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US Sanctions Chinese Refinery For Importing Iranian Oil

India, April 17 -- The United States has imposed sanctions on Shandong Shengxing Chemical Co., Ltd, a China-based independent "teapot" refinery, for purchasing more than a billion dollars' worth of Ir... Read More


Turkey Central Bank Unexpectedly Hikes Rate By 350 Bps

India, April 17 -- Turkey central bank raised its key interest rates unexpectedly on Thursday citing risks to the disinflation process. The Monetary Policy Committee, headed by Yasar Fatih Karahan, de... Read More


Forestar Group Trims FY25 Revenue Guidance; Stock Down In Pre-market - Update

India, April 17 -- (Adds Outlook, stock movement) On its outlook, Forestar Group Inc. (FOR) commented, "Affordability constraints and declining consumer confidence continue to impact the pace of new ... Read More


Portugal Producer Prices Fall 1.4%

India, April 17 -- Portugal's producer prices decreased for the third straight month in March, figures from Statistics Portugal showed on Thursday. The producer price index fell 1.4 percent year-on-y... Read More


Tariff Talks Fuel Market Optimism

India, April 17 -- Hopes of positive trade talks between the U.S. and its trade partners supported global market sentiment. Hawkish comments from Fed Chair Jerome Powell on Wednesday and anxiety ahead... Read More


D R Horton Revises Down Annual Revenue Outlook - Update

India, April 17 -- (Adds Outlook, stock movement) D.R. Horton, Inc. (DHI) has lowered its annual revenue outlook below analysts' forecast. The company now expects full-year revenue of $33.3 billion ... Read More


UK Lenders Expect Secured Lending Demand To Remain Unchanged: BoE Survey

India, April 17 -- UK lenders expect demand for secured lending to remain unchanged in the second quarter after rising in the first quarter, the Credit Conditions Survey from the Bank of England showe... Read More


Hooker Furnishings Turns To Q4 Loss, But Sales Rise

India, April 17 -- Hooker Furnishings Corporation (HOFT) Thursday reported net loss of $2.33 million, or $0.22 per share for the fourth quarter compared with net income of $593,000, or $0.06 per share... Read More


FTSE 100 Down 0.75% In Cautious Trade; Sainsbury (J) Rises On Strong Earnings

India, April 17 -- U.K. stocks are down in negative territory on Thursday, turning weak after four successive days of gains, as investors focus on corporate earnings updates and continue to monitor th... Read More


Sensex Soars 1,500 Points; Nifty Breaches 23,850

India, April 17 -- Indian shares rallied on Thursday as investors cheered news of progress in U.S-China trade talks and remained hopeful that both the Reserve Bank of India and the U.S. Federal Reserv... Read More