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German Economy Contracts In Q4
The German economy contracted at the end of the year, damping the possibility of the euro area skirting a technical recession, as suggested by recent surveys. Gross domestic product logged an unexpected quarterly fall of 0.2 percent, reversing the revised 0.5 percent expansion in the third quarter, preliminary data from Destatis revealed Monday. GDP was forecast to remain flat.
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830天前
Italy Producer Price Inflation Rises To 31.7%, Non-EU Trade Surplus Grows
Italy's producer price inflation accelerated at the end of the year, largely driven by rises in electricity supply prices on the domestic market, figures from the statistical office ISTAT showed on Monday. Separate official data showed that the trade surplus with non-EU countries rose in December, as exports grew more rapidly than imports.
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830天前
Krispy Kreme Launch Valentine's Day Dozen Box Of Doughnuts Full Of Real HERSHEY'S Chocolate
Krispy Kreme, Inc. (DNUT) announced Monday the availability of their new limited-edition Valentine's Day Dozen, the all-new heart-shaped doughnuts that are full of real HERSHEY'S milk chocolate and KISSES, strawberry and caramel syrup.
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830天前
Sensex, Nifty End Choppy Session Higher
Indian shares fluctuated before finishing modestly higher on Monday, led by IT and PSU bank stocks.
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830天前
Canadian Dollar Lower As Oil Prices Drop
The Canadian dollar declined against its most major counterparts on Monday, as oil prices fell ahead of a meeting of the Organization of the Petroleum Exporting Countries and allies to review current price policy.
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830天前
Philips Posts Q4 Loss, Plans 6,000 Job Cuts, Sees Growth Ahead; Stock Up
Dutch consumer electronics giant Philips Electronics NV reported Monday a loss in its fourth quarter, compared to prior year's profit, even as sales increased. The company further declared a dividend, and said its order book remains strong. Going ahead, the company projects comparable sales growth in fiscal 2023, 2025, and beyond.
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830天前
European Shares Drift Lower In Cautious Trade
European stocks declined on Monday as caution set in ahead of a busy week of U.S. tech earnings and a slew of central bank meetings.
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830天前
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Swiss KOF Leading Indicator At 7-Month High Suggests Less Gloom
A leading indicator for Switzerland's economy rose at the start of the year, for a second month in a row, to its highest level in seven months reflecting a less gloomier outlook, survey data from the Zurich-based KOF Swiss Economic Institute showed Monday.
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830天前
FTSE 100 Marginally Lower As Investors Look To BoE
U.K. stocks were moving lower on Monday ahead of key central bank decisions due this week.
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830天前
Swedish Economy Shrinks 0.6% In Q4
Sweden's economy contracted in the final quarter of 2022, after expanding in the previous two quarters, preliminary figures from Statistics Sweden showed on Monday. Gross domestic product declined 0.6 percent sequentially in the December quarter, reversing a 0.6 percent rise in the September quarter.
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830天前
CAC 40 Retreats Ahead Of Central Bank Meetings
French stocks were moving lower on Monday as investors braced for another round of rate hikes from major central banks.
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830天前
DAX Edges Lower Ahead Of GDP Data
German stocks opened lower on Monday as investors braced for a busy week of corporate earnings and central bank policy meetings.
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830天前
Asian Shares Mostly Lower In Cautious Trade; China Reopens On Positive Note
Asian stocks fell broadly on Monday as investors looked ahead to a busy week of central bank announcements and earnings updates from U.S. tech heavyweights Amazon, Apple, Alphabet and Meta Platforms.
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830天前
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