The composite PMI increased to 53.0 in August from 51.5 in July, surpassing economists’ expectations of 51.0. Sterling climbed to an intraday high of $1.3471 following the data release, up from ...

Investing.com - The Swiss franc demonstrated resilience despite recent tariff announcements, with the GBP/CHF pair now trading away from recent lows and settling in the middle of UBS’s expected range.

Investing.com - Bank of America (NYSE: BAC) expects the euro to strengthen against several major currencies through the remainder of 2025, citing a "lower bar for upside Europe/Germany surprises" ...

Looking ahead to 2026, UBS continues to expect both the Norwegian krone and Swedish krona to strengthen against the euro, citing domestic factors and the anticipated European economic recovery as key ...

Total orders increased by 5.5% YoY, while GMV (gross merchandise value) rose 4.5% to RMB6.5 billion (US$907.3 million). The company recorded a net cash inflow of RMB101.4 million from operating ...

Investing.com -- Tesla (NASDAQ: TSLA) has evacuated part of its plant in Germany following a fire that broke out in a building processing battery packs, according to a report by Handelsblatt newspaper ...

Investing.com -- Bernstein has raised its rating on Safran SA (EPA: SAF) to “outperform” from “market perform” and lifted its price target to €370 from €320, citing stronger-than-expected growth in ...

Investing.com -- ConvaTec Group Plc’s (LON: CTEC) rating has been upgraded to “outperform” from “sector perform” by RBC Capital Markets, with analysts setting a revised price target of 315p, down ...

Investing.com -- MINISO Group Holding Limited (NYSE: MNSO) shares gained 2.4% on Thursday after the global value retailer reported second-quarter earnings that significantly exceeded analyst ...

The HCOB France flash purchasing managers index (PMI) for the country’s dominant services sector, compiled by S&P Global, came in at 49.7 points in August, at its highest since August 2024 and close ...

The Swiss banking giant now expects USD/JPY to reach 142 by December 2025, up from its previous forecast of 140, according to a research note released this week. UBS also adjusted its March 2026 ...

Investing.com -- Korea Hydro & Nuclear Power’s chief executive will travel to Washington on Saturday to meet with Westinghouse executives, according to the Financial Times. The meeting will focus on ...