Federal Express To Lay Off Up To 2,000 Employees Amid Workforce Reduction Plan In Europe

FedEx Stock Up On Freight Spin Off, Despite Weak Earnings, Outlook Cut

Shares of FedEx Corp. gained around 9 percent in the extended trading on the NYSE on Thursday and is currently trading 8 percent higher on the pre-market activity after the logistics major announced its plan to spin-off its Freight division, and additional $500 million share buyback. Meanwhile, the company trimmed its fiscal 2025 earnings and revenue view after reporting weak results in its second

RTTNews | 221 dias atrás

FedEx Announces New Data-driven E-commerce Platform Fdx

FedEx Corp. announced the launch of a new digital platform, called fdx, in fall 2024 with a view to offer end-to-end e-commerce solutions for businesses of all sizes. By offering the first-of-its-kind data-driven commerce platform, the logistics major, which faces extreme competition from Amazon, aims to connect the entire customer journey by making it easier for companies to manage their supply..

RTTNews | 561 dias atrás

European Shares Seen Higher In Cautious Trade

European stocks are seen opening a tad higher on Tuesday as U.S.-China trade negotiations continue in Stockholm for a second day.

RTTNews | 3 minutos atrás

Sensex, Nifty Struggle For Direction In Early Trade

Indian shares struggled for direction on Tuesday due to lingering uncertainty over the India-U.S. trade negotiations.

RTTNews | 1h 10min atrás

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming is early losses in mid-market trading on Tuesday, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,700 level, with weakness in financial and technology stocks partially offset by some gains in energy stocks.

RTTNews | 2h 17min atrás

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the U.S. interest rate decision later in the week and as they await the outcome of the U.S.-China trade talks. Meanwhile, several European leaders voiced concerns over the EU-U.S. trade deal, calling it 'lopsided' and 'unsustainable'.

RTTNews | 2h 24min atrás

Sensex, Nifty Set To Extend Losses On Trade Deal Uncertainty

Indian shares are seen opening lower on Tuesday after several European leaders voiced concerns over the EU-U.S. trade deal, calling it 'lopsided' and 'unsustainable'.

RTTNews | 3h 0min atrás

Thai Shares Likely To Remain Rangebound

Ahead of Monday's holiday for King Maha's birthday, the Thai stock market had alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had spiked more than 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,215-point plateau and it's expected to remain in that neighborhood again on Tuesday.

RTTNews | 3h 40min atrás

EURUSD	1.15852	GBPUSD	1.33508	AUDUSD	0.65221
USDJPY	148.218	USDCAD	1.37356	USDCHF	0.80376

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Federal Express To Lay Off Up To 2,000 Employees Amid Workforce Reduction Plan In Europe