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ADB Upgrades Developing Asia Growth Outlook Despite China Slowdown
The Asian Development Bank upgraded the developing Asia growth outlook despite the slowdown in China as strong domestic demand and improvement in semiconductors and services exports in the remaining region boost expansion. The Manila-based lender raised its developing Asia growth outlook for this year to 4.9 percent from 4.8 percent projected in December. Growth is forecast to remain steady at 4.
RTTNews |
519 gün önce
Constellation Brands Guides FY25 Adj. EPS Above Estimates; Q4 Results Top Estimates
While reporting financial results for the fourth quarter on Thursday, beverage alcohol company Constellation Brands, Inc. (STZ) initiated its earnings, comparable earnings and net sales guidance for the full-year 2025.
RTTNews
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519 gün önce
Ginkgo Bioworks Acquires Microbial Innovation Firm AgBiome's Platform Assets
Ginkgo Bioworks (DNA), which is building the leading platform for cell programming and biosecurity, announced Thursday the acquisition of microbial innovation firm AgBiome, Inc.'s platform assets, including over 115,000 fully sequenced and isolated strains, over 500 million unique gene sequences, and relevant functional data and metadata, as well as AgBiome's development pipeline.
RTTNews
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519 gün önce
European Shares Inch Lower With All Eyes On Lagarde
European stocks were broadly lower in cautious trade on Thursday ahead of a European Central Bank rate (ECB) decision later in the day.
RTTNews
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519 gün önce
FTSE 100 Declines As Rate Cut Hopes Fade
U.K. stocks slipped into the red on Thursday after Bank of England (BoE) policymaker Megan Greene said interest rate cuts in the U.K. should be a way off" and that Britain has a higher risk of persistent inflation than the U.S.
RTTNews
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519 gün önce
Potato Salad, Ice Cream Sandwiches & Gelato Recalled For Undeclared Allergens
The U.S. Food and Drug Administration announced recalls of Kowalski Simply Sides - Jack's Potato Salad by Hamtramck, Michigan-based Home Style Foods, Inc. as well as Ice Cream Sandwiches and Gelato by Fort Myers, Florida-based Belgian Yummies, citing undeclared allergens. Kowalski Simply Sides - Jack's Potato Salad may contain undeclared egg...
RTTNews
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519 gün önce
CAC 40 Gains As Investors Await Rate-cut Cues
French stocks traded slightly higher on Thursday ahead of a European Central Bank rate (ECB) decision later in the day.
RTTNews
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519 gün önce
more news
DAX Edges Lower Ahead Of ECB Decision
German stocks edged down slightly on Thursday as investors looked ahead to a monetary policy decision by the European Central Bank and remarks by president Christine Lagarde for clues on the timeline for interest-rate cuts.
RTTNews
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519 gün önce
Asian Shares Mixed After US, Chinese Inflation Data
Asian stocks ended mixed on Thursday as hotter-than-expected U.S. inflation data stoked fresh uncertainty about the pace of Federal Reserve rate cuts this year.
RTTNews
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519 gün önce
China Inflation Eases More Than Expected; Producer Prices Fall Further
China's consumer price inflation slowed more than expected in March and producer prices continued to decline, reflecting the existence of deep deflationary pressures.
The consumer price index gained only 0.1 percent on a yearly basis in March, the National Bureau of Statistics said Thursday. This was slower than the 0.7 percent rise in February and also weaker than economists' forecast.
RTTNews
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519 gün önce
European Economic News Preview: ECB Policy Decision Due
The monetary policy announcement from the European Central Bank is the top event due on Thursday. The ECB is widely expected to keep its main refinancing rate unchanged at 4.50 percent today. Markets anticipate first rate cut in June as policymakers await to see fresh round of staff projections, GDP growth and wage growth figures for the first quarter.
RTTNews
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519 gün önce
Chinese Yuan Slides To 8-day Low Against U.S. Dollar
The Chinese yuan weakened against the U.S. dollar in the Asian session on Thursday.
RTTNews
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519 gün önce
European Shares Seen Broadly Lower As Focus Shifts To ECB
European stocks are seen opening broadly lower on Thursday as investors digest the latest inflation data from China and await a European Central Bank (ECB) policy meeting.
RTTNews
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519 gün önce
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