Forex News

German Self-Employed Less Pessimistic About Outlook: Ifo Survey

German Self-Employed Less Pessimistic About Outlook: Ifo Survey

The business climate for self-employed individuals in Germany showed a considerable recovery at the end of the year as they were less pessimistic about the economic outlook, results of a survey conducted by the ifo Institute, in collaboration with Jimdo, showed on Monday.
RTTNews | 853 days ago
Rite Aid Names Elizabeth Burr As Interim CEO; Reaffirms FY23 Outlook

Rite Aid Names Elizabeth Burr As Interim CEO; Reaffirms FY23 Outlook

Rite Aid Corp. (RAD) announced Monday that its Board of Directors has appointed Elizabeth Burr, a member of the Company's Board, as interim CEO, effective immediately. Burr's appointment follows Heyward Donigan's departure from the Company as President and CEO, and as a member of the Board.
RTTNews | 853 days ago
Eurozone Unemployment Rate Steady At Record Low 6.5%

Eurozone Unemployment Rate Steady At Record Low 6.5%

Euro area jobless rate remained unchanged at a record low in November despite the economy moving closer to a recession, official data revealed Monday. The jobless rate came in at 6.5 percent, as expected, unchanged from October, the statistical office Eurostat said. This was notably down from 7.1 percent in the same period last year.
RTTNews | 853 days ago
Eurozone Sentix Investor Confidence Strongest In 7 Months On Hopes Of Mild Recession

Eurozone Sentix Investor Confidence Strongest In 7 Months On Hopes Of Mild Recession

Eurozone investor confidence rose to its highest level in seven months in January as investors anticipate a recession that is less severe than estimated previously, a survey by the behavioral research institute Sentix showed Monday. The investor sentiment index advanced to -17.5 in January from -21.0 in December, survey data from Sentix showed.
RTTNews | 853 days ago
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Lululemon Athletica Boosts Q4 Revenue Outlook - Quick Facts

Lululemon Athletica Boosts Q4 Revenue Outlook - Quick Facts

Ahead of the meeting with analysts and investors at the ICR Conference, athletic apparel company lululemon athletica inc. (LULU) on Monday narrowed its earnings guidance range for the fourth quarter, while raising net revenue outlook for the quarter.
RTTNews | 853 days ago
Alibaba Shares Climb As Jack Ma To Give Up Control Of Fintech Giant Ant Group

Alibaba Shares Climb As Jack Ma To Give Up Control Of Fintech Giant Ant Group

Shares of e-commerce giant Alibaba Group gained in Hong Kong trading as well as in pre-market activity on the NYSE following the announcement that Jack Ma, its co-founder, and executive chairman, is giving up control of its sister concern Ant Group Co., Ltd. Ma, who also founded Ant Group, currently controls nearly 53 percent of the fintech major through his direct stake and by acting in concert
RTTNews | 853 days ago
Will German Industrial Production Rebound Help Avoid A Recession?

Will German Industrial Production Rebound Help Avoid A Recession?

Germany's industrial production recovered at a faster than expected pace in November, underpinned by higher output of energy-intensive industries, but the weaker rate of growth suggest the biggest euro area economy slid into a mild recession in the final three months of 2022. Industrial production grew 0.2 percent from October, when output decreased a revised 0.4 percent, Destatis reported.
RTTNews | 853 days ago

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