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Oil Extends Losses As Nuclear Talks Continue

India, May 22 -- Oil extended losses for a third straight session on Thursday as a surprise inventory build rekindled worries about an oversupplied market and investors eyed renewed Iran-U.S. nuclear ... Read More


Intuit Raises FY25 Guidance - Update

India, May 22 -- While reporting its third-quarter results on Thursday, Intuit Inc. (INTU) raised its guidance for the full fiscal year 2025. The company now expects revenues of $18.723 billion to $1... Read More


European Shares Drift Lower With US Debt Concerns, PMI Data In Focus

India, May 22 -- European stocks traded lower on Thursday as investors reacted to a U.S. Treasury sell-off, mixed regional data and some disappointing earnings. 30-year U.S. Treasury yields topped 5.... Read More


Indian Rupee Falls To Near 1-1/2-month Low Against U.S. Dollar

India, May 22 -- The Indian rupee weakened against the U.S. dollar in the European session on Thursday. Asian equities dropped following Wall Street, as investors were worried about the U.S. governme... Read More


Nike To Raise U.S. Prices Amid Tariff Pressures And Weak Consumer Demand

India, May 22 -- Nike will raise prices on select footwear, apparel, and equipment in the U.S. starting June 1, as it responds to rising costs and a challenging retail environment. While the company ... Read More


Asian Shares Follow Wall Street Lower As Treasury Yields Spike

India, May 22 -- Asian stocks followed Wall Street lower on Thursday after longer-dated U.S. Treasury yields hit their highest levels in 18 months on concerns that a new budget proposal could swell th... Read More


Jony Ive Joins OpenAI In $6.5 Bln Bid To Reinvent Computing

India, May 22 -- OpenAI has struck a landmark deal to acquire Sir Jony Ive's startup io for $6.5 billion, enlisting the British design luminary to spearhead its next-generation hardware ambitions. The... Read More


Canada's S&P/TSX Composite Index Closes Slightly Higher

India, May 22 -- Following the pullback seen in the previous session, treasuries moved back to the upside during trading on Thursday before giving back ground going into the close. The benchmark S&P/... Read More


U.S. Stocks Give Back Ground To Close Roughly Flat

India, May 22 -- Stocks moved mostly higher over the course of the trading day on the Thursday but gave back ground in the latter part of the session to close roughly flat. The major averages pulled b... Read More


French Manufacturing Sentiment Weakens In May

India, May 22 -- France's manufacturing confidence weakened in May on deteriorating global orders and personal production expectations, survey data from the statistical office INSEE showed on Thursday... Read More