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KKR Boosts Investment In NetSPI With $410 Mln In New Funding
NetSPI announced Wednesday that global investment firm KKR & Co. (KKR) is increasing its investment in the company with $410 million in new funding. The growth investment validates NetSPI's significant outperformance since KKR's initial investment in May 2021.
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vor 1043 Tagen
U.S. Dollar Advances In Cautious Trade
The U.S. dollar climbed against its major counterparts in the European session on Wednesday, as optimism over a slowdown in the pace of the Federal Reserve's monetary policy tightening receded.
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vor 1043 Tagen
RPM International Q1 Results Top Estimate; Guides Q2 Sales
RPM International, Inc. (RPM) reported Wednesday that net income attributable to RPM for the first quarter grew to $169.01 million or $1.31 per share from $134.58 million or $1.04 per share in the prior-year quarter.
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vor 1043 Tagen
New Zealand Central Bank Lifts Rate By 50 Bps; Signals Additional Tightening
New Zealand central bank raised its key interest rate by 50 basis points for the fifth straight meeting and signaled more tightening going forward. The Monetary Policy Committee of the Reserve Bank of New Zealand decided to lift the Official Cash Rate to 3.50 percent from 3.00 percent.
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vor 1043 Tagen
European Shares Retreat As Growth Worries Return To Haunt
European stocks fell on Wednesday after two sessions of strong gains.
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vor 1043 Tagen
FTSE 100 Slides As Yields Rise On Uncertainty Over Fed Policy
U.K. stocks fell in cautious trade on Wednesday, as Treasury yields moved higher amid uncertainty over whether economic circumstances have changed enough to prompt a change in aggressive monetary policy actions.
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vor 1043 Tagen
CAC 40 Dips After Tuesday's Strong Rally
French stocks were moving lower on Wednesday after a survey showed activity in the country's services sector expanded a bit less than initial forecast in September.
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vor 1043 Tagen
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DAX Slips Into Red On Recession Woes
German stocks fell sharply on Wednesday as the latest data showed a narrowing in the country's surplus and a weakening services sector.
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vor 1043 Tagen
Asian Shares Rise On Hopes Of Fed Easing
Asian shares advanced on Wednesday after U.S. stocks posted strong gains for a second consecutive session overnight on expectations that the U.S. Federal Reserve might ease off on major rate hikes, heading into 2023.
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vor 1043 Tagen
German Exports & Imports Rebound In August
Germany's exports and imports rebounded in August with the increase in imports exceeding that of exports, data from Destatis showed on Wednesday. Exports grew 1.6 percent on a monthly basis in August, offsetting a 1.6 percent fall in July. Economists had forecast shipments to climb 1.1 percent.
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vor 1043 Tagen
European Economics Preview: Germany Foreign Trade Data Due
Foreign trade from Germany and final Purchasing Managers' survey results from major euro area economies are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's external trade figures. Exports and imports are forecast to grow 1.1 percent each on a monthly basis in August.
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vor 1043 Tagen
European Shares Seen Lower As Investors Await Clarity On Fed Policy
European stocks are seen opening lower on Wednesday, with inflation concerns and geopolitical tensions likely to keep underlying sentiment cautious.
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vor 1043 Tagen
Indian Markets Closed For Dussehra
Indian stock markets remain closed today on account of Dussehra festival celebrations across the country.
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vor 1043 Tagen
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