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Eurozone Private Sector Slowdown Underscores Risk Of Recession

Eurozone Private Sector Slowdown Underscores Risk Of Recession

The euro area private sector contracted throughout the second half of the year adding to risk of recession since the third quarter, preliminary results of the purchasing managers' survey showed on Friday. The HCOB flash composite output index unexpectedly fell to 47.0 in December from 47.6 in the previous month, S&P Global said. The reading was seen at 48.0.
RTTNews | Pred 612 dňami
CPSC Recalls: Vehicles, Air Fryers, Grills, Bunk Beds, Saddles

CPSC Recalls: Vehicles, Air Fryers, Grills, Bunk Beds, Saddles

The U.S. Consumer Product Safety Commission or CPSC has announced recalls including vehicles, air fryers, grills, bunk beds, and saddles, among others, for various reasons. The recall involves Polaris Industries Inc.'s RZR 200 Youth as well as Ranger XP Kinetic recreational off-road vehicles, Kubota Tractor Corp.'s utility vehicles, BRP US' side-by-side vehicles,...
RTTNews | Pred 612 dňami
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DAX Gains On Rate Cut Optimism

DAX Gains On Rate Cut Optimism

German stocks advanced on Friday after a survey showed manufacturing downturn in the country eased slightly in December.
RTTNews | Pred 612 dňami
China Mixed Data Calls For More Stimulus

China Mixed Data Calls For More Stimulus

China's industrial production and retail sales strengthened notably in November but the low base of comparison made data less reliable to conclude that the recovery is as strong as the figures indicate and adds pressure for more support measures. Industrial production posted an annual growth of 6.6 percent in November following a 4.6 percent rise in October.
RTTNews | Pred 612 dňami
Asian Shares Mostly Higher After Mixed China Data

Asian Shares Mostly Higher After Mixed China Data

Asian stocks advanced on Friday after China reported mixed economic data and the country's central bank boosted liquidity injection through medium-term policy loans while keeping the interest rate unchanged.
RTTNews | Pred 612 dňami
GM To Lay Off About 1300 Staff At Michigan Plants

GM To Lay Off About 1300 Staff At Michigan Plants

General Motors Co. plans to lay off more than 1,300 employees at two auto plants in Michigan with effect from January 1, according to the company filings with state regulators. The planned job cuts reportedly reflects the end of production of the vehicles produced at these facilities. As per Michigan State's Worker Adjustment and Retraining Notification, the auto major will lay off 945 workers...
RTTNews | Pred 613 dňami
Yen Falls As Asian Stock Markets Traded Higher

Yen Falls As Asian Stock Markets Traded Higher

The Japanese yen weakened against other major currencies in the Asian session on Friday, as Asian stock markets traded higher, following the dovish comments from the U.S. Fed, signaling a series of interest rate cuts next year, continued to aid sentiment.
RTTNews | Pred 613 dňami

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