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European Markets Finish 2023 With Mild Gains

European stocks ended slightly higher on Friday to post their best annual gain since 2021 on hopes that global central banks led by the Federal Reserve could cut interest rates next year.

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Chicago Business Barometer Indicates Substantial Downturn In December

Chicago-area business activity saw a substantial downturn in the month of December, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer tumbled to 46.9 in December from 55.8 in November, with a reading below 50 indicating contraction. Economists had expected the index to drop to 51.0.

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STRATA Skin Sciences Expands Direct Distribution Agreement With Kosmo Meditech

Medical technology company STRATA Skin Sciences, Inc. (SSKN) announced Friday the expansion of a direct distribution agreement with its Korean distributor Kosmo Meditech, which is now assigned to Kosmo's corporate parent, Cutech, Inc., effective as of January 1, 2024, for a combination of direct capital sales and direct recurring revenue sales in Korea.

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Swiss Franc Rallies Against Majors

The Swiss franc moved up against its major counterparts on Friday ahead of the New Year's weekend.

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Hut 8 Says Reorganization Plan In Celsius Network LLC Bankruptcy Proceedings Approved By Court

Digital asset miner Hut 8 Corp. (HUT, HUT.TO) announced Friday that the reorganization plan sponsored by it filed in the Celsius Network LLC bankruptcy proceedings was approved by the U.S. Bankruptcy Court for the Southern District of New York.

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Newmark Arranges Sale Of 1.1-Mln Sq. Ft. 62-story Aon Center In Downtown Los Angeles For $153.5 Mln

Newmark Group, Inc. (NMRK), a commercial real estate adviser and service provider, announced Friday it has arranged the sale of Aon Center, a 62-story trophy Class A office tower located in the heart of the Financial District in Downtown Los Angeles.

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Nationwide Expects UK House Prices To Log Small Fall Or Stagnate Next Year

UK house prices are likely to report another small decrease or remain broadly flat next year amid sluggish economic activity, the mortgage lender Nationwide Building Society said on Friday. House prices declined 1.8 percent in December from a year ago after falling 2.0 percent in November. Prices were almost 4.5 percent below the all-time high recorded in late summer 2022.

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