Arcos Dorados Q2 Net Profit Declines

Arcos Dorados Q1 Profit Declines

Arcos Dorados Holdings, Inc. (ARCO), a restaurant chain and McDonald's franchisee, reported Wednesday that net income attributable to the company for the first quarter declined to $28.51 million or $0.14 per share from $37.41 million or $0.18 per share in the prior-year quarter.

RTTNews | 492 dias atrás

Pound Slides As UK Bond Yield Soars

The British pound weakened against other major currencies in the European session on Friday, as long-dated UK bond yields rise sharply in response to increasing public sector borrowings in August.

RTTNews | 10 minutos atrás

CAC 40 Modestly Higher; Stellantis, ArcelorMittal Among Top Gainers

French stocks are up in positive territory on Friday with investors mostly making cautious moves, assessing recent policy announcements from central banks, and continuing to weigh the potential impact of tariffs on economic growth.

RTTNews | 13 minutos atrás

Sensex, Nifty End Lower On Profit Taking

Indian shares ended lower on Friday, with key benchmark indexes Sensex and Nifty snapping a three-day winning streak that was supported by GST reforms, encouraging progress in India-U.S. trade discussions and the Federal Reserve's first rate cut of the year.

RTTNews | 30 minutos atrás

DAX Pares Early Gains, Down Marginally

German stocks pared early gains and are down in negative territory a little past noon on Friday with investors looking to take some profits after previous session's sharp upmove.

RTTNews | 36 minutos atrás

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | 42 minutos atrás

Antipodean Currencies Fall Amid Fed Cautious Outlook

The antipodean currencies Australia and the New dollar weakened against their major currencies in the Asian session on Friday, as traders continued to digest the U.S. Fed's interest rate cut by a quarter point and its impact on the markets. Fed officials' forecasts suggest two more rate cuts this year but just one next year, although there were significant differences of opinion about the outlook.

RTTNews | 1h 13min atrás

UK Budget Shortfall Overshoots Estimate

UK government borrowing increased more than expected and also exceeded the official estimate in August, adding pressure on Chancellor Rachel Reeves ahead of the November budget. Public sector net borrowing increased GBP 3.5 billion from the last year to GBP 18.0 billion in August, the Office for National Statistics said Friday.

RTTNews | 1h 50min atrás

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