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UK Jobless Rate Remains Stable, Wage Growth Accelerates

The UK unemployment rate remained unchanged, but wage growth picked up in the fourth quarter, supporting the Bank of England's cautious approach to further policy cuts. The jobless rate came in at 4.4 percent in the three months to December, the same as in the preceding period, the Office for National Statistics said on Tuesday. Economists had forecast the rate to rise to 4.5 percent.
RTTNews | 169 дней спустя
Southwest Airlines To Cut 15% Of Corporate Jobs

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...
RTTNews | 169 дней спустя
CAC 40 Roughly Flat In Lackluster Trade

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.
RTTNews | 169 дней спустя
DAX Modestly Lower In Cautious Trade

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.
RTTNews | 169 дней спустя
Pound Rises After U.K. Employment Data

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.
RTTNews | 169 дней спустя
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Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.
RTTNews | 169 дней спустя
Asian Shares Mixed In Choppy Trade

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.
RTTNews | 169 дней спустя
Australian Dollar Rises After RBA Rate-cut Decision

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.
RTTNews | 169 дней спустя
Australia Cuts Key Interest Rate For First Time Since 2020

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.
RTTNews | 169 дней спустя

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