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German ZEW Economic Confidence Improves

India, May 12 -- German economic confidence unexpectedly improved in May as financial experts anticipate an end to the Iran war, survey results from the Mannheim-based Centre for European Economic Res... Read More


CAC 40 Down 0.6% As Middle East Tensions, Oil Prices Weigh

India, May 12 -- France's equity benchmark CAC 40 drifted lower on Tuesday as fading hopes for a U.S.-Iran peace deal and rising oil prices weighed on sentiment. U.S. President Donald Trump said the f... Read More


Indian Shares Extend Losses For Fourth Day

India, May 12 -- Indian shares fell for a fourth consecutive session on Tuesday as investors fretted about the oil price surge, a weakening rupee and continued foreign fund outflows. IT sector woes an... Read More


Swiss Producer And Import Prices Rise 0.8%

India, May 12 -- Switzerland's producer and import prices increased more-than-expected in April, the Federal Statistical Office reported Tuesday.The producer and import price index posted a monthly in... Read More


Australia Wage Price Data Due On Wednesday

India, May 12 -- Australia will on Wednesday release Q1 numbers for wage prices and home loans, highlighting a modest day for Asia-Pacific economic activity.Wages are expected to have risen 0.8 percen... Read More


United Flight Attendants Approve New Contract With 31% Pay Raise

India, May 12 -- Flight attendants at United Airlines Holdings, Inc. (UAL) have given the green light to a new five-year contract that promises an average pay increase of 31 percent by August, finally... Read More


Gold Prices Decline Amid Ongoing Gulf War Concerns

India, May 12 -- Gold dipped toward $4,700 an ounce on Tuesday as the U.S. dollar index climbed above 98.00 due to rising geopolitical tensions linked to the Iran conflict. Spot gold fell 0.7 percent... Read More


Oil Extends Rally As US-Iran Peace Deal Hopes Fade

India, May 12 -- Oil prices extended their surge on Tuesday amid fresh doubts over the U.S.-Iran ceasefire. Brent crude futures for July delivery were up more than 3 percent at $107.47 a barrel, exten... Read More


European Shares Decline As US-Iran Peace Deal Hopes Fade

India, May 12 -- European stocks traded lower on Tuesday as hopes for a U.S.-Iran peace deal diminished and data showed German inflation increased for the second consecutive month as a result of anoth... Read More


Italy Industrial Production Grows 1.5%

India, May 12 -- Italy's industrial production expanded for the second straight month in March, data from the statistical office ISTAT showed on Tuesday.Industrial production rose 1.5 percent year-on-... Read More