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Urban Outfitters shares jumped Wednesday morning after the company reported third-quarter results better than analysts had expected, thanks to rising sales across its non-Urban Outfitters brands.

French borrowing costs have soared and the country’s stock market has slumped, as investors take fright at political chaos and mounting debts.

SINGAPORE/LONDON (Reuters) -Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect Donald Trump imposes 25% import tariffs on crude imports from the two countries, traders and analysts said. Two sources familiar with Trump's plan told Reuters that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico, despite the U.S. oil industry's warnings that the policy could hurt consumers, industry and national security. Canada and Mexico are the top two petroleum exporters to the United States, contributing 52% and 11% of its gross imports, respectively, data from the U.S. Energy Information Administration showed.

News of the day for Nov. 27, 2024

The main US stock measures were pointing lower in Wednesday's premarket activity as traders await th

Short-term holders have sent almost $8 billion worth of bitcoin to exchanges at a loss over the past two days. The volatility in recent bitcoin price action has seen wild record swings in profit-taking to panic selling.

Cheche Group (CCG) has released an update. Cheche Group, a prominent auto insurance technology platform in China, reported a significant turnaround in its financial results for the third quarter of 2024, achieving a net income of RMB4.1 million compared to a net loss in the prior year. The company witnessed a notable increase in total written premiums and policy issuance, driven by strategic partnerships with new energy vehicle companies, which fueled its revenue growth. Additionally, Cheche’s s