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Bay Street Looks Headed For Weak Start

Lower Canadian and U.S. futures and sliding European stocks amid rising concerns about global economic slowdown point to a weak start for the Canadian market Thursday morning.
RTTNews | Pred 1027 dňami
P&G Q2 Profit Down 7%, But Meets Estimates; Boosts FY23 Sales Outlook

P&G Q2 Profit Down 7%, But Meets Estimates; Boosts FY23 Sales Outlook

Consumer goods giant Procter & Gamble Co. reported on Wednesday that profit for the second quarter decreased seven percent from last year, hurt primarily by a decrease in operating margin and a sales decline. However, earnings per share met analysts' estimates, while quarterly sales topped them. Looking ahead, the company maintained its earnings growth guidance for full-year 2023.
RTTNews | Pred 1027 dňami
UK Lenders To Tighten Credit Conditions In Q1: BoE Survey

UK Lenders To Tighten Credit Conditions In Q1: BoE Survey

UK lenders are set to tighten their credit conditions, applicable to both secured and unsecured lending to households in the first quarter of the year, the latest Credit Conditions Survey from the Bank of England showed Thursday. Banks reported a fall in the availability of secured credit to households in the fourth quarter and they expect another fall over the first quarter.
RTTNews | Pred 1027 dňami
Australian, NZ Dollars Extend Fall On Recession Worries

Australian, NZ Dollars Extend Fall On Recession Worries

The Australian and NZ dollars extended decline against their major counterparts in the European session on Thursday, as disappointing U.S. data fuelled concerns about a recession in the aftermath of a tighter monetary policy.
RTTNews | Pred 1027 dňami
Boeing, NASA To Develop Green Single-aisle Airliners

Boeing, NASA To Develop Green Single-aisle Airliners

Boeing Co. is joining with NASA's Sustainable Flight Demonstrator or SFD project, aiming to build a new generation of green single-aisle airliners this decade. The U.S. Space agency has given the aerospace and defense major and its industry partners a contract for the development and flight testing of a full-scale Transonic Truss-Braced Wing or TTBW demonstrator airplane, an emission-reducing...
RTTNews | Pred 1027 dňami
Bank Negara Malaysia Unexpectedly Holds Rate Steady At 2.75%

Bank Negara Malaysia Unexpectedly Holds Rate Steady At 2.75%

Malaysia's central bank maintained its benchmark rate in a surprise move at this year's first policy meeting on Thursday, as policymakers assessed that the current rate remains accommodative and supportive of economic growth amid the resilient domestic demand.
RTTNews | Pred 1027 dňami
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European Shares Slide On Risk Aversion

European Shares Slide On Risk Aversion

European stocks declined on Thursday as weak U.S. economic data and hawkish comments from Federal Reserve officials dented demand for riskier assets.
RTTNews | Pred 1027 dňami
New Zealand Food Price Inflation At 32-Year High

New Zealand Food Price Inflation At 32-Year High

New Zealand food prices increased at the fastest rate in more than three decades in December, data from Statistics New Zealand showed on Thursday. Food prices grew 11.3 percent in December, following a 10.7 percent rise in November. The latest growth was the biggest since April 1990, when food prices rose 11.4 percent.
RTTNews | Pred 1027 dňami
CAC 40 Declines As Growth Worries Deepen

CAC 40 Declines As Growth Worries Deepen

French stocks were moving lower on Thursday after data showed U.S. retail sales fell by the most in a year in December, raising concerns about consume spending and the health of the economy.
RTTNews | Pred 1027 dňami
DAX Slips Into Red On Recession Worries

DAX Slips Into Red On Recession Worries

German stocks declined on Thursday as weak U.S. economic data and hawkish Fed comments reinforced market concerns about an imminent U.S. recession.
RTTNews | Pred 1027 dňami
Asian Shares Mixed As Growth Worries Weigh

Asian Shares Mixed As Growth Worries Weigh

Asian stocks ended mixed on Thursday amid lingering uncertainties about the outlook for the global economy. Disappointing U.S. data released overnight and hawkish Fed comments added to the downbeat sentiment.
RTTNews | Pred 1027 dňami

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