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Siemens raises growth target with digital drive

Siemens (SIEGn.DE) unveiled targets on Thursday to outpace the market by combining its core engineering business with digital expertise in the first strategic blueprint under new Chief Executive Roland Busch.

Asian shares tread water, markets eye U.S. inflation signals

Asian shares marked time on Thursday, with China nudging lower, while the U.S. dollar held below an 11-week high as investors reassessed U.S. Federal Reserve statements on inflation and looked to upcoming data for direction.

Rising inflation puts Bank of England on the spot

The Bank of England will say on Thursday whether it is worried about a recent jump in inflation, which broke above the central bank’s 2% target and looks set to climb higher as Britain reawakens its economy from its coronavirus slumber.

Tesla lifts Nasdaq to record-high close

The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc (TSLA.O), with investors cheering data that showed a record peak for U.S. factory activity in June.

Siemens raises growth target with digital drive

Siemens (SIEGn.DE) unveiled targets on Thursday to outpace the market by combining its core engineering business with digital expertise in the first strategic blueprint under new Chief Executive Roland Busch.

Asian shares tread water, markets eye U.S. inflation signals

Asian shares marked time on Thursday, with China nudging lower, while the U.S. dollar held below an 11-week high as investors reassessed U.S. Federal Reserve statements on inflation and looked to upcoming data for direction.

Rising inflation puts Bank of England on the spot

The Bank of England will say on Thursday whether it is worried about a recent jump in inflation, which broke above the central bank’s 2% target and looks set to climb higher as Britain reawakens its economy from its coronavirus slumber.

Tesla lifts Nasdaq to record-high close

The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc (TSLA.O), with investors cheering data that showed a record peak for U.S. factory activity in June.

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