European natural-gas prices were at their highest level of the year, boosted by growing geopolitical risks and higher demand, with market concerns driven by Russia’s increased attacks against Ukrainian energy infrastructure.
Boohoo said Mahmud Kamani would move aside as chairman on the same day that Frasers called for his removal, the latest twist in a spat between the online fashion company and its majority shareholder.
The miner said its chief executive and two employees have been released from detention in Mali, ending a standoff that raised concerns about a resurgence in resource nationalism as gold prices hover near record highs.
The sneaker and fashion retailer trimmed its outlook after alerting of trading volatility due to higher promotional activity and mild weather in key markets.
The pharma company raised its guidance on revenue growth from its key treatments and expected drug launches, and now anticipates annual currency-adjusted sales to grow by 6% through 2028.
The private banking group reported an increase in assets under management as inflows of money from clients in key markets accelerated from the midyear point.
The insurer said it was targeting annual core earnings growth of more than 9% as part of its new three-year plan to 2027, after benefiting from a better-than-anticipated market.
The amended agreement also provides for other benefits and considerations related to delivery delays in 2024, Allegiant disclosed in a Securities and Exchange Commission filing.
Beyond said it has concerns regarding The Container Store’s ability to reach an agreement with lenders based on the financing proposals presented thus far.
Oil prices gained more than 1% in early European trade as growing concerns over escalating tensions between Russia and Ukraine offset an unexpected rise in U.S. crude stockpiles.
Copper and aluminum were flat as ANZ Research said there were signs of improving fundamentals in the base metals market, including a faster pace of growth in Chinese retail sales.
The Hang Seng closed down 0.5%, with tech companies leading the declines and as investors focused on earnings, with Baidu slated to report results later Thursday.
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