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(Bloomberg) -- European stocks advanced for a fifth consecutive session as German shares hit a fresh record. Investors were watching the no-confidence vote taking place in France. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe Stoxx Europe 600 Index rose 0.4% by the close, with retail stocks leading the gains. Spanish retailer Inditex SA jumped to a record high ahead of earnings and Zalando S

Keith Cleason immediately takes over the packaging and specialty plastics unit, following Karen Carter’s promotion to chief operating officer.

General Motors (GM) said Wednesday that it expects a more than $5 billion profit hit amid competitiv

NEW YORK (Reuters) -BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth more broadly, although rising U.S. government debt levels could threaten its upbeat 2025 forecasts. Innovations in AI technology will likely benefit U.S. stocks more than their European peers, while private markets will increasingly play a key role in financing AI-related infrastructure, the BlackRock Investment Institute, a research arm of the world's largest asset manager, said on Wednesday. "We stay risk-on ... and go further overweight U.S. stocks as the AI theme broadens out," it said in a 2025 outlook report based on views of senior portfolio managers and investment executives at BlackRock, which manages $11.5 trillion in assets.

XRP is on a record-breaking rally, cementing its spot as the third-largest cryptocurrency by market capitalization.

China's export restrictions on antimony, a critical mineral for ammunition production, have created supply shortages and concerns about Western military readiness.

XPO and Old Dominion reported tonnage declines in November, but both appear to be anticipating a market recovery. The post XPO, Old Dominion waiting for market turn appeared first on FreightWaves.