessmen have reportedly died by suicide or in as yet unexplained accidents since late January, with six of them associated with Russia's two largest energy companies. Four of those six were linked to the Russian state-owned energy giant Gazprom or one of its

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, etc. BUT first, to start off your day with a bang, here's a recap of the important news we think you should r