Advertisement
Forex News
U.S. Producer Prices Unchanged In November, Annual Growth Slows To 0.9%
Ahead of the Federal Reserve's monetary policy announcement later in the afternoon, the Labor Department released a report Wednesday morning showing producer prices in the U.S. unexpectedly came in flat during the month of November. The report also said the annual rate of producer price growth slowed to 0.9 percent in November from 1.2 percent in October.
RTTNews |
577 days ago
Tesla Recalls 2 Mln Cars To Fix Autopilot Safety Issues
Tesla Inc. is recalling more than 2 million vehicles in the United States to fix safety issues in its Autopilot advanced driver-assistance system. The recall, by the luxury car maker founded and headed by billionaire Elon Musk, involves four different Tesla models made between 2012 and 2023. The recall reportedly includes almost all Tesla vehicles sold in the U.S. since the Autopilot feature...
RTTNews
|
577 days ago
Blackboxstocks To Acquire Evtec Aluminium
Fintech company Blackboxstocks Inc. (BLBX) announced Wednesday that it executed a definitive agreement to acquire Evtec Aluminium Ltd. The transaction is expected to close in the first quarter of 2024.
RTTNews
|
577 days ago
U.S. Producer Prices Unexpectedly Flat In November
The Labor Department released a report on Wednesday showing producer prices in the U.S. unexpectedly came in flat during the month of November. The report said the producer price index for final demand was unchanged in November after falling by a revised 0.4 percent in October.
RTTNews
|
577 days ago
Leidos Awarded $700 Mln New Prime Contract By National Security Agency
Leidos (LDOS) announced Wednesday it was recently awarded a new prime contract to provide prototype and technology development support to the National Security Agency (NSA). The single-award, indefinite-delivery-indefinite-quantity contract has a value of $700 million.
RTTNews
|
577 days ago
Pound Declines As Soft U.K. GDP Data Lifts Rate Cut Hopes
The pound weakened against its major counterparts in the European session on Wednesday, as weak U.K. GDP data for October raised hopes that the Bank of England will cut interest rate sooner than expected.
RTTNews
|
577 days ago
Eurozone Industrial Output Falls For Second Month
Eurozone industrial production dropped for the second straight month in October, reflecting weaker demand for manufactured goods, official data showed on Wednesday. Industrial production dropped 0.7 percent on month in October, which was slower than the 1.0 percent decrease in September, Eurostat reported. Output was forecast to fall 0.3 percent.
RTTNews
|
577 days ago
more news
Southwest Airlines Continues To Project Q4 ASM Growth Of About 21%
While updating its guidance for the fourth quarter on Wednesday, Southwest Airlines Co. said it now expects operating revenue per available seat mile (RASM) be down 9 to 10 percent, compared to down 9 to 11 percent earlier. The company continues to expect available seat miles to be up about 21 percent.
RTTNews
|
577 days ago
Integra LifeSciences To Acquire Acclarent For $275 Mln Cash
Medical technology firm Integra LifeSciences Holdings Corp. (IART) announced Wednesday that it has entered into a definitive agreement to acquire Acclarent, Inc. from Ethicon, Inc., a Johnson & Johnson MedTech company, for $275 million in cash at closing. This is subject to customary purchase price adjustments, and an additional $5 million upon the achievement of certain regulatory milestones.
RTTNews
|
577 days ago
UK Economy Logs Unexpected Contraction
The UK economy unexpectedly contracted in October as higher interest rates took its toll on activity, adding to expectations that the Bank of England is close to interest rate cuts. Gross domestic product shrank 0.3 percent in October, partially offsetting growth of 0.2 percent in September, the Office for National Statistics reported Wednesday.
RTTNews
|
577 days ago
UK Payments Regulator Proposes To Cap Cross-border Fees On Mastercard, Visa Cards
UK's Payment Systems Regulator or PSR provisionally proposed to introduce a price cap on cross-border interchange fees on credit and debit cards, mainly of U.S. payment tech majors Mastercard Inc. and Visa Inc. With this, the regulator aims to protect UK businesses from overpaying on these interchange fees.
RTTNews
|
577 days ago
Sensex, Nifty End Little Changed As Investors Await Fed Meet Outcome
Indian shares ended little changed on Wednesday after data showed retail inflation in the country neared RBI's upper tolerance band in November, driven mainly by higher food prices.
RTTNews
|
577 days ago
Swiss Govt Sees "Well Below Average Growth" Next Year
The Swiss economy is set to register well below average growth in 2024 as the weaker momentum in the euro area hurts Swiss exports and higher financing cost curbs investment, the State Secretariat for Economic Affairs, or SECO, said Wednesday. In the economic forecast, the expert group of the SECO said gross domestic product will grow 1.3 percent this year.
RTTNews
|
577 days ago
Stay up to date!
Add News to your browser
Add To Chrome
