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Barclays To Cut 5,000 Jobs, Sees £1.1 Bln Savings After Higher Q3, Positive Outlook - Update

India, Oct. 22 -- British lender Barclays PLC (BCS,BARC.L) announced Thursday its plan to cut around 5,000 full-time employees as part of its cost efficiency savings plan, amid AI boom. The firm expec... Read More


U.S. Jobless Claims Unexpectedly Drop To Three-Month Low

India, Oct. 22 -- First-time claims for U.S. unemployment benefits unexpectedly declined in the week ended October 17th, according to a report released by the Labor Department on Thursday. The report... Read More


Lower Open Predicted For Hong Kong Stock Market

India, Oct. 22 -- The Hong Kong stock market has finished lower in three straight sessions, retreating more than 1,450 points or 4.3 percent along the way. The Hang Seng now sits just above the 22,930... Read More


Bay Street Headed For Weak Start

India, Oct. 22 -- Lower Canadian and U.S. index futures and weak precious metals prices are likely to weigh on Canadian stocks Thursday morning. Additionally, the sharp rise in oil prices has fueled i... Read More


Slovenian Consumer Confidence Weakens In October

India, Oct. 22 -- Consumers in Slovenia remained more pessimistic in October, and the confidence weakened to the lowest level in five months, figures from the Statistical Office of the Republic of Slo... Read More


FTSE 100 Trades Lower

India, Oct. 22 -- The FTSE 100 benchmark of the London Stock Exchange declined on Thursday amidst negative sentiment generated by disappointing earnings updates. Sentiment towards mining stocks was im... Read More


Negative Reaction To Tesla, Meta Earnings May Lead To Pullback On Wall Street

India, Oct. 22 -- The major U.S. index futures are currently pointing to a sharply lower open on Thursday, with stocks likely to give back ground after trending higher over the past few sessions. Tra... Read More


U.S. Stocks May Move Back To The Downside On Negative Reaction To Tesla, Meta Earnings

India, Oct. 22 -- Following the upward move seen over the past few sessions, stocks are likely to give back ground in early trading on Thursday. The major index futures are currently pointing to a low... Read More


American Airlines Shares Hit On Wider Q3 Loss, Cautious Outlook On Fuel Costs, Despite Strong Demand

India, Oct. 22 -- Shares of American Airlines Group Inc. were losing around 4 percent in pre-market activity on the Nasdaq, after the airline reported Thursday wider net loss in its third quarter, iss... Read More


U.S. Weekly Jobless Claims Unexpectedly Dip To 194,000

India, Oct. 22 -- First-time claims for U.S. unemployment benefits unexpectedly declined in the week ended October 17th, according to a report released by the Labor Department on Thursday. The report... Read More