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Novartis Stock Down On Weak Q4 Results; Sees Growth In FY23

Shares of Novartis AG were losing around 2 percent in the early morning trading in Switzerland after the drug major reported Wednesday sharply lower profit in its fourth quarter with weak sales as well as the absence of prior year's hefty Roche income. Adjusted earnings, however, topped market estimates, while top line missed their view. Further, the company announced higher dividend...
RTTNews | Před 835 dny
CAC 40 Inches Higher On Improved China Data

CAC 40 Inches Higher On Improved China Data

French stocks were slightly higher on Wednesday after two manufacturing surveys out of China painted a positive picture of the world's second-largest economy.
RTTNews | Před 835 dny
DAX Holds Steady Ahead Of Fed Decision

DAX Holds Steady Ahead Of Fed Decision

German stocks were steady on Wednesday as investors reacted to mixed manufacturing data from China and awaited the Federal Reserve's interest-rate decision later in the day for direction.
RTTNews | Před 835 dny
Austria Inflation Climbs To 11.1%

Austria Inflation Climbs To 11.1%

Austria's consumer price inflation accelerated for the first time in four months in January, driven by strong increase in household energy prices, preliminary figures from Statistics Austria in Vienna showed Wednesday. The consumer price index, or CPI, rose 11.1 percent year-on-year following a 10.2 percent increase in December.
RTTNews | Před 835 dny
UK BRC Shop Price Inflation Hits Record 8.0%

UK BRC Shop Price Inflation Hits Record 8.0%

UK shop price inflation hit a record high in January as retailers offered fewer discounts amid rising input costs, data published by the British Retail Consortium showed Wednesday. The BRC- NielsenIQ shop price index rose 8.0 percent on a yearly basis in January following a 7.3 percent gain in December.
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India Manufacturing Growth Remains Strong

India Manufacturing Growth Remains Strong

India's factory activity continued to expand strongly at the start of the year despite slower rises in new orders and output amid weaker foreign demand, results of the purchasing managers' survey from S&P Global showed on Wednesday. The manufacturing Purchasing Managers' Index, or PMI, dropped to 55.4 in January from December's recent high of 57.8.
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Boeing Delivers Its Final 747 Jumbo Jet

Boeing Delivers Its Final 747 Jumbo Jet

Boeing has delivered its final 747 jumbo jet, bringing to a close more than 50 years of its production, to Atlas Air Worldwide, the largest operator of the widebody jet called as the "Queen of the Skies." The aerospace and defense major and Atlas Air joined thousands of people to celebrate the delivery of the final 747-8 Freighter at the Everett factory, where 747 began its journey in 1967.
RTTNews | Před 835 dny
European Economic News Preview:  Eurozone Flash HICP, Unemployment Data Due

European Economic News Preview: Eurozone Flash HICP, Unemployment Data Due

Flash consumer prices, unemployment and final manufacturing Purchasing Managers' survey results from the euro area are the top economic news due on Wednesday. At 2.00 am ET, UK Nationwide house price data is due. House price inflation is forecast to ease to 1.9 percent in January from 2.8 percent in December.
RTTNews | Před 835 dny
China Manufacturing Sector Shrinks Moderately

China Manufacturing Sector Shrinks Moderately

China's manufacturing sector shrank at a slower pace in January as the downturns in output and new orders softened, survey results from S&P Global revealed Wednesday. The Caixin manufacturing Purchasing Managers' Index rose to 49.2 from 49.0 in December.
RTTNews | Před 835 dny
Asian Markets Mostly Higher Ahead Of Fed Decision

Asian Markets Mostly Higher Ahead Of Fed Decision

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, with traders remaining cautious ahead of the US Fed rate decision and accompanying statement later in the day. The central bank will likely slow the pace of its monetary policy tightening and raise interest rate by only 25 basis points to a range of 4.5 to 4.75 percent.
RTTNews | Před 835 dny

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