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Spain Tourist Arrivals Rise 39.9%
Spain's visitor arrivals increased at a faster pace in December amid a recovery in domestic tourism from the pandemic related woes and due to the year-end holidays, data from the statistical office INE showed on Thursday. Tourist arrivals climbed 39.9 percent year-on-year after a 29.2 percent rise in November. For the full year 2022, arrivals increased 129.5 percent to 71.6 million.
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TIM Group Announces Non-binding Offer From KKR For Stake In Company
TIM Group (TIAOF.PK, TI) announced Thursday that it has received a non-binding offer from KKR & Co., Inc. (KKR) for the purchase of a stake in a company to be set up that matches with the fixed-line network management and infrastructure perimeter, including FiberCop's assets and activities, as well as the stake in Sparkle, known as Netco.
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Spain Unemployment Lowest In 15 Years
Spain reported a sharp growth in the number of jobless in January, reflecting the usual trend of rising unemployment at the start of the year, but the overall total of those without jobs was the lowest for the month since 2008. The number of registered unemployed increased by 70,744 persons from December, data from the labor ministry showed Thursday.
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Stanley Black & Decker Guides FY23 Above Estimates - Update
While reporting financial results for the fourth quarter on Thursday, Stanley Black & Decker (SWK) initiated its earnings and adjusted earnings outlook for the full-year 2023, above analysts' estimates.
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Sensex, Nifty End Volatile Session Mixed
Indian shares ended a highly volatile session mixed Thursday despite positive global cues.
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FDA Approves GSK's Drug For Anemia Caused By CKD For Adults On Dialysis
The U.S. Food and Drug Administration approved GlaxoSmithKline LLC's Jesduvroq tablets (daprodustat) for anemia caused by chronic kidney disease or CKD for adults who have been receiving dialysis for at least four months. It is the first oral treatment for anemia, i.e., decreased number of red blood cells, in the given indication that has received FDA approval.
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German Exports Fall Sharply On Weak Global Demand
Germany's exports declined sharply in December, taking the trade surplus down as the global demand remained weak amid inflation concerns and recession worries. Exports registered a monthly decline of 6.3 percent in December, reversing a 0.1 percent rise a month ago, Destatis reported Thursday. Shipments were forecast to fall moderately by 3.3 percent.
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more news
Deutsche Bank Profit Surges, Sees Growth Ahead; Stock Down
German banking major Deutsche Bank AG reported Thursday a significantly higher profit in its fourth quarter and fiscal 2022, mainly reflecting a tax benefit in the U.S, despite weakness in Investment Bank and asset management revenues. The company said it recorded its highest annual profit, both before and after tax, since 2007. However, Deutsche Bank shares were losing around 4 percent...
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European Shares Advance Ahead Of ECB, BoE Meetings
European stocks traded higher on Thursday, as investors reacted to dovish comments from Federal Reserve Chair Jerome Powell and awaited interest-rate decisions from the European Central Bank and the Bank of England later in the day.
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FTSE 100 Gains Ahead Of BoE Rate Decision
U.K. stocks advanced on Thursday and the pound weakened as investors awaited interest-rate decisions from the European Central Bank and the Bank of England.
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Australia Business Conditions Remain Strong, Confidence Weakens - NAB
Australia's business conditions remained positive in the final quarter of 2022, but sentiment eroded significantly amid concerns about the global and domestic economic growth, survey results from National Australia Bank showed on Thursday. The NAB business conditions index dropped five points to 18 in the fourth quarter from 23 in the third quarter.
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CAC 40 Gains Ahead Of ECB, BoE Meetings
French stocks were sharply higher on Thursday after the U.S. Federal Reserve said that "disinflationary process has started" but "ongoing increases" in rates will be needed to curb price pressures.
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DAX Rallies Ahead Of Lagarde Speech
German stocks rallied on Thursday, as investors reacted to dovish comments from Federal Reserve Chair Jerome Powell and awaited interest-rate decisions from the European Central Bank and the Bank of England later in the day.
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