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Allianz Turns To Q4 Profit, But Revenues, AuM Weak; Stock Down

Allianz Turns To Q4 Profit, But Revenues, AuM Weak; Stock Down

German financial services provider Allianz SE reported Friday a profit in its fourth quarter, compared to prior year's loss, reflecting strong operating profit mainly in the Life/Health business segment. Meanwhile, revenues and assets under management declined from last year. Further, the company lifted dividend, and said it looks forward with confidence to a strong 2023.
RTTNews | 919 ngày trước
UK Retail Sales Unexpectedly Recover In January

UK Retail Sales Unexpectedly Recover In January

UK retail turnover rebounded unexpectedly in January driven by sales promotions, official data showed on Friday. Retail sales grew 0.5 percent on a monthly basis in December, in contrast to the 1.2 percent decline in December and -0.6 percent in November, the Office for National Statistics reported. Sales were expected to drop 0.3 percent.
RTTNews | 919 ngày trước
FTSE 100 Slips Amid Rate Woes

FTSE 100 Slips Amid Rate Woes

U.K. stocks were moving lower on Friday as concerns over U.S. rate hikes overshadowed strong retail sales data.
RTTNews | 919 ngày trước
CAC 40 Slides On Fed Worries

CAC 40 Slides On Fed Worries

French stocks fell sharply on Friday after two Federal Reserve officials signaled they favor returning to bigger interest-rate hikes in the future to tame inflation.
RTTNews | 919 ngày trước
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DAX Tumbles On US Rate Hike Worries

DAX Tumbles On US Rate Hike Worries

German stocks tumbled on Friday as strong U.S. data and hawkish comments from Fed officials prompted a rise in U.S. Treasury yields.
RTTNews | 919 ngày trước
Australian, NZ Dollars Lower On Fed Rate Hike Concerns

Australian, NZ Dollars Lower On Fed Rate Hike Concerns

The Australian and NZ dollars fell against their major counterparts in the Asian session on Friday, as strong U.S. data released overnight and hawkish Fed remarks fueled inflation and rate-hike worries.
RTTNews | 919 ngày trước
Asian Shares Decline On Hawkish Fed Remarks

Asian Shares Decline On Hawkish Fed Remarks

Asian stocks retreated on Friday as hotter-than-expected U.S. producer price data coupled with hawkish comments from two Federal Reserve officials stoked worries about further interest-rate hikes.
RTTNews | 919 ngày trước
Thai GDP Growth Decelerates In Q4

Thai GDP Growth Decelerates In Q4

Thailand's economic growth slowed more than expected in the fourth quarter as increases in household spending and investment were partially offset by declines in government spending and exports, official data showed on Friday. Gross domestic product grew only 1.4 percent on a yearly basis in the fourth quarter, moderating from the 4.6 percent expansion in the third quarter.
RTTNews | 919 ngày trước
European Economic News Preview: UK Retail Sales Data Due

European Economic News Preview: UK Retail Sales Data Due

Retail sales data from the UK is the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for January. Sales are forecast to fall 0.3 percent on month, slower than the 1.0 percent decline in December.
RTTNews | 919 ngày trước
Ready-To-Cook Chicken Penne Pasta Meals Distributed To Schools Recalled

Ready-To-Cook Chicken Penne Pasta Meals Distributed To Schools Recalled

Islandia, New York -based Whitson's Food Service (Bronx) Corp. is recalling around 8,713 pounds of certain frozen, ready-to-cook chicken pasta meals due to misbranding and undeclared allergens, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The frozen, ready-to-cook chicken alfredo with broccoli and penne pasta meals contain egg, a known allergen.
RTTNews | 920 ngày trước

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