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Forex News
Evercore Promotes Tim LaLonde To Succeed Celeste Mellet As CFO
Investment banking advisory firm Evercore Partners Inc. (EVR) announced Friday that it has named Tim LaLonde as its Chief Financial Officer, effective March 6, 2023. LaLonde joined the firm in 2001 and currently serves as Co-Head of the U.S. Advisory business and holds several other global senior leadership roles around the firm.
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898 days ago
Google's Alphabet To Lay Off About 12,000 Employees
Alphabet Inc., the parent company of search giant Google, has joined other tech majors in the lay off process, by announcing plans to cut about 12,000 jobs. This represents more than 6% of its global workforce. The roles being eliminated cut across Alphabet, product areas, functions, levels and regions.
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898 days ago
Australian Competition Regulator Seeks Views On Sika-MBCC Group Acquisition
The Australian Competition & Consumer Commission or ACCC, announced Friday that it is seeking views on a proposed court-enforceable divestiture undertaking offered by Sika AG (SXYAY.PK, SKFOF.PK) in relation to its proposed acquisition of MBCC Group.
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898 days ago
Regions Financial Q4 Profit Rises 60%, Tops Estimates
Regions Financial Corp. (RF) on Friday reported fourth-quarter net income available to common shareholders increased to $660 million or $0.70 per share from $414 million or $0.43 per share in the year-ago quarter.
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898 days ago
Sensex, Nifty Extend Losses For Second Day On Recession Worries
Indian shares fell for a second day running on Friday, as the dollar edged higher on recession worries and oil prices continued to climb on hopes for fuel demand recovery in China on eve of the Lunar New Year holidays.
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898 days ago
European Shares Rebound On Chins Optimism Before Holiday
European stocks rose on Friday after China said the worst was over in the battle against COVID-19.
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898 days ago
Pound Declines As UK Retail Sales Drop Unexpectedly
The pound fell against its major counterparts in early European deals on Friday, as the nation's retail sales declined unexpectedly in December, raising concerns about the economic outlook.
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898 days ago
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FTSE 100 Edges Higher Despite Weak Retail Sales Data
U.K. stocks eked out modest gains on Friday as optimism over demand recovery in China boosted mining and energy stocks.
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898 days ago
CAC 40 Rebounds After Thursday's Selloff
French stocks were moving higher on Friday as investors pinned hopes for demand recovery in the world's second-biggest economy on eve of upcoming Lunar New Year holiday.
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898 days ago
South Korea Producer Price Inflation Lowest In Nearly 2 Years
South Korea's producer prices rose at the slowest annual pace in twenty months in December and the pace eased for a sixth month in a row, thanks to a let up in inflationary pressures in the manufacturing sector due to the fall in oil prices and a weaker dollar, preliminary figures from the Bank of Korea showed Friday.
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898 days ago
DAX Sees Modest Gains On China Optimism
German stocks were seeing modest gains on Friday, with optimism about China's reopening and expectations that the Federal Reserve would ease up on interest-rate rises helping underpinning sentiment.
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898 days ago
Ericsson Stock Down On Weak Q4 Profit, Q1 EBITA Warning
Shares of LM Ericsson were losing around 7 percent in the early morning trading in Sweden after the telecom major reported Friday weak profit in its fourth quarter, hurt by hefty charges, despite higher revenues. Looking ahead, the company said it expects first-quarter Group EBITA to be somewhat lower than last year, with improvements during the year.
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898 days ago
Germany Producer Price Inflation At 13-Month Low On Easing Energy Prices
Germany's producer price inflation eased for the third straight month in December to reach its lowest level in just over a year amid a moderation in energy prices, data from Destatis showed on Friday.
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898 days ago
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