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U.S. Existing Home Sales Soar In February, Snapping 12-Month Streak Of Declines

U.S. Existing Home Sales Soar In February, Snapping 12-Month Streak Of Declines

A report released by the National Association of Realtors on Tuesday showed existing home sales in the U.S. rebounded by much more than expected in the month of February. NAR said existing home sales spiked by 14.5 percent to an annual rate of 4.58 million in February after falling by 0.7 percent to a rate of 4.00 million in January.
RTTNews | 884 ngày trước
Attorneys General Of 23 US States Urge Hyundai, Kia To Take Swift Action Against Car Thefts

Attorneys General Of 23 US States Urge Hyundai, Kia To Take Swift Action Against Car Thefts

A group of 23 U.S. states attorneys general have asked South Korean car manufacturers Hyundai Motor and Kia Corp. to take action more quickly to solve problems with millions of U.S. vehicles facing theft. The issue is related to the companies' failure to equip vehicles with anti-theft immobilizers, which has been a standard equipment on vehicles sold by other major manufacture
RTTNews | 884 ngày trước
Euro Climbs Amid Risk Appetite

Euro Climbs Amid Risk Appetite

The euro advanced against its major counterparts in the European session on Tuesday amid risk appetite, as fears over a banking crisis eased, and investors awaited the Federal Reserve's interest-rate decision.
RTTNews | 885 ngày trước
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German ZEW Economic Confidence Declines Sharply In March

German ZEW Economic Confidence Declines Sharply In March

German economic confidence declined sharply in March reflecting the turmoil in the global financial markets, a closely-watched survey showed Tuesday. The ZEW Indicator of Economic Sentiment declined to 13.0 in March from 28.1 in February, the Mannheim-based think tank said.
RTTNews | 885 ngày trước
BlackBerry To Sell Non-core Patents And Patent Applications To Malikie For Up To $900 Mln

BlackBerry To Sell Non-core Patents And Patent Applications To Malikie For Up To $900 Mln

BlackBerry Ltd. (BB, BB.TO), a provider of intelligent security software and services, announced Tuesday that it has entered into an agreement to sell substantially all of its non-core patents and patent applications to Malikie Innovations Ltd. for a combination of cash at closing and potential future royalties in the aggregate amount of up to $900 million.
RTTNews | 885 ngày trước
UK Budget Deficit Widens On Energy Subsidies

UK Budget Deficit Widens On Energy Subsidies

The UK budget deficit increased more than expected to its highest February level due to huge spending on energy support schemes, the Office for National Statistics reported Tuesday. Public sector net borrowing excluding banks increased by GBP 9.7 billion from the last year to GBP 16.7 billion in February.
RTTNews | 885 ngày trước
Sensex, Nifty Follow Global Peers Higher

Sensex, Nifty Follow Global Peers Higher

Indian shares rose notably on Tuesday as fears of contagion in the banking sector subsided after the rescue of Credit Suisse by UBS and moves by central banks to improve dollar liquidity.
RTTNews | 885 ngày trước

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