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Slowing British Wage Growth Signals Cooling Labor Market Conditions

Slowing British Wage Growth Signals Cooling Labor Market Conditions

The UK wage growth slowed in the three months to August, signaling cooling labor market conditions and strengthened expectations that the Bank of England is unlikely to raise interest rates again to withstand wage-driven inflationary pressures. Average earnings excluding bonuses grew 7.8 percent in the three months to August, data from the Office for National Statistics showed on Tuesday.
RTTNews | 666 gün önce
Prologis Boosts FY23 Core FFO Outlook - Update

Prologis Boosts FY23 Core FFO Outlook - Update

While reporting its financial results for the third quarter on Tuesday, logistics real estate firm Prologis Inc. (PLD) raised its core funds from operations outlook for the full-year 2023.
RTTNews | 666 gün önce
Goldman Sachs Q3 Results Down, Yet Beat Market View

Goldman Sachs Q3 Results Down, Yet Beat Market View

Banking major Goldman Sachs Group Inc. announced Tuesday weak earnings and net revenues in its third quarter, mainly reflecting higher expenses and significantly lower net revenues in Asset & Wealth Management. Earnings and topline, however, beat market estimates. David Solomon, Chairman and Chief Executive Officer, said, "We continue to make significant progress executing on our strategic..."
RTTNews | 666 gün önce
Bay Street Likely To Open On Cautious Note

Bay Street Likely To Open On Cautious Note

The Canadian market is likely to open on a cautious note on Tuesday with investors reacting to Canadian inflation data, and U.S. industrial production and retail sales reports.
RTTNews | 666 gün önce
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German Economic Sentiment Improves Strongly Despite Recession Worries

German Economic Sentiment Improves Strongly Despite Recession Worries

Germany's ZEW investor confidence index rose sharply in October as financial market experts expectations improved on hopes of further easing in inflation and stability in interest rates, while the current assessment indicator set a new three-year low signaling that the biggest euro area economy is in recession.
RTTNews | 666 gün önce
Nkarta Says FDA Clears IND Application For NKX019 To Treat Lupus Nephritis

Nkarta Says FDA Clears IND Application For NKX019 To Treat Lupus Nephritis

Biopharmaceutical company Nkarta, Inc. (NKTX) announced Tuesday the clearance of an Investigational New Drug (IND) application by the U.S. Food and Drug Administration (FDA) to evaluate NKX019, its allogeneic, CD19-directed CAR NK cell therapy candidate, for the treatment of lupus nephritis.
RTTNews | 666 gün önce
BNY Mellon Q3 Results Top Estimates

BNY Mellon Q3 Results Top Estimates

Bank of New York Mellon Corp. (BK) reported Tuesday that net income applicable to common shareholders for the third quarter soared to $956 million or $1.22 per share from $319 million or $0.39 per share in the prior-year quarter.
RTTNews | 666 gün önce
Pound Weakens As UK Earnings Growth Slows

Pound Weakens As UK Earnings Growth Slows

The pound dropped against its major counterparts in European deals on Tuesday, as the nation's earnings growth slowed in three months to August.
RTTNews | 666 gün önce

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