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Japan Govt Cuts Economic View On Spending, Industrial Output

Japan Govt Cuts Economic View On Spending, Industrial Output

Japan's government downgraded its view on the economy for the first time in three months, citing weaker consumer spending and industrial production. In the February monthly report released Wednesday, the Cabinet Office said, "The Japanese economy is recovering at a moderate pace, although it recently appears to be pausing."
RTTNews | vor 554 Tagen
Clean Harbors Provides Q1, FY24 Adj. EBITDA Outlook

Clean Harbors Provides Q1, FY24 Adj. EBITDA Outlook

While reporting its financial results for the fourth quarter on Wednesday, Clean Harbors Inc. (CLH, CLHB) initiated its adjusted EBITDA and adjusted free cash flow guidance for the full-year 2024. The company also provided outlook for the first quarter.
RTTNews | vor 554 Tagen
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Subdued commodity markets and European stocks point to a mixed start for Canadian shares on Wednesday. The focus will be on the release of the minutes of the Federal Reserve's most recent monetary policy meeting, due later in the day.
RTTNews | vor 554 Tagen
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UK Budget Surplus Hits Record High

UK Budget Surplus Hits Record High

Britain registered a record budget surplus in January on self-assessed tax but the excess remained below the government's estimate, official data revealed Wednesday. Public sector net borrowing, or PSNB, excluding public sector banks was in surplus by GBP 16.7 billion in January, the Office for National Statistics reported Wednesday.
RTTNews | vor 554 Tagen
HSBC Stock Down On Q4 Loss, Cautious View For FY24 Banking NII

HSBC Stock Down On Q4 Loss, Cautious View For FY24 Banking NII

Shares of HSBC Holdings Plc were losing around 8 percent on the London Stock Exchange as well as in pre-market activity on the NYSE after the British lending major reported a net loss in its fourth quarter, while pre-tax profit plunged from last year, hit mainly by a hefty impairment charge related to China division. Revenues were weak, while Banking net interest income increased.
RTTNews | vor 554 Tagen
Sensex, Nifty End Lower; IT And PSU Stocks Suffer Heavy Losses

Sensex, Nifty End Lower; IT And PSU Stocks Suffer Heavy Losses

Indian shares finished notably lower on Wednesday, giving up early gains as investors awaited the release of minutes from the Federal Reserve's monetary policy meeting later in the day for further clarity on when the U.S. central bank will start to cut interest rates.
RTTNews | vor 554 Tagen
European Shares Mixed As Earnings Disappoint

European Shares Mixed As Earnings Disappoint

European stocks were mixed on Wednesday as investors awaited cues from flash eurozone consumer confidence for February as well as the FOMC meeting minutes due later in the day.
RTTNews | vor 554 Tagen

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