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Swiss Economy Recovers In Q3
Switzerland's economy rebounded in the third quarter underpinned by exports and consumption, official data showed on Friday. Gross domestic product grew 0.3 percent sequentially, in contrast to the 0.1 percent fall in the previous three months, the State Secretariat for Economic Affairs said.
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Genesco Slashes FY24 Earnings Outlook As Q3 Results Miss Estimates
Specialty retailer Genesco, Inc. (GCO) on Friday reported that net income for the third quarter plunged to $6.54 million or $0.60 per share from $20.38 million or $1.65 per share in the prior-year quarter.
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AIG Sets Secondary Offering Of Upto 40.25 Mln Existing Shares Of Corebridge Financial Common Stock
American International Group, Inc. (AIG) announced Friday the launch of a secondary offering of Corebridge Financial, Inc. (CRBG) common stock.
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Canadian Dollar Rises Amid Risk Appetite
The Canadian dollar strengthened against other major currencies in the European session on Friday amid risk appetite, as signs of easing inflation in the U.S. and the euro zone raised optimism over possible interest rate cuts earlier next year.
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Sensex Ends Above 67,400; Nifty Hits Record High
Indian shares rose notably on Friday as strong GDP data for the September quarter as well as encouraging core sector output figures for October raised optimism about India's growth story.
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Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the European session on Friday.
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UK House Prices Drop At Slowest Pace In 9 Months
UK house prices declined at the slowest pace in nine months in November as expectations of interest rate cuts in future eased affordability pressures, the mortgage lender Nationwide Building Society said Friday. House prices registered an annual decline of 2.0 percent after easing 3.3 percent in October. Prices marked the slowest fall since February 2023. They were forecast to drop 2.3 percent.
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European Shares Gain As Manufacturing PMI Improves
European stocks traded higher on Friday, with miners leading the surge on improved manufacturing data from China.
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FTSE 100 Climbs Led By Miners
U.K. stocks traded higher on Friday, with miners leading the surge on improved manufacturing data from China. Encouraging U.K. house price data also boosted sentiment.
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CAC 40 Inches Higher After PMI Data
French stocks traded higher on Friday after a survey showed Eurozone factory downturn remained strong in November, but reductions in output, new orders and inventories eased.
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DAX Gains As Investors Await Powell's Speech
German stocks rose on Friday as signs of easing inflation in the U.S. and the euro zone raised optimism over possible interest rate cuts earlier next year.
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Asian Shares Mostly Lower As Tech Stocks Drag
Asian stocks ended broadly lower on Friday as mixed economic signals from China pointed to feeble economic recovery in the world's second-largest economy.
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Apple To Be First And Largest Customer Of Amkor's $2 Bln Chip Packaging Plant
Apple Inc. announced it will be the first and largest customer of Amkor Technology, Inc.'s new $2 billion advanced silicon manufacturing and packaging facility being developed in Peoria, Arizona. The expanded partnership supports the tech major's efforts to manufacture its products in the United States. The new facility, which is expected to employ around 2,000 people upon completion, will package
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