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Boeing Q1 Loss Sharply Narrows, But Misses Estimates

Boeing Co. (BA) reported on Wednesday a loss for the first quarter that sharply narrowed from last year, reflecting a 28 percent revenue growth amid higher commercial volume. However, core loss per share came in below analysts' expectations, while quarterly revenues topped it.
RTTNews | Pred 836 dňami
UK Blocks $69 Bln Microsoft-Activision Blizzard Deal

UK Blocks $69 Bln Microsoft-Activision Blizzard Deal

U.K.'s competition regulator has prevented the $68.7 billion deal by tech major Microsoft to buy game developer and publisher Activision Blizzard Inc. over concerns that it would alter the future of the fast-growing cloud gaming market. This is likely to lead to reduced innovation and less choice for UK gamers over the years to come, the regulator believes.
RTTNews | Pred 836 dňami
Bay Street Likely To Open With Positive Bias

Bay Street Likely To Open With Positive Bias

The Canadian market may open with a positive bias on Wednesday, as technology shares are likely to see some buying after U.S. tech majors Microsoft and Alphabet reported stronger than expected quarterly earnings.
RTTNews | Pred 836 dňami
Riksbank Raises Key Rate; Signals 25 Bps Hike Ahead

Riksbank Raises Key Rate; Signals 25 Bps Hike Ahead

Sweden's central bank hiked its benchmark interest rate by half a percentage point on Wednesday in a bid to bring inflation down to the target and also signaled another increase of a quarter-point in June or September. The executive board of the Riksbank decided to raise the policy rate by 0.5 percentage points to 3.50 percent.
RTTNews | Pred 836 dňami
French Consumer Confidence Improves Slightly In April

French Consumer Confidence Improves Slightly In April

French consumer confidence improved for the first time in three months in April, as households' future saving capacity and financial situation increased amid a sharp easing in inflation expectations, survey results from the statistical office Insee showed Wednesday. The consumer sentiment index rose slightly to 83 in April from a revised 82 in March. The score was expected to fall to 81.
RTTNews | Pred 836 dňami
German Consumer Morale To Brighten Up In May - GfK

German Consumer Morale To Brighten Up In May - GfK

Germany's consumer confidence will strengthen in May as households were more positive about their income prospects following higher expectations for wage growth amid slowing inflation. The consumer confidence index rose to -25.7 in May from a revised -29.3 in April, survey results from the market research group GfK showed Wednesday. The score was better than economists' forecast of -27.9.
RTTNews | Pred 836 dňami
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