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Siemens Q4 Profit, Orders Rise; Sees Growth Ahead; Stock Up

Siemens Q4 Profit, Orders Rise; Sees Growth Ahead; Stock Up

Shares of Siemens AG were gaining around 6 percent in the morning trading on Germany's XETRA after the conglomerate on Thursday issued positive revenue outlook for fiscal 2025, after reporting higher profit and orders in its fourth quarter. Further, Siemens President and CEO Roland Busch reportedly announced potential cut of up to 5,000 jobs worldwide in its factory automation business.
RTTNews | vor 300 Tagen
Eurozone GDP Growth Confirmed At 0.4%; Employment Rises

Eurozone GDP Growth Confirmed At 0.4%; Employment Rises

The euro area economy expanded as initially estimated in the third quarter and employment growth showed an improvement, data from Eurostat showed on Thursday. Gross domestic product climbed 0.4 percent sequentially, which was double the 0.2 percent expansion seen in the second quarter, flash estimate showed.
RTTNews | vor 300 Tagen
Canadian Market Likely To Open Higher

Canadian Market Likely To Open Higher

Higher Canadian and U.S. futures, and firm crude oil prices point to a positive start on Bay Street on Thursday. The focus will be on earnings, and Fed Chair Jerome Powell's speech, as well as on U.S. producer price inflation data.
RTTNews | vor 300 Tagen
Sensex, Nifty Extend Losses For Sixth Day

Sensex, Nifty Extend Losses For Sixth Day

Indian shares moved in a narrow range before finishing marginally lower on Thursday ahead of a public holiday for markets on Friday for Guru Nanak Jayanti.
RTTNews | vor 300 Tagen
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DAX Rises On Upbeat Earnings

DAX Rises On Upbeat Earnings

German stocks advanced on Thursday as investors reacted to upbeat earnings news and awaited Eurozone GDP later in the day.
RTTNews | vor 300 Tagen
Asian Shares Mixed As China Concerns Persist

Asian Shares Mixed As China Concerns Persist

Asian stocks saw muted gains on Thursday, though Chinese and Hong Kong markets tumbled on worries of a possible trade war between China and the United States in the wake of Donald Trump's return to the White House.
RTTNews | vor 300 Tagen
Antipodean Currency's Slide Amid Risk Aversion

Antipodean Currency's Slide Amid Risk Aversion

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday, as traders fretted about the impact of U.S. President-elect Donald Trump's proposed tariffs on inflation and interest rates. The U.S. dollar also strengthened against major currencies in the region.
RTTNews | vor 300 Tagen
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | vor 300 Tagen

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