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

FedEx Study Reveals $126 Bln Contribution In Direct & Indirect Impact To Global Economy In FY25

FedEx Corp. has contributed $126 billion in direct and indirect impact to the global economy in fiscal 2025, according to the logistics major's annual Global Economic Impact Report. The company delivered $1.6 billion in direct and indirect impact in the Middle East, Indian Subcontinent, and Africa or MEISA region.

RTTNews | 14日前

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 | 332日前

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 | 672日前

European Stocks Close Lower After Cautious Session

European stocks closed weak on Monday as investors largely stayed cautious, looking for fresh data for directional clues. Worries about Artificial Intelligence bubble, and uncertainty about monetary policy moves by major central banks including the Federal Reserve weighed on stocks.

RTTNews | 1時26分前

Canadian Market Recovers After Early Setback

After recovering from an early setback Monday morning that saw the benchmark S&P/TSX drop by more than 130 points, Canadian stocks recovered lost ground and are turning in a mixed performance with investors digesting the nation's inflation data, and looking ahead to fresh economic reports from the U.S. for directional clues.

RTTNews | 2時26分前

U.S. Construction Spending Unexpectedly Rises 0.2% In August

Construction spending in the U.S. unexpectedly saw a modest increase in the month of August, according to a report released by the Commerce Department on Monday.

RTTNews | 3時55分前

New York Manufacturing Index Unexpectedly Jumps To One-Year High In November

The Federal Reserve Bank of New York released a report on Monday showing its reading on regional manufacturing activity unexpectedly increased in the month of November.

RTTNews | 3時57分前

EU Upgrades Eurozone 2025 Growth Outlook Despite Challenges

The European Commission said the euro area economy is set to grow more than projected in spring this year driven by a surge in exports ahead of anticipated tariff increases and higher investment in equipment and intangible assets. In the Autumn Forecast released on Monday, the EU raised its economic growth outlook for the current year to 1.3 percent from 0.9 percent.

RTTNews | 6時52分前

EURUSD	1.15934	GBPUSD	1.31649	AUDUSD	0.65053
USDJPY	155.176	USDCAD	1.40295	USDCHF	0.79581