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Hertz Global COO And President Paul Stone To Step Down
Hertz Global Holdings, Inc. (HTZ) announced Wednesday that Chief Operations Officer and President Paul Stone will step down from his roles, effective September 30, 2023, to pursue opportunities in the retail sector, where he began his career.
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638 ngày trước
REV Group Q3 Results Top Estimates; Boosts FY23 Outlook
REV Group, Inc. (REVG), a manufacturer of specialty vehicles, on Wednesday reported that net income for the third quarter plunged to $14.9 million or $0.25 per share from $9.5 million or $0.16 per share in the prior-year quarter.
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638 ngày trước
CDC Recommends Updated Pfizer, Moderna COVID-19 Vaccine
The Centers for Disease Control and Prevention or CDC has recommended everyone 6 months and older to get an updated COVID-19 vaccine ahead of the virus season this fall and winter. The agency expects the updated COVID-19 vaccines from Pfizer-BioNTech and Moderna, which was approved by the U.S. Food and Drug Administration earlier this week, to be available later this week.
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638 ngày trước
Sensex Gains 246 Points; Nifty Ends Above 20,000 For First Time
Indian shares eked out modest gains on Wednesday on the back of encouraging inflation and industrial output data released the day before.
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638 ngày trước
European Shares Decline On Inflation, Growth Worries
European stocks fell in cautious trade on Wednesday, as rising oil prices and weak regional data fueled worries about inflation and slowing global growth. Investors also awaited key U.S. inflation data later in the day for directional cues.
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638 ngày trước
FTSE 100 Slips After Weak GDP Data
U.K. stocks were slightly lower on Wednesday after data showed the economy shrank at the fastest pace in seven months.
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638 ngày trước
Pound Slides On Weak U.K. GDP Data
The British pound weakened against other major currencies in the early European session on Wednesday, after the U.K. economy contracted in June on weaker out-turns in the services and industrial sectors, suggesting that the region is heading for a mild recession in the second half of the year.
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638 ngày trước
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CAC 40 Slips As Eurozone Industrial Output Falls
French stocks declined on Wednesday after data showed Eurozone industrial production fell more than expected in July.
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638 ngày trước
Euro Little Changed After Eurozone Industrial Production
At 5.00 am ET Wednesday, Eurostat has published euro area industrial production for July. After the data, the euro changed little against its major rivals.
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638 ngày trước
DAX Slips On Inflation Worries
German stocks drifted lower on Wednesday as investors braced for key U.S. inflation data, due later in the day that could provide clues on whether policymakers will keep rates higher for longer.
Rising crude prices also fuelled inflation worries. International crude prices traded around 10-month highs today on concerns over Libya output and OPEC cuts.
The benchmark DAX was down 94 points, or 0.6 percent, at 15,621 after losing half a percent in the previous session.
Automakers were broadly higher, with BMW and Volkswagen both rising about half a percent, after the EU announced an investigation into Chinese subsidies for electric vehicles.
European Commission President Ursula von der Leyen said Europe was "open to competition but not for a race to the bottom."
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638 ngày trước
Euro Mixed Ahead Of Eurozone Industrial Production
At 5.00 am ET Wednesday, Eurostat is scheduled to issue euro area industrial production for July. Industrial output is expected to fall 0.7 percent month-on-month, in contrast to the 0.5 percent increase in June.
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638 ngày trước
UK Economy Shrinks In July
The UK economy contracted in June on weaker out-turns in the services and industrial sectors, suggesting that the region is heading for a mild recession in the second half of the year. Real gross domestic product fell 0.5 percent in July, offsetting June's 0.5 percent increase, the Office for National Statistics reported Wednesday.
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638 ngày trước
Asian Shares Mostly Lower Ahead Of US Inflation Report
Asian stocks ended mostly lower on Wednesday as investors braced for key U.S. inflation data due later in the day that could influence rate hike expectations.
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638 ngày trước
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