FTSE 100 Slips On Recession Worries

U.K. stocks were moving lower on Monday, with recession worries and fears of aggressive interest rate hikes by central banks weighing on sentiment.

European Shares Retreat As Recession Worries Mount

European stocks tumbled on Monday, with fears of aggressive monetary tightening and concerns over Europe's energy crisis keeping investors nervous.

Sensex, Nifty Succumb To Global Selloff

Indian shares fell sharply on Monday and the rupee slumped to a near four-week low, as concerns over Europe's energy crisis coupled with hawkish comments from central bank officials on the pace of future rate rises

Foot Locker Appoints Mary Dillon To Succeed Richard Johnson As President And CEO

Specialty athletic retailer Foot Locker, Inc. (FL) announced Friday that, as part of a planned succession process, Richard Johnson will retire as President and Chief Executive Officer, effective September 1, 2022.

Indian Rupee Falls To More Than 3-week Low Against U.S. Dollar

The Indian rupee dropped against the U.S. dollar in the evening deals on Friday, as hawkish comments from the Federal Reserve officials underpinned the latter.

Acorda Therapeutics COO Lauren Sabella To Resign

Biotechnology company Acorda Therapeutics, Inc. (ACOR) announced Friday that Lauren Sabella, Chief Operating Officer, will resign from the Company effective September 30, 2022. She will be working in a strategic advisory

Bay Street Seen Opening On Weak Note

Weak commodity prices and worries about inflation and interest rate hikes are likely to weigh on Canadian shares Friday morning.

Foot Locker, Buckle Report Q2 Net Profit Declines

Specialty athletic retailer Foot Locker, Inc. reported Friday a second-quarter net profit that plunged from last year, hurt by a sales decline amid markdowns. Quarterly sales met Street estimates. The company also

Fed Rate Hike Bets Lift U.S. Dollar

The U.S. dollar appreciated against its major counterparts in the New York session on Friday, in response to comments from several Federal Reserve officials affirming the need for more policy tightening to battle high

Canadian Market Down Firmly In Negative Territory At Noon

The Canadian market is down firmly in negative territory around noon on Friday, weighed down by losses in technology, healthcare and materials sections.