Mobileye Global Q3 Loss Widens

Mobileye Global Inc. (MBLY) reported Wednesday that net loss for the third quarter widened to $45 million or $0.06 per share from $26 million or $0.03 per share in the prior-year quarter.

Brown-Forman Boosts FY23 Organic Net Sales Growth Outlook - Update

While reporting financial results for the second quarter on Wednesday, beverage alcohol maker Brown-Forman Corp. (BFA, BFB) said it now anticipates organic net sales growth in the high-single digit range for fiscal 2023

U.S. Labor Productivity Climbs More Than Previously Estimated In Q3

Revised data released by the Labor Department on Wednesday showed U.S. labor productivity increased by much more than initially estimated in the third quarter.

Canadian Dollar Weakens As Recession Worries Weigh

The Canadian dollar declined against its major counterparts in European deals on Wednesday, as investors fear that continued monetary tightening in the U.S. could derail the economic growth.

U.S. Q3 Labor Productivity Growth Upwardly Revised To 0.8%

Revised data released by the Labor Department on Wednesday showed U.S. labor productivity increased by much more than initially estimated in the third quarter. The Labor Department said labor productivity climbed by 0.8

Bank Of Canada Raises Interest Rates By Another 50 Basis Points

The Bank of Canada on Wednesday announced its widely expected decision to raise interest rates by another half a percentage point, saying inflation remains "too high." The Canadian central bank increased its target for

Canadian Market Retreats After Recovering From Weak Start

After a weak start and a subsequent recovery into positive territory Wednesday morning, the Canadian market retreated again and is marginally down in late morning trades.

European Stocks Close Lower Again On Rate Jitters, Recession Worries

European stocks closed lower on Wednesday, extending recent losses, as concerns that the Federal Reserve will continue with its aggressive rate hikes hurt sentiment.

Swiss Market Ends On Weak Note Again

The Switzerland market opened on a negative note on Wednesday and stayed weak right through the day's session with stocks moving in a tight range.

Asian Markets Mostly Lower, Mirrors Global Markets

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, as traders remain concerned about the outlook for interest rates and about how much further