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Bay Street Seen Opening Higher
Canadian shares are likely to open on a positive note Friday morning, tracking higher crude oil and bullion prices, and fairly steady European markets.
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vor 851 Tagen
Malaysia Inflation Lowest In 6 Months Amid Slowing Food Prices
Malaysia's consumer price inflation eased slightly at the end of the year to the lowest level in six months, primarily driven by a moderation in food prices, data from the Department of Statistics showed on Friday. The consumer price index, or CPI, climbed 3.8 percent year-on-year in December, following November's 4.0 percent increase. Prices have been rising since February last year.
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vor 851 Tagen
Evercore Promotes Tim LaLonde To Succeed Celeste Mellet As CFO
Investment banking advisory firm Evercore Partners Inc. (EVR) announced Friday that it has named Tim LaLonde as its Chief Financial Officer, effective March 6, 2023. LaLonde joined the firm in 2001 and currently serves as Co-Head of the U.S. Advisory business and holds several other global senior leadership roles around the firm.
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vor 851 Tagen
Google's Alphabet To Lay Off About 12,000 Employees
Alphabet Inc., the parent company of search giant Google, has joined other tech majors in the lay off process, by announcing plans to cut about 12,000 jobs. This represents more than 6% of its global workforce. The roles being eliminated cut across Alphabet, product areas, functions, levels and regions.
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vor 851 Tagen
Australian Competition Regulator Seeks Views On Sika-MBCC Group Acquisition
The Australian Competition & Consumer Commission or ACCC, announced Friday that it is seeking views on a proposed court-enforceable divestiture undertaking offered by Sika AG (SXYAY.PK, SKFOF.PK) in relation to its proposed acquisition of MBCC Group.
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vor 851 Tagen
Regions Financial Q4 Profit Rises 60%, Tops Estimates
Regions Financial Corp. (RF) on Friday reported fourth-quarter net income available to common shareholders increased to $660 million or $0.70 per share from $414 million or $0.43 per share in the year-ago quarter.
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vor 851 Tagen
Sensex, Nifty Extend Losses For Second Day On Recession Worries
Indian shares fell for a second day running on Friday, as the dollar edged higher on recession worries and oil prices continued to climb on hopes for fuel demand recovery in China on eve of the Lunar New Year holidays.
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vor 851 Tagen
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European Shares Rebound On Chins Optimism Before Holiday
European stocks rose on Friday after China said the worst was over in the battle against COVID-19.
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vor 851 Tagen
Pound Declines As UK Retail Sales Drop Unexpectedly
The pound fell against its major counterparts in early European deals on Friday, as the nation's retail sales declined unexpectedly in December, raising concerns about the economic outlook.
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vor 851 Tagen
FTSE 100 Edges Higher Despite Weak Retail Sales Data
U.K. stocks eked out modest gains on Friday as optimism over demand recovery in China boosted mining and energy stocks.
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vor 851 Tagen
CAC 40 Rebounds After Thursday's Selloff
French stocks were moving higher on Friday as investors pinned hopes for demand recovery in the world's second-biggest economy on eve of upcoming Lunar New Year holiday.
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vor 851 Tagen
South Korea Producer Price Inflation Lowest In Nearly 2 Years
South Korea's producer prices rose at the slowest annual pace in twenty months in December and the pace eased for a sixth month in a row, thanks to a let up in inflationary pressures in the manufacturing sector due to the fall in oil prices and a weaker dollar, preliminary figures from the Bank of Korea showed Friday.
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vor 851 Tagen
DAX Sees Modest Gains On China Optimism
German stocks were seeing modest gains on Friday, with optimism about China's reopening and expectations that the Federal Reserve would ease up on interest-rate rises helping underpinning sentiment.
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vor 851 Tagen
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