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UK Manufacturing Activity Contracts Most Since 2020
The UK manufacturing sector registered its sharpest contraction since May 2020 on steep decreases in production and order intake, final survey results from S&P Global showed Thursday. The Chartered Institute of Procurement & Supply factory Purchasing Managers' Index fell to 47.3 in August from 52.1 in July. But the score was above the flash estimate of 46.0.
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vor 997 Tagen
Brady Corp. Guides FY22 Adj. EPS Above Estimates As Q4 Adj. EPS Tops View
While reporting financial results for the fourth quarter on Thursday, Brady Corp. (BRC) initiated its earnings and adjusted earnings guidance for the full-year 2023.
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vor 997 Tagen
Build-A-Bear Workshop Reaffirms FY22 Revenue, EBITDA Outlook - Update
While reporting financial results for the second quarter on Thursday, brick-and-mortar retailer Build-A-Bear Workshop, Inc. (BBW) reaffirmed its revenue and EBITDA guidance for the full-year 2022.
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vor 997 Tagen
Indian Shares Tumble Amid Global Sell-off
Indian shares fell sharply on Thursday, tracking weak global markets after several Fed and ECB officials reiterated their support for further interest-rate hikes to combat inflation.
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vor 997 Tagen
Euro Weakens On Rate Hike, Recession Worries
The euro was lower against its most major counterparts in the European session on Thursday, as European markets fell, tracking a sell-off on Wall Street and in Asia, as investors continued to worry about higher interest rates and the risk of a recession.
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vor 997 Tagen
European Shares Extend Slide As Rate Hike Fears Mount
European stocks fell sharply on Thursday to hit seven-week lows amid worries that aggressive rate hikes by the Federal Reserve and other central banks in Europe and Asia will dent economic growth.
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vor 997 Tagen
FTSE 100 Retreats On Growth Worries; Miners Worst Hit
U.K. stocks slumped on Thursday after a survey showed manufacturing production suffered its steepest contraction since May 2020 in August.
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vor 997 Tagen
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CAC 40 Extends Losses As Luxury Stocks Drag
French stocks tumbled on Thursday, as investors reacted to fresh hawkish commentary from another key Fed official and a disappointing report on monthly private payrolls in the United States.
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vor 997 Tagen
DAX Retreats On Growth, Inflation Concerns
German stocks fell sharply on Thursday amid worries that aggressive rate hikes by the Federal Reserve and other central banks in Europe and Asia will dent economic growth.
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vor 997 Tagen
Asian Shares Decline On Growth Worries
Asian stocks declined on Thursday as data showed the region's factory hubs saw further easing in demand in August.
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vor 997 Tagen
UK Nationwide House Price Inflation Softens In August
Amid rising energy bills and higher interest rate squeezing household budgets, UK house price inflation softened in August, data published by Nationwide Building Society showed Thursday. House price inflation slowed to 10.0 percent in August from 11.0 percent in July. The rate was forecast to ease more sharply to 8.9 percent. Nonetheless, the rate remained in double-digits for the tenth month in
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vor 997 Tagen
China Manufacturing Sector Shrinks In August
China's manufacturing sector unexpectedly contracted in August as power cuts and temporary factory closures due to the heatwave dampened production and sales, survey results from S&P Global showed on Thursday. The Caixin manufacturing Purchasing Managers' Index fell to 49.5 in August from 50.4 in July.
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vor 998 Tagen
European Economics Preview: Eurozone Unemployment, Factory PMI Data Due
Unemployment and final manufacturing Purchasing Managers' survey results from the euro area are due on Thursday, headlining a busy day for the European economic news.
At 2.00 am ET, the UK Nationwide house price data is due. Economists forecast house prices to rise 8.9 percent on a yearly basis in August, following an 11 percent increase in July.
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vor 998 Tagen
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