06 November – 10 November
Michael Kors handily beat earnings estimates in its fiscal second quarter despite a drop in like for like sales, posting better-than-expected results as the retailer prepares for the all-important holiday shopping season.
Growth in its pharmacy business helped CVS Health deliver better-than-expected sales during the third quarter even as higher generic drug dispensing rates kept a lid on profit margins.
Eurozone producer prices again accelerated more than expected in September as energy costs pushed up input prices.
US equities indices are set to open little changed on Monday morning, amid a flurry of news including a proposed tech mega-deal, a purge in Saudi Arabia and Donald Trump’s closely watched visit to Asia.
Walt Disney has held talks with Rupert Murdoch’s 21st Century Fox about buying most of the company, including its stake in UK-based Sky, people briefed on the talks said, in a potentially controversial deal that would reshape the media landscape.
In the movie Brewster’s Millions, the hero can collect his inheritance only if he spends a huge sum of money by a fixed date. Has the Bank of Japan talked itself into the same comedy script with exchange traded funds?
Eurozone policymakers will pay increasing attention to the bloc’s debt levels as part of its attempts to shore up the public finances of member states during a strong economic recovery.
The energy sector helped power US equities to new record highs on Monday, as geopolitical concerns failed to dampen sentiment at the outset of the trading week already packed with juicy deal news.
Sales at Ubisoft soared 85.8 per cent year-on-year in the three months to the end of September as strong performance by its new releases helped the French video games maker beat its own targets set in July.
Paramount Pictures’ $1bn three-year film financing deal with Huahua Media has been scrapped following China’s moves to curb capital flight, the Viacom-owned Hollywood studio said on Tuesday.
The eurozone’s largest and most powerful economy is in danger of overheating, Germany’s influential Council of Economic Experts has warned, calling on the country’s next government to pursue reforms to ensure that the boom does not end in disaster.
Bonds sold by some of the country’s largest technology, media and telecommunications companies have come under pressure this month, buffeted by sparring in US Congress over tax reform and as investors face a spate of multibillion-dollar new debt sales.
AstraZeneca said its profits are unlikely to fall as far as previously feared this year, after the decline in sales of its older drugs slowed in the third quarter.
Chinese companies edged higher in Hong Kong on Thursday, buoyed by a strong performance from insurance companies.
Demand for gold slumped to an eight-year low in the third quarter as the prospect of higher US interest rates and tighter monetary policy resulted in less buying from institutional investors.
Oil major Total has bought the upstream liquified natural gas assets of state-backed French energy utility for $1.5bn, pushing itself into second place in the sector globally.
Technology stocks in Taiwan fell on Friday as investors moved to take profits from several sector heavyweights.
A flurry of earnings results revealed diverging fortunes of US department stores as they tried to clear inventory ahead of the critical holiday shopping season.
Inflation in Brazil picked up in October with the largest monthly increase in prices in more than a year, but the annual rate remained well below the central bank’s target range.
Tokyo’s Topix equities index dropped as much as 1.2 per cent on Friday as the index fell further below a 25-year high touched a day earlier.