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Softening UK Wage Growth Boosts Rate Cut Hopes

The UK wage growth softened in the three months to November suggesting that the upward inflationary pressures are cooling, and bolsters the case for interest rate cuts by the Bank of England. Average earnings including bonuses increased at a slower pace of 6.5 percent in the three months to November after a 7.2 percent gain in the preceding period, the Office for National Statistics said Tuesday
RTTNews | Pred 575 dňami
Apple To Remove Blood Oxygen Sensor From Series 9, Ultra 2 Smartwatches

Apple To Remove Blood Oxygen Sensor From Series 9, Ultra 2 Smartwatches

Apple Inc. is removing a blood-oxygen feature from its latest Series 9 and Ultra 2 smartwatches with a view to avoiding a U.S. ban amid the ongoing patent dispute with medical-technology company Masimo Corp. As per a filing by Masimo with the U.S. Court of Appeals for the Federal Circuit, Apple's redesigned watch products definitively do not contain pulse oximetry functionality.
RTTNews | Pred 575 dňami
European Shares Retreat As Rate Cut Hopes Fade

European Shares Retreat As Rate Cut Hopes Fade

European stocks traded lower on Tuesday as traders pared back expectations on near-term rate cuts by the U.S. Federal Reserve and the European Central Bank.
RTTNews | Pred 575 dňami
FTSE 100 Slips After Wage Data

FTSE 100 Slips After Wage Data

U.K. stocks traded lower on Tuesday while the British pound weakened against other major currencies after data showed that that the U.K. average earnings grew less-than-expected for three months ending November.
RTTNews | Pred 575 dňami
DAX Slips As Inflation Rises

DAX Slips As Inflation Rises

German stocks fell on Tuesday after data showed German consumer price inflation accelerated somewhat amid a rebound in energy costs, as initially estimated in December.
RTTNews | Pred 575 dňami
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Pound Falls On Soft U.K. Wage Growth Data

Pound Falls On Soft U.K. Wage Growth Data

The British pound weakened against other major currencies in the European session on Tuesday, after data showed that that the U.K. average earnings grew less-than-expected for three months ending November.
RTTNews | Pred 575 dňami
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the pre-European session on Tuesday.
RTTNews | Pred 575 dňami
Vodafone, Microsoft Partner In Generative AI, Digital Services, Cloud

Vodafone, Microsoft Partner In Generative AI, Digital Services, Cloud

British telecom major Vodafone Group Plc announced a 10-year strategic partnership with tech major Microsoft Corp. with a view to provide generative AI, digital and cloud services to customers. The move will help Vodafone to offer scaled digital platforms to more than 300 million businesses, public sector organisations, and consumers across Europe and Africa using Microsoft's generative AI.
RTTNews | Pred 575 dňami
Australia Consumer Sentiment Weakens On Higher Cost Of Living, Interest Rates

Australia Consumer Sentiment Weakens On Higher Cost Of Living, Interest Rates

Australia consumer confidence weakened further at the start of the year as the rising cost of living and high interest rates continued to weigh on incomes, survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index dropped to 81.0 in January from 82.1 in December.
RTTNews | Pred 575 dňami
Antipodean Currencies Fall Amid Rate Cut Speculations

Antipodean Currencies Fall Amid Rate Cut Speculations

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major counterparts in the Asian session on Tuesday, as investors temper rate cut expectations on the first monetary policy decisions of the year from major global central banks.
RTTNews | Pred 575 dňami

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