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Japan Household Spending Data Due On Tuesday

India, May 11 -- Japan will on Tuesday release March figures for household spending, highlighting a light day for Asia-Pacific economic activity. Spending is expected to rise 0.6 percent on month and ... Read More


Gold Tumbles On Inflation Fears

India, May 11 -- Gold prices were sharply lower on Monday while the dollar index advanced as a lack of progress in the U.S.-Iran peace talks sent oil prices soaring and revived inflation fears. Spot ... Read More


STERIS Q4 Profit Jumps As Revenue Increases

India, May 11 -- Medical equipment and sterilization company STERIS plc (STE) on Monday reported higher fourth-quarter profit, driven by an increase in revenues. Net income attributable to shareholde... Read More


Dollar Slipped Further Last Week Despite Strong Jobs Data

India, May 11 -- The U.S. dollar extended losses against major currencies during the week ended May 8 despite data from the U.S. that showed a resilient job market. Fading safe haven demand dragged do... Read More


Oil Prices Climb Amid Failed US-Iran Peace Talks

India, May 11 -- Oil prices ticked higher on Monday after the United States and Iran failed to agree on a pace deal, keeping the Strait of Hormuz largely closed and raising doubts about the durability... Read More


Frontier Airlines Flight Strikes Pedestrian During Takeoff At Denver

India, May 11 -- A Frontier Airlines plane was evacuated on the runway at Denver International Airport after it hit and killed a pedestrian during takeoff late Friday night. This prompted a response ... Read More


China Inflation Accelerates; Factory Gate Inflation At 45-Month High

India, May 11 -- China's inflation unexpectedly accelerated and factory gate inflation hit a 45-month high in April as the war in the Middle East pushed up energy prices, official data showed Monday. ... Read More


GM Is Cutting Up To 600 IT Jobs During A Workforce Restructuring

India, May 11 -- General Motors Company (GM) is letting go of around 500 to 600 salaried staff in its IT department as the carmaker reshapes its workforce to save on costs. The layoffs started Monday... Read More


European Shares Mixed As US-Iran Peace Efforts Fail

India, May 11 -- European stocks were broadly lower on Monday amid failed peace efforts in the U.S.-Iran conflict. After U.S. President Donald Trump rejected Iran's latest proposal to end the months-... Read More


GoPro Q1 Loss Widens As Revenue Drops 26% On Weak Camera Sales

India, May 11 -- Action camera maker GoPro Inc. (GPRO) on Monday reported a wider first-quarter loss, as weaker camera demand hurt revenues and margins. Net loss widened to $80.82 million, or $0.50 l... Read More