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Lindsay To Invest Over $50 Mln In Next Two Years In Manufacturing Facility In Lindsay
Lindsay Corp. (LNN) announced Wednesday plans to invest more than $50 million over the next two years in its largest global manufacturing facility located in Lindsay, Nebraska.
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vor 611 Tagen
UK Inflation Picks Up On Tobacco Duty Hike
UK consumer price inflation picked up for the first time in ten months in December due to a hike in the tobacco duty, official data showed Wednesday. The consumer price index, or CPI, rose 4.0 percent on a yearly basis, slightly faster than November's 3.9 percent increase, the Office for National Statistics reported. The rate was forecast to edge down to 3.8 percent.
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vor 611 Tagen
Manchester United Q1 Loss Slightly Narrows; Trims FY24 Revenue Outlook
Manchester United (MANU) announced Wednesday a first-quarter net loss of 25.8 British pounds or 15.79 pence per basic share, narrower than 26.5 pounds or 16.26 pence per basic share in the prior-year quarter.
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vor 611 Tagen
Pound Rises On Strong U.K. Inflation Data
The British pound strengthened against other major currencies in the European session on Wednesday, after U.K. consumer price inflation picked up unexpectedly in December on alcohol and tobacco prices.
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vor 611 Tagen
Sensex, Nifty Plunge As Banks And Metal Stocks Drag
Indian shares ended deep in the red on Wednesday as hawkish signals from Fed and ECB officials coupled with signs of an uptick in inflation in the U.K. and Eurozone raised more doubts about the prospects for early rate cuts.
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vor 611 Tagen
Apple To Allow Outside Payments For Apps
Apple Inc. has updated its App Store policies, allowing developers to direct customers to outside payment platforms. The development comes as the Supreme Court has declined to review the antitrust case between Apple and Epic Games, where Epic Games sought a ruling to prevent Apple from making changes to its App Store rules.
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vor 611 Tagen
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Wednesday.
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vor 611 Tagen
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European Shares Tumble On China Data, Rate-cut Doubts
European stocks traded sharply lower on Wednesday after several ECB policymakers warned that markets are getting ahead on rate cut expectations.
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vor 611 Tagen
FTSE 100 Declines As Inflation Rises
U.K. stocks tumbled on Wednesday while the British pound rose against the dollar and euro after data showed U.K. consumer price inflation picked up unexpectedly in December on alcohol and tobacco prices.
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vor 611 Tagen
CAC 40 Slips On Uncertainty Over Rate Cuts
French stocks retreated on Wednesday after several European Central Bank officials pushed back against investors' bets that they will start cutting interest rates this spring.
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vor 611 Tagen
DAX Declines On China Recovery Concerns
German stocks fell sharply on Wednesday as a slew of mixed Chinese economic data released earlier today added to concerns over the economic outlook for 2024.
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vor 611 Tagen
Asian Shares Decline After Mixed China Data
Asian stocks declined on Wednesday as investors reacted to mixed Chinese data and kept a wary eye on the latest developments in the Middle East.
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vor 611 Tagen
China GDP Growth Misses Expectations
China's economic growth missed expectations in the fourth quarter but the pace of whole year expansion met the government target despite the property crisis, weak global demand and overburdened government debt. Gross domestic product registered 5.2 percent annual growth in the fourth quarter, data released by the National Bureau of Statistics showed on Wednesday.
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vor 611 Tagen
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