It's been quite the year for Wall Street. The broad-based S&P 500 produced its worst first-half to a year in more than a half-century, while the growth stock-driven Nasdaq Composite tumbled by more than 30%. Consumers are dealing with historically high inflation (9.1% in June
Euro zone bond yields were higher on Thursday, a day after the U.S. Federal Reserve increased borrowing costs by 75 basis points (bps), as investors braced for German inflation data and then a euro zone wide reading on Friday.
(RTTNews) - Rexel (RXLSF.PK) reported first-half net income of 459.8 million euros, up 69.9% from prior year. Recurring net income was 471.1 million euros, up 94.9%. Adjusted EBITA was 703.7 million euros, an increase of 63.4%. Sales were 9.08 billion euros, up 28.7%. On a consta
British transport firm National Express Group on Thursday reported a surge in its half-year profit on the back of rebound in summer travel demand from a slump during the coronavirus-led lockdowns last year.
Labcorp plans to spin off its unit focused on clinical drug trials, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Dungeons and Dragons may spring to mind for many when the acronym D&D is mentioned, but it might soon signify a different type of role-playing game for FX traders -- namely data and the dollar.
The union representing German pilots in collective bargaining talks with Deutsche Lufthansa has called a members' strike ballot after negotiations stalled, the Spiegel weekly reported on Thursday, citing a union official.
The U.S. is facing a significant risk of a recession with the upcoming GDP release Thursday, but experts say this is overblown. Technically a recession is determined by two straight quarters of GDP growth and negative growth in Q1 its possible the U.S. could technically hit
Turkey's central bank raised its year-end annual inflation forecast to 60.4% from 42.8% three months ago, and lifted its end-2023 mid-point forecast to 19.2% from 12.9%, a presentation by Governor Sahap Kavcioglu showed on Thursday.
(RTTNews) - Shares of Wacker Chemie AG (WKCMY.PK) were gaining around 9 percent in the early morning trading in Germany after the chemical company reported Thursday significantly higher second-quarter results, and also raised fiscal 2022 outlook.
Europe's biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their second-quarter profits beat an already record-breaking previous quarter on the back of soaring crude, gas and oil product prices.
(RTTNews) - UK-based aerospace and security solutions company BAE Systems Plc (BA.L) reported that its profit attributable to equity shareholders for the six months period ended 30 June 2022 decreased to 615 million pounds or 19.4 pence per share from 1.00 billion pounds or 31.1
There has been a whole slew of products to increase equity in the financial world but BlackRock has introduced models that directly target female financial goals. The models are directly trying to think about female financial outcomes along three lines: life expectancy, inc
Asian tech firms from chipmaker Samsung to display panel maker LG Display warned of a sharp slowdown in demand for smartphones, TVs and gadgets as surging inflation and deepening concerns of a recession crimp consumer spending.
The proportion of German companies that plan to increase prices declined for the third month in row in July, an indication that inflation has peaked, an Ifo institute survey found.
(RTTNews) - Japanese electronics maker Panasonic Corp. (PCRFY.PK, PCRFF.PK) reported Thursday that first-quarter net profit attributable to stockholders decreased 36 percent to 48.9 billion yen from 76.5 billion yen a year ago.
Bank of Japan Deputy Governor Masayoshi Amamiya on Thursday stressed the need to keep monetary policy ultra-loose due to uncertainty on whether wages will increase enough to compensate households for the rising cost of living.
(RTTNews) - The Japanese stock market is marginally higher on Thursday after treading into the red briefly, extending the gains in the previous session, with the Nikkei 225 staying above the 27,700 level, following the broadly positive cues from global markets overnight, as trade
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