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Eurozone Private Sector Remains Mired In Recession

The euro area private sector contracted for the seventh straight month in December with the largest economies becoming the biggest drags, final survey results from the purchasing managers' survey by S&P Global showed on Thursday. The final HCOB composite output index held steady at 47.6 in December. The flash reading was 47.0. A PMI score below 50.0 indicates contraction.
RTTNews | vor 590 Tagen
Pound Advances After Strong U.K. PMI Data

Pound Advances After Strong U.K. PMI Data

The pound appreciated against its major counterparts during the European session on Thursday, as U.K. composite PMI exceeded estimates in December.
RTTNews | vor 590 Tagen
UK Mortgage Approvals Hit 5-Month High

UK Mortgage Approvals Hit 5-Month High

UK mortgage approvals increased to the highest level in five months in November reflecting an improvement in the housing market activity, and consumer credit increased the most since 2018, official data revealed on Thursday. The number of mortgage approvals, an indicator of future borrowing, increased to 50,067 in November from 47,888 in October, the Bank of England data showed.
RTTNews | vor 590 Tagen
Conagra Brands Trims FY24 Outlook - Update

Conagra Brands Trims FY24 Outlook - Update

While reporting financial results for the second quarter on Thursday, branded food company Conagra Brands, Inc. (CAG) lowered its adjusted earnings and organic net sales growth guidance for the full-year 2024, to reflect year-to-date results, expectations for a slower volume recovery, and increased brand investments in the second half of the fiscal year.
RTTNews | vor 590 Tagen
CGI Selected To Partner UK Air Traffic Controller NATS For Modernization

CGI Selected To Partner UK Air Traffic Controller NATS For Modernization

CGI (GIB, GIB.A) announced Thursday it has been selected to partner with NATS, the UK's leading provider of air traffic control services to help transform and modernize the company's digital infrastructure and evolve its services for air traffic operations in the UK.
RTTNews | vor 590 Tagen
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China Service Sector Gains Strength In December

China Service Sector Gains Strength In December

China's service sector gained momentum at the end of the year amid new business posting the strongest rise in seven months, upbeat business sentiment and rising employment. The Caixin services Purchasing Managers' Index, or PMI, rose to 52.9 in December from 51.5 in November, survey results from S&P Global showed on Thursday. The reading was forecast to rise slightly to 51.6.
RTTNews | vor 590 Tagen
DAX Modestly Higher Ahead Of Inflation Data

DAX Modestly Higher Ahead Of Inflation Data

German stocks were seeing modest gains in cautious trade on Thursday as investors reacted to hawkish FOMC meeting minutes and awaited Eurozone PMI and German consumer inflation figures for direction.
RTTNews | vor 590 Tagen

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