Category: Stock News

PepsiCo Inc. has ended the production of its fizzy drinks in Russia, nearly six months after the US food and beverage giant announced plans to put its business in the country on hold following the

Stocks weakened in Asian markets on Monday, while the US dollar strengthened as investors anticipate global central bank meetings that are expected to result in higher borrowing costs worldwide, with the prospect of a significant

Shares of FedEx Corp. declined in extended trading on Friday after the US package delivery giant withdrew its full-year earnings forecast and warned of lower-than-expected results for the first quarter. FedEx stock fell 19.1% in

Shares of Hennes & Mauritz (H&M) AB edged lower on Thursday, as the Swedish clothing company lost momentum in its sales in the three months through August 31. H&M’s stock was down by 1.6% and

Asian stocks declined sharply on Wednesday, following a weak session on Wall Street, as investors’ optimism weakened after the US inflation read more than expected in August, signaling continued aggressive increases in the Federal Reserve’s

Shares of Australian private hospital operator Ramsay Health Care Ltd. declined on Tuesday after a consortium headed by US private equity firm KKR & Co. Inc. chose not to raise its $14.5 billion cash-and-stock takeover

Stocks in Asia-Pacific markets edged higher on Monday, with the tech sector being the biggest gainer, as investors awaited additional signs of possible easing in US inflation. Taiwan’s tech-heavy weighted index was the top performer,

European stocks rose on Friday as investors took in the European Central Bank’s (ECB) significant rate hike decision ahead of the bloc’s important meeting regarding the energy crisis in the region. Germany’s DAX index gained