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Oil Headed For Weekly Loss On Optimism Over US-Iran Peace Talks

India, May 22 -- Oil prices traded higher on Friday but headed for a weekly loss amid renewed optimism about U.S.-Iran talks. However, both the sides are still at odds over Tehran's uranium stockpile ... Read More


French Court Rules Air France And Airbus Guilty In 2009 Plane Crash; Companies To Appeal

India, May 22 -- A French court has found that Air France and Airbus are guilty of involuntary manslaughter in a 2009 plane crash in the Atlantic Ocean that killed 228 people on board. The Paris Cour... Read More


European Shares Hover Near Two-week Highs On US-Iran Deal Optimism

India, May 22 -- European stocks rose to reach a two-week high on Friday amid renewed optimism about signs of progress in U.S.-Iran peace talks. Despite some good signs in the talks, both sides are st... Read More


Asian Shares Extend Gains On U.S.-Iran Deal Hopes

India, May 22 -- Asian stocks ended higher on Friday, extending gains from the previous session on rising hopes for a diplomatic resolution to the Middle East conflict.With Iran reviewing the latest p... Read More


Taiwan Jobless Rate Falls Slightly In April

India, May 22 -- The unemployment rate in Taiwan decreased marginally in April, the Directorate General of Budget Accounting and Statistics reported Friday.The seasonally adjusted unemployment rate ca... Read More


German GfK Consumer Confidence Set To Improve In June

India, May 22 -- German consumer sentiment is set to improve in June driven by rising income expectations and willingness to buy but the war in the Middle East continues to cloud the outlook, latest r... Read More


U.S. Dollar Eases Against Majors

India, May 22 -- The U.S. dollar eased against its major counterparts in the New York session on Thursday. The greenback eased to 1.1630 against the euro and 158.82 against the yen, from an early 1-1... Read More


Quantum Computing Stocks Rally After U.S. Announces $2 Billion Funding Plan

India, May 22 -- Shares of quantum computing companies surged Thursday and extended gains in after-hours trading after the U.S. government said it would provide about $2 billion in federal incentives ... Read More


German Economy Expands 0.3%

India, May 22 -- The German economy expanded at a slightly faster pace in the first quarter, as previously estimated, detailed data from Destatis showed Friday.Gross domestic product grew 0.3 percent ... Read More


Richemont FY26 Net Profit Climbs, Profit From Cont. Opns Down; Lifts Dividend

India, May 22 -- Compagnie Financiere Richemont AG (CFRUY,CFRHF), a Swiss luxury goods company, reported Friday higher net profit in fiscal 2026, while profit from continuing operations declined from ... Read More