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UK Jobless Rate Climbs, Payroll Employment Declines

UK Jobless Rate Climbs, Payroll Employment Declines

The UK unemployment rate rose slightly and payroll employment declined for the first time in more than two years as the economic slowdown started to bite the labor market. The jobless rate rose to 3.9 percent in the three months to March from 3.8 percent in the preceding month, data published by the Office for National Statistics showed on Tuesday.
RTTNews | Pred 824 dňami
Blue Apron Inks Long-term Operations And Logistics Relationship With FreshRealm

Blue Apron Inks Long-term Operations And Logistics Relationship With FreshRealm

Blue Apron Holdings, Inc. (APRN) announced Tuesday plans for a long-term operations and logistics relationship with FreshRealm, a leading provider of fresh meals to top retailers nationwide. The companies have signed a non-binding letter of intent for up to $50 million payable to Blue Apron for the transfer of its operational infrastructure, as well as when transition, efficiency and product milestones are met.
RTTNews | Pred 824 dňami
Australia Consumer Confidence Plummets On Rate Hike, Budget

Australia Consumer Confidence Plummets On Rate Hike, Budget

Australia's consumer confidence weakened notably in May to the lowest level since the pandemic outbreak in 2020 as consumers expressed deep pessimism after a surprise rate hike from the Reserve Bank and a mildly disappointing budget, survey results from Westpac showed on Tuesday. The Westpac Melbourne Institute Index of Consumer Sentiment fell 7.9 percent to 79.0 in May from 78.5 in April.
RTTNews | Pred 824 dňami
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FTSE 100 Slightly Higher As Unemployment Edges Higher

FTSE 100 Slightly Higher As Unemployment Edges Higher

U.K. stocks rose slightly on Tuesday and the pound dropped against its major counterparts after the nation's jobless rate came in higher than expected in the three months to March, reducing concerns over more interest rate hikes from the Bank of England.
RTTNews | Pred 824 dňami
Vodafone FY23 Adj. EBITDAaL Down, Sees Broadly Flat Result In FY24; Stock Dips

Vodafone FY23 Adj. EBITDAaL Down, Sees Broadly Flat Result In FY24; Stock Dips

Shares of Vodafone Group Plc were losing around 4 percent in the morning trading in London as well as in pre-market activity on Nasdaq after the British telecom major reported Tuesday lower adjusted EBITDAaL, a key earnings metric, in its fiscal 2023. This was despite reporting significantly higher net profit, largely reflecting a gain on disposal of Vantage Towers.
RTTNews | Pred 824 dňami
Pound Falls As U.K. Jobless Rate Ticks Up

Pound Falls As U.K. Jobless Rate Ticks Up

The pound dropped against its major counterparts in the European session on Tuesday, as the nation's jobless rate came in higher than expected in the three months to March, reducing concerns over more interest rate hikes from the Bank of England.
RTTNews | Pred 824 dňami

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