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Southwest Airlines To Cut 15% Of Corporate Jobs
Shares of Southwest Airlines Co. were gaining around 2 percent in the pre-market activity on the NYSE after the airline announced around 15% reduction in its corporate workforce, the first time in its 53-year history, as part of its cost cut initiatives. Aiming for a leaner and more agile organization under its transformational plan, the company plans to reduce around 1,750 employee roles...
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105 days ago
FTSE 100 Up Marginally As Investors React To Earnings, Jobs Data
After edging up marginally at the start, U.K. stocks retreated a bit and are quite subdued in late morning trade Tuesday, with investors digesting the nation's jobs data and corporate earnings updates.
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105 days ago
CAC 40 Roughly Flat In Lackluster Trade
French stocks are turning in a mixed performance in lackluster trade Tuesday morning as investors continue to follow the developments on the geopolitical front, and react to quarterly earnings updates.
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105 days ago
Sensex, Nifty End Marginally Lower Amid Volatility
Indian shares ended little changed on Tuesday after trading in the red all through the day.
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105 days ago
DAX Modestly Lower In Cautious Trade
German stocks are drifting lower Tuesday morning after opening marginally up, as investors continue to monitory the developments on the geopolitical front.
The focus is on U.S. - Russia talks on Ukraine, and the European leaders' views on the developments in Ukraine and discussions about the deployment of troops to Ukraine and raising defense spending.
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105 days ago
Pound Rises After U.K. Employment Data
The British pound strengthened against other major currencies in the European session on Tuesday, following the release of positive U.K. employment figures for the three months ending December.
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105 days ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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105 days ago
more news
European Shares Slip Into Red After Positive Start
European stocks slipped into the red on Tuesday after opening on a firm note earlier amid Ukraine war developments.
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105 days ago
Asian Shares Mixed In Choppy Trade
Asian stocks ended mixed on Tuesday amid U.S. tariff concerns and ahead of Ukraine peace talks in Saudi Arabia.
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105 days ago
Australian Dollar Rises After RBA Rate-cut Decision
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, following the Reserve Bank of Australia's (RBA) widely anticipated 25 basis point interest rate drop.
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105 days ago
Australia Cuts Key Interest Rate For First Time Since 2020
The Reserve Bank of Australia lowered its benchmark rate for the first time since 2020 as upside risks to inflation eased but policymakers remained cautious about further easing. The policy board of the RBA governed by Michele Bullock decided to reduce the cash rate target by 25 basis points to 4.10 percent. The decision came in line with expectations.
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105 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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105 days ago
European Economic News Preview: UK Unemployment Data Due
Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK labor market data. The jobless rate is forecast to rise to 4.5 percent in three months to December from 4.4 percent in the preceding period.
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105 days ago
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