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German Unemployment Rises Unexpectedly
German unemployment increased unexpectedly in June as the Ukrainian refugees are added in job centers as people searching for jobs, official data showed on Thursday. The number of people out of work increased sharply by 133,000 from May, when employment declined by 5,000, data published by the Federal Employment Agency reported. Economists had forecast another fall of 6,000.
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Constellation Brands Inks Deal With Sands Family To Eliminate Class B Common Stock
Beverage alcohol company Constellation Brands (STZ, STZ.B) announced Thursday that following the recommendation of a special committee comprised solely of independent directors, its Board of Directors has approved, and will recommend to shareholders for approval, a proposal to eliminate the company's Class B common stock.
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Constellation Brands Maintains FY22 Comparable EPS Outlook; Q1 Results Top Estimates
While reporting financial results for the first quarter of fiscal 2023 on Thursday, beverage alcohol company Constellation Brands, Inc. (STZ) maintained its comparable earnings guidance for the full-year 2023.
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Walgreens Boots Alliance Maintains FY22 Adj. EPS Growth Outlook - Update
While reporting financial results for the third quarter on Thursday, retail pharmacy Walgreens Boots Alliance, Inc. (WBA) maintained its adjusted earnings growth guidance for the full-year 2022, based on year-to-date performance that is tracking broadly in line with expectations.
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Pfizer Submits NDA For PAXLOVID To FDA To Treat Severe Illness From COVID-19
Pfizer Inc. (PFE) announced Thursday the submission of a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for approval of PAXLOVID (nirmatrelvir [PF-07321332] tablets and ritonavir tablets) for both vaccinated and unvaccinated patients who are at high risk for progression to severe illness from COVID-19.
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Sensex, Nifty End Choppy Session Flat Amid F&O Expiry
Indian shares ended a choppy session little changed on Thursday amid the weekly and monthly F&O expiry.
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European Shares Tumble As Slowdown Fears Mount
European stocks fell sharply on Thursday and were on course for their worst quarter since the pandemic-led carnage in early 2020 amid worries about prolonged inflation leading to a global economic downturn.
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more news
FTSE 100 Declines On Slowdown Worries
U.K. stocks fell on Thursday and were on course for their first quarterly drop since September 2020 amid worries about prolonged inflation leading to a global economic downturn.
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CAC 40 Tumbles As Recession Fears Mount
French stocks tumbled on Thursday after the world's top central bank chiefs warned that the high inflation pressure may last longer than expected.
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DAX Plunges On Inflation Fears
German stocks plummeted on Thursday after global central bank chiefs said bringing down high inflation around the world will be painful and even dent economic growth.
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Asian Shares Mixed After Solid China Data
Asian stocks ended mixed on Thursday as investors weighed worries over an economic slowdown against improved Chinese data.
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UK House Price Inflation At 6-Month Low
UK house price inflation eased more than expected to a six-month low in June, but remained strong overall reflecting the improvement in the labor market, survey results from the Nationwide Building Society showed on Thursday. The house price index logged a double-digit growth of 10.7 percent year-over-year in June, slightly slower than an 11.2 percent rise in May.
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Australian Dollar Advances As China's Factory Activity Improves
The Australian dollar climbed against its most major counterparts in the Asian session on Thursday, as China's manufacturing sector returned to the expansion zone in June.
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