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SNC-Lavalin Gets $85 Mln Five-year Services Contract From Florida's Turnpike Enterprise
SNC-Lavalin Group Inc. (SNC.TO), a professional services and project management company, announced Thursday it has received an $85 million transportation development general engineering consultant (GEC) services contract from Florida's Turnpike Enterprise.
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UK Economy Fares Better Than Expected In May
The UK economy shrunk less than expected in May despite an extra bank holiday and strikes, reducing the scope for a contraction in the second quarter. Real gross domestic product decreased 0.1 percent on a monthly basis, reversing April's 0.2 percent growth, the Office for National Statistics reported Thursday.
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Conagra Brands Guides FY24 Adj. EPS Below Estimates; Boosts Dividend - Update
While reporting financial results for the fourth quarter on Wednesday, branded food company Conagra Brands, Inc. (CAG) initiated its adjusted earnings and organic net sales growth guidance for the full-year 2024.
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Euro Little Changed After ECB Minutes
At 7.30 am ET Thursday, the European Central Bank has released the account of the monetary policy meeting of the governing council held on June 14 and 15. The euro changed little against its major rivals after the release.
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Euro Mixed Ahead Of ECB Minutes
At 7.30 am ET Thursday, the European Central Bank will publish the account of the monetary policy meeting of the governing council held on June 14 and 15.
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China Exports Drop Most Since 2020
China's exports fell the most since the outbreak of the pandemic due to the subdued global demand in June and imports logged another annual decline, intensifying the call for fiscal stimulus to prop up domestic demand in a bid to sustain economic growth. Exports decreased 12.4 percent on an yearly basis in June, following a 7.5 percent fall in May.
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Sensex, Nifty Pare Early Gains
Indian shares eked out modest gains on Thursday as investors reacted to macroeconomic data and earnings releases from IT giants TCS and HCL Technologies
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Pound Advances Amid Better Than Expected U.K. GDP Data
The pound climbed against its major counterparts in European deals on Thursday, as the economy shrank less than expected in May.
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European Shares Extend Gains As Inflation Worries Ease
European stocks edged higher on Thursday, with China stimulus hopes and expectations that the Federal Reserve will soon halt interest rate hikes helping underpin sentiment.
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FTSE 100 Slightly Higher After GDP Data
U.K. stocks were slightly higher on Thursday after data showed the U.K. economy contracted less than expected in May.
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CAC 40 Gains As Inflationary Pressures Ease
French stocks traded higher on Thursday after data showed France's consumer price inflation eased to the lowest level in more than a year amid a fall in energy costs as initially estimated.
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DAX Edges Higher As Bond Yields Ease
German stocks edged higher on Thursday and Eurozone bond yields tumbled after data showed both headline and core inflation in the U.S. rose at a slower-than-expected pace in June, potentially bolstering the case for the Fed to stop raising rates.
Hopes for China stimulus also offered some support after data showed China's exports contracted last month at their fastest pace since the onset three years ago of the COVID-19 pandemic.
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Asian Shares Rally On Weak US Inflation Data, China Stimulus Hopes
Asian stocks followed Wall Street higher on Thursday after weaker-than-expected U.S. inflation data bolstered hopes of the Federal Reserve nearing the end of its tightening campaign.
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