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Eurozone Private Sector Logs Fastest Growth In 9 Months

Eurozone Private Sector Logs Fastest Growth In 9 Months

Eurozone business activity grew the most in nine months in February thanks to the improvement in services activity and manufacturing output returning to the growth territory amid fading supply-side problems, a private survey showed Tuesday. The composite output index rose more-than-expected to 52.3 in February from 50.3 in the previous month, flash survey results from S&P Global revealed. The exp
RTTNews | 818 dias atrás
Medtronic Boosts FY23 Adj. EPS Outlook - Update

Medtronic Boosts FY23 Adj. EPS Outlook - Update

While reporting financial results for the third quarter on Tuesday, medical devices maker Medtronic plc. (MDT) provided its revenue growth guidance for the fourth quarter and raised adjusted earnings outlook for the full-year 2023, based on third quarter performance.
RTTNews | 818 dias atrás
HSBC Q4 Profit Soars, Plans Dividends; Backs Positive View For FY23

HSBC Q4 Profit Soars, Plans Dividends; Backs Positive View For FY23

Banking major HSBC Holdings plc reported Tuesday that its fourth-quarter profit nearly doubled from last year, with strong revenue growth. The company also announced a final dividend for fiscal 2022, and plans a special dividend. Looking ahead, the company maintained its positive revenue outlook for fiscal 2023.
RTTNews | 818 dias atrás
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UK Budget Surplus Narrows In January

UK Budget Surplus Narrows In January

Despite the record income tax receipts, the UK government budget surplus declined sharply in January due to higher interest payments and substantial spending on energy support schemes, official data revealed on Tuesday. The Office for National Statistics said, excluding banks, public sector net borrowing was in GBP 5.42 billion surplus in January.
RTTNews | 818 dias atrás
Europe New Car Registrations Rise 11.3% In January

Europe New Car Registrations Rise 11.3% In January

European passenger car registrations signaled a positive note at the start of the year, rising for the sixth successive month, but at a slower pace than in December amid a slump in the German market, monthly data from the Brussels-based European Automobile Manufacturers' Association, or ACEA, showed on Tuesday. New car sales in the European Union rose 11.3 percent year-on-year.
RTTNews | 818 dias atrás
FTSE 100 Declines In Cautious Trade

FTSE 100 Declines In Cautious Trade

U.K. stocks fell in cautious trade on Tuesday amid growing geopolitical tensions and concerns about interest rates staying higher for longer.
RTTNews | 818 dias atrás
South Korea Consumer Confidence Weakens

South Korea Consumer Confidence Weakens

South Korea's consumer sentiment deteriorated in February as households' expectations on the future living standards and earnings weakened, survey data showed Tuesday, as the Bank of Korea prepares to hold its latest rate-setting session later this week. The consumer confidence index dropped to 90.2 from 90.7 in January, survey results from the Bank of Korea showed. In December, the reading was 9
RTTNews | 818 dias atrás
DAX Slides As Investors Eye Fed Minutes

DAX Slides As Investors Eye Fed Minutes

German stocks slipped into the red on Tuesday as rising geopolitical tensions dampened the mood and investors looked to the minutes of the latest Federal Reserve meeting, due on Wednesday, for directional cues.
RTTNews | 818 dias atrás

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