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New Gold Promotes Patrick Godin To Succeed Renaud Adams As President And CEO
Canadian miner New Gold, Inc. (NGD.TO, NGD) announced Wednesday the appointment of Patrick Godin as its new President and Chief Executive Officer, effective immediately. Godin succeeds Renaud Adams, who has served as CEO since September 2018.
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vor 908 Tagen
UK Private Sector Shrinks On Weak Orders
The UK private sector contracted again in November as new orders posted its biggest fall in nearly two years as the rising cost of living squeezed demand in both the manufacturing and services sectors, a closely watched survey showed on Wednesday. The S&P Global/Chartered Institute of Procurement & Supply composite output index registered 48.3 in November, up fractionally from 48.2 in October.
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vor 908 Tagen
New Zealand Dollar Higher As RBNZ Raises Rate By Record 75 Bps
The New Zealand dollar was higher against its major counterparts in the European session on Wednesday, as the Reserve Bank of New Zealand raised the benchmark rate by a record 75 basis points and signaled more tightening ahead to bring inflation down.
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vor 908 Tagen
Eurozone Private Sector Contracts At Slower Pace
The euro area private sector contracted at a slower pace in November reflecting a reduced rate of loss of new business, fewer supply constraints and a pick-up in business confidence, flash survey results from S&P Global showed on Wednesday. The composite output index unexpectedly rose to 47.8 in November from 47.3 in October. The reading was seen at 47.0.
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vor 908 Tagen
UK Probes Apple And Google's Control Over Web Browsing
The U.K. Government's Competition and Markets Authority or CMA has initiated an investigation into tech majors Apple and Google's duopoly on mobile ecosystems. The authority said it will conduct a fuller investigation into the way that Apple and Google dominate the mobile browser market and how Apple restricts cloud gaming through its App Store.
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vor 908 Tagen
Sensex, Nifty Pare Early Gains
Indian shares pared early gains to finish slightly higher on Wednesday as investors awaited minutes from the Federal Reserve's November policy meeting later in the day for any indications that the pace of rate hikes may slow.
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vor 908 Tagen
European Shares Fluctuate As Business Activity Contracts For Fifth Month
European stocks struggled for direction on Wednesday, as investors awaited the release of minutes of the most recent decisions of the Federal Reserve and the European Central Bank for directional cues.
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vor 908 Tagen
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FTSE 100 Gains As Miners And Energy Stocks Climb
U.K. stocks advanced on Wednesday, as commodity-related stocks surged on the back of a weaker dollar ahead of the release of the minutes from the latest Federal Reserve meeting later in the day.
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vor 908 Tagen
CAC 40 Gives Up Early Gains After Weak Data
French stocks were little changed on Wednesday, giving up earlier gains as investors eyed the Federal Reserve's November meeting minutes later in the day for additional clues on the path of interest rates.
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vor 908 Tagen
DAX Edges Lower Ahead Of Fed Minutes
German stocks edged lower on Wednesday even as data showed the German manufacturing and services sectors' contraction eased in November.
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vor 908 Tagen
Asian Shares Mostly Higher Ahead Of FOMC Meeting Minutes
Asian stocks ended mostly higher on Wednesday despite lingering worries about the Chinese economy and ahead the release of latest Fed meeting minutes later in the day.
Regional gains were capped by rising COVID-19 infections in China and a record interest-rate hike New Zealand. Trading volumes were somewhat thin amid a holiday in Japan.
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vor 908 Tagen
Alphabet Reportedly Seeks To Lay Off 10,000 Employees
Alphabet, Google's parent company, is planning to lay off nearly 10,000 low performing employees starting early 2023 amid investor demand to downsize and cut costs, according to a report by The Information. The tech major reportedly has asked managers to identify 6 percent of its staff using a new performance management system.
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vor 908 Tagen
European Economics Preview: Eurozone Flash PMI Survey Data Due
Flash Purchasing Managers' survey results from the euro area and the UK are due on Wednesday, headlining a light day for the European economic news. At 3.15 am ET, S&P Global publishes France's flash composite Purchasing Managers' survey data. The composite index is forecast to fall to 49.5 in November from 50.2 in October.
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vor 908 Tagen
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