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Crude Oil Skyrockets As Strait Of Hormuz Shutdown Continues

India, May 15 -- Extending gains from yesterday's session, crude oil prices have catapulted on Friday after the U.S.-China summit ended with no announcement on the likelihood of China liaising with Ir... Read More


Canadian Market Down Sharply As Materials Stocks Tumble

India, May 15 -- The Canadian market is down sharply in negative territory Friday afternoon, hurt by losses in materials, healthcare and consumer discretionary sectors. Shares from utilities and finan... Read More


Antipodean Currency's Slide Amid Risk-off Mood, U.S Dollar Rises

India, May 15 -- The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday as Asian stock markets traded lower,... Read More


Meridian Energy April Retail Sales Volumes Up 8.2% Year-on-year

India, May 15 -- Meridian Energy Limited (MEZ.AX) reported higher retail sales volumes, improved customer demand, and rising hydro storage supported by sizeable inflows in April. Meridian's retail sa... Read More


Exyn Technologies Prices $19.4 Mln IPO At $7.75/unit

India, May 15 -- Exyn Technologies, Inc. (EXYN), on Thursday announced the pricing of its initial public offering of 2.5 million units at $7.75 per unit, for gross proceeds of about $19.4 million. Th... Read More


Gold Plummets As U.S.-Iran Standoff, Closure Of Strait Of Hormuz Continue

India, May 15 -- Extending the losses from yesterday's session, gold prices have plunged on Friday as the Strait of Hormuz blockade is more likely to continue since the U.S.-China summit ended with no... Read More


LVMH To Sell Marc Jacobs Brand

India, May 15 -- LVMH Moet Hennessy Louis Vuitton SE (MOH.DE,LVMHF.PK,MC.PA), a major French luxury products company, has inked a deal with WHP Global, a brand manager, to sell Marc Jacobs brand. Wit... Read More


European Stocks Close On Weak Note As Inflation Concerns Weigh

India, May 15 -- European stocks closed sharply lower on Friday on renewed concerns about inflation as oil prices rose sharply amid Middle East tensions. A lack of positive outcome from the U.S.-China... Read More


European Shares Seen Lower As Inflation Concerns Mount

India, May 15 -- European stocks are seen opening lower on Friday as investors fret about rising inflation and the outlook for interest rates. ECB Governing Council member Martins Kazaks said in an in... Read More


Iron Dome Acquisition I Prices $150 Mln IPO At $10/unit

India, May 15 -- Iron Dome Acquisition I Corp. (IDACU), on Thursday announced the pricing of its initial public offering of 15 million units at $10 per unit, for gross proceeds of $150 million. The o... Read More