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Estee Lauder Q3 Profit Drops, Lifts FY26 Adj. EPS View; Now To Cut Up To 10,000 Jobs; Stock Climbs

India, May 1 -- Estee Lauder Companies Inc. (EL), while reporting lower profit in its third quarter despite revenue growth, on Friday revised fiscal 2026 expectation while remaining cautious amid ongo... Read More


UK Manufacturing Activity Growth Near 4-Year High

India, May 1 -- The UK manufacturing activity growth reached a near four-year high in April, driven by improvements in production, orders and employment, survey data from S&P Global showed Friday. Th... Read More


FTSE 100 Moderately Lower As Bank, Mining Stocks Shed Ground

India, May 1 -- The UK stock market's benchmark index FTSE 100 fell on Friday, weighed down by losses in financial and mining sectors. Worries about the impact of the ongoing conflict in the Middle Ea... Read More


U.S. Dollar Advances As Strait Of Hormuz Remains Closed While Iran Offers A New Peace Plan

India, May 1 -- The U.S. Dollar value ticked higher with the Strait of Hormuz continuing to remain closed keeping inflationary concerns alive as reports of Iran sending a fresh peace proposal to the U... Read More


Trulieve Submits DEA Applications After Marijuana Reclassification To Schedule III

India, May 1 -- Trulieve Cannabis Corp. (TCNNF) has officially filed applications with the Drug Enforcement Administration to register certain state-sanctioned medical marijuana operations using a new... Read More


Trump Offers Final Bailout Proposal As Spirit Airlines Faces Possible Liquidation

India, May 1 -- Donald Trump recently announced that his administration has put forward a final bailout proposal for Spirit Airlines Inc. (SAVE), which is at risk of going out of business without imme... Read More


Canadian Stocks Slip As Iran Submits Fresh Peace Proposal Amid Strait Of Hormuz Closure

India, May 1 -- Canadian stocks ticked lower on Friday amid the ongoing Strait of Hormuz blockade, while reports indicating that Iran has sent a fresh peace proposal to the U.S. to end the gulf war li... Read More


UK House Price Growth Rises Despite Middle East Uncertainty

India, May 1 -- UK house prices logged a faster growth in April despite geopolitical tensions in the Middle East and rising energy prices, data published by Nationwide Building Society showed Friday. ... Read More


Treasuries Move Modestly Higher, Extending Yesterday's Rebound

India, May 1 -- Treasuries saw modest strength during trading on Friday, extending the rebound seen over the course of the previous session. Bond prices gave back ground after an early advance but re... Read More


Crude Oil Plunges Amid Possibility Of A De-escalation In U.S.-Iran Tensions

India, May 1 -- Crude oil prices have plunged on Friday as the prospects of an end to hostilities in the gulf appear brighter even as the Strait of Hormuz remains closed, continuing to disrupt crude o... Read More