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Goldman Sachs Plans Further Job Cuts For Underperformers: FT

Goldman Sachs Plans Further Job Cuts For Underperformers: FT

Goldman Sachs is planning a new round of job cuts for underperforming employees, Financial Times reported citing people familiar with the matter. The planned cut is said to be under its annual strategic resource allocation scheme and is likely to impact 1 percent to 5 percent of the total workforce, mostly at the lower end of the range.
RTTNews | 643 gün önce
Kroger Reaffirms FY23 Outlook - Update

Kroger Reaffirms FY23 Outlook - Update

While reporting financial results for the second quarter on Friday, supermarket chain Kroger Co. (KR) reaffirmed its adjusted earnings and identical sales outlook for the full-year 2023. Identical sales growth for the second quarter, without fuel, increased 1.0 percent, with underlying growth of 2.6 percent.
RTTNews | 643 gün önce
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to see a mixed start Friday morning, tracking slightly higher commodity prices and weak Asian and European markets.
RTTNews | 643 gün önce
Japanese Yen Lower Against Majors

Japanese Yen Lower Against Majors

The Japanese yen fell against its major counterparts in the European session on Friday, as the economy expanded less than initially estimated in the second quarter, supporting expectations that the Bank of Japan will maintain ultra-loose monetary policy for the time being.
RTTNews | 643 gün önce
Sensex, Nifty Extend Winning Run

Sensex, Nifty Extend Winning Run

Indian shares extended their winning run to a sixth consecutive session on Friday despite weak cues from global markets.
RTTNews | 643 gün önce
French Industrial Production Recovers In July

French Industrial Production Recovers In July

France's industrial production rose in July, led by a rebound in manufacturing, preliminary data from the statistical office INSEE showed Friday, though the momentum is unlikely to be sustained in the coming months amid weakening demand globally and high interest rates.
RTTNews | 643 gün önce
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FTSE 100 Gives Up Early Gains

FTSE 100 Gives Up Early Gains

U.K. stocks drifted lower on Friday, giving up early gains on lingering worries about inflation and interest rates.
RTTNews | 643 gün önce
CAC 40 Edges Lower Amid Fed Rate Hike Uncertainty

CAC 40 Edges Lower Amid Fed Rate Hike Uncertainty

French stocks fell on Friday, with concerns over increasing Sino-U.S. tensions, slowing global growth and uncertainty over the path of U.S. monetary policy keeping investors nervous.
RTTNews | 643 gün önce
Walmart Cuts Starting Pay For Some Entry-level Store Workers

Walmart Cuts Starting Pay For Some Entry-level Store Workers

Walmart has trimmed the starting pay for certain newly hired employees who prepare online orders and stock shelves, reports said. The move by the retail behemoth, amid rising labor costs, is said to be aimed at efforts to improve staffing. Starting wages were reduced in July for newly joining personal shoppers and stockers who help prepare orders for curbside pickup or delivery.
RTTNews | 643 gün önce
DAX Slips After Inflation Data

DAX Slips After Inflation Data

German stocks traded lower on Friday after data showed inflation slowed marginally in August as estimated but the rate remained elevated due to the increases in energy and food prices.
RTTNews | 643 gün önce

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