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Pound Retreats After BoE Rate Hike, Recession Warning
The pound retreated from early highs against its most major counterparts in the European session on Thursday, after the Bank of England raised its key rate by 50 basis points, but predicted a recession in the third quarter of this year.
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1047天前
U.S. Weekly Jobless Claims Inch Higher After Recent Downtrend
After reporting modest decreases in first-time claims for U.S. unemployment benefits for five straight weeks, the Labor Department released a report on Thursday showing an uptick in jobless claims in the week ended September 17th.
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1047天前
U.S. Weekly Jobless Claims Inch Up To 213,000
After reporting modest decreases in first-time claims for U.S. unemployment benefits for five straight weeks, the Labor Department released a report on Thursday showing an uptick in jobless claims in the week ended September 17th.
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1047天前
Bay Street Seen Opening On Mixed Note
Canadian shares are likely to open on a mixed note on Thursday, with investors continuing to assess the likely impact of the sharp interest rate hikes by the Fed, and the Bank of England, on global economic growth.
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1048天前
U.S. District Court Rules In Favor Of Merck In Patent Infringement Suit Against Viatris
Merck (MRK), known as MSD outside of the United States and Canada, announced Thursday that the U.S. District Court for the Northern District of West Virginia ruled in favor of the company in a patent infringement suit against Viatris, Inc. (VTRS) related to sitagliptin, an active ingredient in JANUVIA, JANUMET and JANUMET XR.
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1048天前
FactSet Guides FY23 Adj. EPS In Line With Estimates; Q4 Adj. EPS Tops View
While reporting financial results for the fourth quarter on Thursday, FactSet Research Systems, Inc. (FDS) initiated its earnings and revenue outlook for the full-year 2023.
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1048天前
Japanese Yen Gains Ground Following BoJ Intervention
The Japanese yen appreciated against its major counterparts in the European session on Thursday, after the Bank of Japan intervened in the foreign exchange market to stem the currency's slide amid the central bank's ultra-loose policy.
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1048天前
more news
Accenture Guides FY23 EPS Below Estimates; Raises Dividend 15%
While reporting financial results for the fourth quarter on Thursday, professional services company Accenture plc (ACN) initiated earnings and revenue growth outlook for the full-year 2023, and also provided revenue outlook for the first quarter.
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1048天前
Sensex, Nifty End Lower Amid Fed Worries, Weekly F&O Expiry
Indian shares closed lower on Thursday, extending losses for a second day running amid weak global cues and the expiry of weekly F&O contracts.
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1048天前
Swiss Central Bank Ends Negative Policy Rate
The Swiss National Bank raised its key policy rate for the second straight meeting on Thursday, ending an era of negative rates to tame inflation that stays near a three-decade high. The central bank hiked the SNB policy rate by 0.75 percentage points to 0.5 percent, as expected. The second consecutive rate hike took the interest rate to the positive zone for the first time since early 2015.
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1048天前
European Shares Decline On Interest-rate Concerns
European stocks were moving lower on Thursday after the U.S. Federal Reserve and Swiss National Bank both hiked their key policy rates by 75 basis points, as widely expected, to tackle surging inflation.
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1048天前
Swiss Franc Drops Despite SNB Rate Hike
The Swiss franc fell against its major counterparts in the European session on Thursday, after the Swiss National Bank hiked its policy rate by 75 basis points, as anticipated.
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1048天前
FTSE Edges Lower Ahead Of BoE Rate Decision
U.K. stocks edged lower on Thursday as investors digested the Fed's hawkish comments and looked ahead to the BoE rate decision later in the day for directional cues.
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1048天前
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