Federal Express To Lay Off Up To 2,000 Employees Amid Workforce Reduction Plan In Europe

FedEx Stock Up On Freight Spin Off, Despite Weak Earnings, Outlook Cut

Shares of FedEx Corp. gained around 9 percent in the extended trading on the NYSE on Thursday and is currently trading 8 percent higher on the pre-market activity after the logistics major announced its plan to spin-off its Freight division, and additional $500 million share buyback. Meanwhile, the company trimmed its fiscal 2025 earnings and revenue view after reporting weak results in its second

RTTNews | 213天前

FedEx Announces New Data-driven E-commerce Platform Fdx

FedEx Corp. announced the launch of a new digital platform, called fdx, in fall 2024 with a view to offer end-to-end e-commerce solutions for businesses of all sizes. By offering the first-of-its-kind data-driven commerce platform, the logistics major, which faces extreme competition from Amazon, aims to connect the entire customer journey by making it easier for companies to manage their supply..

RTTNews | 553天前

South Korea Producer Prices Rise 0.1% In June

Producer prices in South Korea were up 0.1 percent on month in June, the Bank of Korea said on Tuesday - after slipping 0.4 percent in May.

RTTNews | 28分鐘前

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against its major counterparts in the New York session on Monday.

RTTNews | 1小時6分鐘前

Canadian Market Marginally Up; Materials Shares Rally

The Canadian market is up in positive territory Monday afternoon, lifted by strong gains in the materials sector thanks to higher metal prices. A few stocks from communications, real estate and technology sectors are also notably higher. The mood is cautious with investors looking for news from the trade front.

RTTNews | 3小時43分鐘前

Swiss Market Ends On Weak Note

Save for a brief while around mid morning, the Switzerland market languished in negative territory during the day's trading session on Monday as investors remained reluctant to make significant moves amid a lack of positive news from the trade front.

RTTNews | 4小時4分鐘前

European Stocks Close On Mixed Note After Cautious Session

European stocks turned in a mixed performance on Monday with investors mostly making cautious moves with their focus on EU - US trade negotiations and corporate news.

RTTNews | 4小時18分鐘前

U.S. Leading Economic Index Dips Slightly More Than Expected In June

A report released by the Conference Board on Monday showed its reading on leading U.S. economic indicators fell by slightly more than expected in the month of June. The Conference Board said its leading economic index declined by 0.3 percent in June following a revised unchanged reading in May.

RTTNews | 7小時26分鐘前

EURUSD	1.16926	GBPUSD	1.3486	AUDUSD	0.65213
USDJPY	147.242	USDCAD	1.36825	USDCHF	0.79763

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Federal Express To Lay Off Up To 2,000 Employees Amid Workforce Reduction Plan In Europe