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Economic News

Dow Futures

Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings

2023-02-07
By: Administrator_India
On: February 7, 2023
In: Economic News
With: 0 Comments

U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages finished the regular session lower as rising yields put pressure on risk-sensitive assets ahead of key speeches set to be delivered by Federal Reserve officials later in Tuesday’s session. By 18:30 ET (23:30Read More →

Taiwan Exports

Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll

2023-02-06
By: Administrator_India
On: February 6, 2023
In: Economic News
With: 0 Comments

Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and the COVID situation in China impacting tech demand, according to a Reuters poll. Taiwan, a global hub for chip production and a keyRead More →

China Hotel

China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey

2023-02-03
By: Administrator_India
On: February 3, 2023
In: Economic News
With: 0 Comments

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing’s zero-COVID protocols, with a survey by a leading recruiter showing a surge in job openings in the hospitality industry. During the first six days of work after China’s Lunar New YearRead More →

Dow Futures

Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%

2023-02-03
By: Administrator_India
On: February 3, 2023
In: Economic News
With: 0 Comments

U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark averages finished mixed as investors grew cautious after a slew of mixed earnings reports. By 6:35pm ET (11:40pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.6% and Nasdaq 100 Futures were down 1.2%.Read More →

META

Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

2023-02-02
By: Administrator_India
On: February 2, 2023
In: Economic News
With: 0 Comments

Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” The parent of Instagram and Facebook (NASDAQ:META), which has fallen on hard times amid a broad post-pandemic slump in digitalRead More →

ECB

ECB To Raise Rates Again And Face Questions About Future PathV

2023-02-02
By: Administrator_India
On: February 2, 2023
In: Economic News
With: 0 Comments

The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be. The ECB has been increasing rates at a record pace to fight a sudden bout ofRead More →

Vodafone interim

Vodafone Interim CEO Vows to ‘Do Better’ After Q3 Revenue Growth Slows

2023-02-01
By: Administrator_India
On: February 1, 2023
In: Economic News
With: 0 Comments

in third-quarter revenue growth that stemmed from weak performance in key European markets. Organic growth in service revenue dropped to 1.8% year-on-year during the three-month period to December 31 to €9.52 billion (€1 = $1.0883), down from an increase of 2.5% in the prior quarter. The company said the slipRead More →

UniCredit

UniCredit Hikes Payout Goal By 40% After Record Rofit

2023-01-31
By: Administrator_India
On: January 31, 2023
In: Economic News
With: 0 Comments

UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results after posting a record quarterly profit, as CEO Andrea Orcel works to meet his ambitious payout plans. Orcel, who has focused UniCredit on capital light businesses to maximise returns since taking overRead More →

European Stocks Edge

European Stocks Edge Higher; Ericsson Slumps On Weak 5G Sales

2023-01-20
By: Administrator_India
On: January 20, 2023
In: Economic News
With: 0 Comments

European stock markets pushed higher Friday, with investors attempting to maintain January’s positive tone amid concerns about slowing economic growth and tight monetary policy. At 04:10 ET (09:10 GMT), the DAX index in Germany traded 0.3% higher, the CAC 40 in France rose 0.4% and the FTSE 100 in theRead More →

Rises After Preliminary

ASM Rises After Preliminary Q4 Net Sales Beat Estimates

2023-01-18
By: Administrator_India
On: January 18, 2023
In: Economic News
With: 0 Comments

Shares in ASM International NV (AS:ASMI) surged towards the top of the pan-European Stoxx 600 on Wednesday after the Dutch chip supplier posted better-than-expected preliminary sales in the fourth quarter following an easing in recent supply constraints. In a statement, the firm said net sales increased to around €720 millionRead More →

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Recent Posts

  • Carlsberg Expects Lower Beer Consumption To Hit 2023 Growth
  • Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings
  • Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll
  • Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
  • Hackers Who Breached ION Say Ransom Paid; Company Declines Comment

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