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Eurozone Q2 GDP Growth Revised Down

The euro area economy logged only a marginal growth in the second quarter reigniting fears of a recession after the net trade acted as a drag on growth. Revised estimate published by the Eurostat on Thursday showed that the 20-nation currency bloc grew by a marginal 0.1 percent in the June quarter. The rate was revised down from 0.3 percent estimated on August 16.
RTTNews | Pred 644 dňami
U.S. Jobless Claims Unexpectedly Drop To Nearly Seven-Month Low

U.S. Jobless Claims Unexpectedly Drop To Nearly Seven-Month Low

First-time claims for U.S. unemployment benefits unexpectedly saw a continued decline in the week ended September 2nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 216,000, a decrease of 13,000 from the previous week's revised level of 229,000.
RTTNews | Pred 644 dňami
China Exports & Imports Register Slower Decline

China Exports & Imports Register Slower Decline

China's exports declined at a slower pace in August as the weaker yuan made shipments more competitive and imports decreased less than expected on improving commodity demand, official data revealed on Thursday. Exports slid 8.8 percent on a yearly basis in August but slower than the 14.5 percent decline in July, the General Administration of Customs reported.
RTTNews | Pred 644 dňami
WeWork To Renegotiate Nearly All Its Leases

WeWork To Renegotiate Nearly All Its Leases

WeWork Inc. said it is starting a process to renegotiate nearly all its leases worldwide as the loss-making flexible space provider tries to fix its financial troubles. As part of the move, the company, which offers workspaces and services, plans to exit unfit and underperforming locations and to reinvest in its strongest assets.
RTTNews | Pred 644 dňami
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Lowe's To Carry Toro Product Lineup Under Strategic Retail Partnership Deal

Lowe's To Carry Toro Product Lineup Under Strategic Retail Partnership Deal

The Toro Co. (TTC) and Lowe's Cos., Inc. (LOW) announced Thursday a strategic retail partnership through which Lowe's will carry Toro zero-turn riding mowers, walk mowers, portable power equipment and snow blowers in both the gas and rapidly expanding battery categories.
RTTNews | Pred 644 dňami
Dollar Climbs After U.S. Jobless Claims

Dollar Climbs After U.S. Jobless Claims

The U.S. weekly jobless claims for the week ended September 2 have been released at 8.30 am ET Thursday. The greenback strengthened against its major rivals after the data.
RTTNews | Pred 644 dňami
Dollar Mixed Ahead Of U.S. Jobless Claims

Dollar Mixed Ahead Of U.S. Jobless Claims

The U.S. weekly jobless claims for the week ended September 2 will be published at 8:30 am ET Thursday. The greenback traded mixed against its major rivals before the data. While it rose against the euro, it held steady against the pound and the franc. Versus the yen, it fell.
RTTNews | Pred 644 dňami

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