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(RTTNews) - European stocks traded mixed on Wednesday as traders weighed hawkish comments from a slew of Federal Reserve officials and waited to see whether Chinese officials will unveil more effective measures to sustain a nascent market recovery.
Unionised electrical workers will go on strike at Finnish nuclear and hydroelectric power plants on Feb. 14-16 to protest against the right-wing government's planned labour reforms, the electrical workers' union said in a statement on Wednesday.
Abu Dhabi Investment Authority (ADIA), the largest sovereign wealth fund in the United Arab Emirates (UAE), is setting up a $4-5 billion fund to invest in India through a tax-neutral finance hub in Prime Minister Narendra Modi's home state of Gujarat, according to two sources with direct knowledge of the matter.
Azerbaijan's President Ilham Aliyev is almost certain be re-elected on Wednesday in a vote he called early after the recapture of the breakaway region of Nagorno-Karabakh from Armenia and a crackdown on the media.
Retail sales in the Czech Republic fell sharply in 2023 amid high inflation, the statistics office said on Wednesday, although signs of recovery among consumers at the end of the year boosted chances of an economic revival in 2024.
The dollar fell on Wednesday, further retreating from a nearly three-month high against the euro hit a day earlier, with a decline in U.S. bond yields adding to the pressure.
Philippine conglomerate DMCI Holdings Inc is in talks to acquire a unit of Mexican cement giant Cemex, three sources familiar with the matter said on Wednesday.
Australia's red meat exports rocketed last year as a plunge in livestock prices made its products more competitive at a time when beef production in rival exporter the United States is falling.
The butchers in the Xinfadi wholesale food market, Beijing's largest, slouch on stools behind counters stacked with meat, occasionally looking up from their smartphone videos to call out to the few shoppers idly passing under the market's Lunar New Year decorations.
March ICE NY cocoa (CCH24 ) on Tuesday closed +31 (+0.60%), and Mar ICE London cocoa #7 (CAH24 ) closed +59 (+1.41%). Cocoa prices on Tuesday posted moderate gains, with NY cocoa climbing a new 46-year nearest-futures high and London cocoa climbing to a record high. Cocoa prices are surging...
(RTTNews) - Indian shares traded higher on Wednesday as investors weighed comments from Federal Reserve officials and a string of market stabilizing efforts by Beijing.
Oil edged higher for a third straight day on Wednesday after industry data showed U.S. oil stocks grew less than expected and the U.S. sharply cut its forecast for the country's oil output growth, easing concerns about potential oversupply.
Toyota Motor shares hit a record high on Wednesday after its earnings upgrade the prior day, with rivals Honda and Nissan also posting gains on expectations their solid hybrid lineups may benefit from cooling interest in electric vehicles.
China's largest chipmaker SMIC said the global semiconductor industry was seeing some bright spots after a year-long slump, but growth would be mild as the demand recovery was insufficient to support a "strong and comprehensive" rebound.
The defence ministers of South Korea and Qatar have agreed to expand joint military training and strengthen bilateral cooperation, Seoul's defence ministry said on Wednesday, amid a push by Seoul to boost global arms sales.
Metals prices flitted within a narrow range on Wednesday as traders gauged the lack of fresh market-moving catalysts and lacklustre trading ahead of a long public holiday in top consumer China.