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Apple Considering Production In Indonesia

Apple Considering Production In Indonesia

Tech giant Apple Inc. is considering the possibility of manufacturing its devices Indonesia, reports said citing Chief Executive Tim Cook. During a meeting with Indonesian President Joko Widodo in Jakarta on Wednesday, Cook said the iPhone maker will look into the feasibility of local manufacturing. Both of them discussed possible investment in the country, among other matters.
RTTNews | Pred 514 dňami
Prologis Trims FY24 Outlook - Update

Prologis Trims FY24 Outlook - Update

While reporting its financial results for the first quarter on Wednesday, logistics real estate firm Prologis Inc. (PLD) trimmed its net earnings and core funds from operations outlook for the full-year 2024.
RTTNews | Pred 514 dňami
U.S. Bancorp Q1 Results Top Estimates

U.S. Bancorp Q1 Results Top Estimates

U.S. Bancorp (USB) reported Wednesday that net income attributable to U.S. Bancorp for the first quarter declined to $1.32 billion or $0.78 per share from $1.70 billion or $1.04 per share in the prior-year quarter.
RTTNews | Pred 514 dňami
ASML Stock Dips On Weak Q1 Results, Bookings

ASML Stock Dips On Weak Q1 Results, Bookings

Shares of ASML Holding N.V. were losing around 4 percent in the morning trading in Amsterdam as well as in pre-market activity on the Nasdaq Stock Exchange after the Dutch semiconductor equipment maker reported Wednesday weakness in first-quarter profit, sales and bookings. Further, the company lifted its annual dividend, issued second-quarter outlook, and maintained its fiscal 2024 outlook, expec
RTTNews | Pred 514 dňami
Six Southern Governors Warn Against UAW's Unionization Campaign

Six Southern Governors Warn Against UAW's Unionization Campaign

U.S. Governors of six Southern states have warned against United Auto Workers or UAW's unionization campaign for workers of major automakers, citing threat for the jobs and the values they live by. In a joint statement, the governors of Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas said they are highly concerned about the unionization campaign driven by misinformation...
RTTNews | Pred 514 dňami
UK Inflation Slows Less Than Forecast

UK Inflation Slows Less Than Forecast

UK consumer price inflation softened less than expected in March but hit the lowest in two-and-a-half years on food prices, adding uncertainty to the timing of the first interest rate cut from the Bank of England. Inflation weakened to 3.2 percent in March from 3.4 percent in February, the Office for National Statistics reported Wednesday.
RTTNews | Pred 514 dňami
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Pound Rebounds On More-than-expected U.K. Inflation Data

Pound Rebounds On More-than-expected U.K. Inflation Data

The British pound rebounded from early lows against other major currencies in the European session on Wednesday, after data showed that the nation's Consumer Price Index for March grew more than what economists had expected, making it likely to push back market expectations of an early rate cut.
RTTNews | Pred 514 dňami
FTSE 100 Modestly Higher After Inflation Data

FTSE 100 Modestly Higher After Inflation Data

U.K. stocks were seeing modest gains on Wednesday after data showed inflation rose by less than expected to 3.2 percent in March from 3.4 percent in February, making it likely that the Bank of England will lower its key interest rate later this year.
RTTNews | Pred 514 dňami
Pound Rebounds Against Majors

Pound Rebounds Against Majors

The British pound rebounded from early lows against other major currencies in the European session on Wednesday.
RTTNews | Pred 514 dňami
CAC 40 Rallies As LVMH Delivers Solid Results

CAC 40 Rallies As LVMH Delivers Solid Results

French stocks traded sharply higher on Wednesday, after having fallen heavily on Tuesday on concerns about rising tensions between Iran and Israel, and U.S. rate cut uncertainty.
RTTNews | Pred 514 dňami
DAX Rebounds After Tuesday's Selloff

DAX Rebounds After Tuesday's Selloff

German stocks were moving higher on Wednesday after suffering heavy losses in the previous session on concerns over heightened geopolitical tensions in the Middle East and uncertainty over the Federal Reserve's rate trajectory.
RTTNews | Pred 514 dňami

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