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Swedish fashion retailer H&M reported a smaller-than-expected profit for its second quarter on Thursday, citing weaker consumer demand and inflation aggravated by the Iran war.
The dollar fell on Wednesday against a basket of major currencies after the U.S. Federal Reserve raised interest rates by 75 basis points, as was widely anticipated, and comments from Fed Chair Jerome Powell spurred hopes for a slower hiking path.
Wall Street ended mixed on Friday, with inflation concerns looming at the end of a volatile week of trading.
The Chicago Cubs learned Saturday afternoon how fleeting momentum can be for teams on the outside looking in on the National League wild-card race.
The Milwaukee Brewers have yet to lose four games in a row this season, thanks to a solid win Saturday night against the visiting Colorado Rockies.
The London office of one of Canada's top banks Canadian Imperial Bank of Commerce (CIBC) has been accused of operating a hostile and degrading environment for women, according to a discrimination claim by a former executive at the firm.
Following a dramatic come-from-behind win Saturday, the Washington Nationals look for a series win Sunday when they play the rubber match of their three-game series against the host Cincinnati Reds.
The chairman of defaulted Chinese developer Kaisa Group returned to mainland China from Hong Kong for the first time in almost a decade to get regulatory approval for an offshore debt restructuring, two sources familiar with the matter said.
The U.S. Securities and Exchange Commission's approval of capital raisings through direct listings will be seized on by some startups, yet most companies will still opt for initial public offerings (IPOs), capital market insiders say.
In a crowded Wuhan beer hall, Zhang Qiong wipes birthday cake from her face after a food fight with her friends.
The Houston Rockets were on the verge of completing a stunning rally from a 19-point deficit against the Orlando Magic on Thursday but needed one final push to get over the hump.
Americans Alysa Liu and Amber Glenn left the short programme at the Milano Cortina Olympics on sharply different trajectories - Liu skating into medal position with calm assurance, while Glenn was reduced to tears following a mistake that dropped her down the standings.
The dollar hit a four-month high against the euro on Monday, reversing a recent fall after strong labour market data encouraged investors to bring forward their bets on the Federal Reserve reducing its pandemic-era stimulus.
Rafael Devers hit another home run off Gerrit Cole, Kenley Jansen worked out of a jam in the ninth inning and the visiting Boston Red Sox hung on for a 3-2 victory over the New York Yankees Friday night in the first meeting of the season between the longtime rivals.
Aaron Judge, Cody Bellinger and Giancarlo Stanton hammered consecutive homers in the first inning as the New York Yankees powered past the host Tampa Bay Rays 13-3 by belting a franchise-record-tying nine home runs on Tuesday.
Chinese companies, from chip makers to cloud service providers, are rushing to support DeepSeek's artificial intelligence models, spurring analysts to hail a "watershed moment" for the industry.
Pop superstar Taylor Swift is no distraction to the upcoming Super Bowl -- she's an enhancement, excited fans in Las Vegas told Reuters on Wednesday.
New Zealand try-scoring machine Will Jordan said he would happily sacrifice the chance to set a new Rugby World Cup record if it meant victory in next Saturday’s final at the Stade de France.
Investors have been buying options on eurodollar futures and interest rate swaps to bet on higher rates and falling U.S. Treasury debt prices if lawmakers pass more fiscal stimulus after next month’s presidential election, if not before.
Creighton will aim to build on Wednesday's shocking upset of No. 1 Kansas, taking on a visiting UNLV team hoping to avoid its third straight loss on Saturday in Omaha.