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Ten-Year Yield Skyrockets To Highest Closing Level In Almost A Year

India, May 15 -- Following the moderate rebound seen in the previous session, treasuries showed a substantial move back to the downside during trading on Friday.Bond prices plummeted early in the sess... Read More


Starbucks Cutting 300 Corporate Jobs In The U.S. As Turnaround Efforts Progress

India, May 15 -- Starbucks Corp. (SBUX) has announced it will be cutting 300 corporate jobs in the U.S. and shutting down some regional support offices. This move is part of CEO Brian Niccol's ongoing... Read More


Japan Machine Tool Orders Surge 45.1% In April

India, May 15 -- Japan's machine tool orders expanded at an accelerated pace in April amid both strong domestic and foreign demand, preliminary data from the Japan Machine Tool Builders Association, o... Read More


Centrica Unit British Gas To Pay £20 Mln To Settle Ofgem Probe

India, May 15 -- Centrica plc (CNA.L) on Friday said its unit British Gas Trading Limited has agreed to pay £20 million into the UK energy regulator Ofgem's Voluntary Redress Fund following an in... Read More


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