Category: Economy

China’s industrial production and retail sales strengthened notably in November but the low base of comparison made data less reliable to conclude that the recovery is as strong as the … Read More

Following a series of interest rate hikes earlier in the year, the Federal Reserve on Wednesday announced its widely expected decision to leave rates unchanged for the third consecutive meeting. … Read More

Drug major Pfizer Inc. (PFE) on Wednesday said it expects higher adjusted earnings and revenues for fiscal 2024, but both below market estimates. In pre-market activity on the NYSE, the … Read More

Germany’s industrial production declined unexpectedly in October driven by the fall in machinery and equipment output, reinforcing fears of a recession at the end of this year. Industrial production logged … Read More

Shares of Vertu Motors plc (VTU.L) were losing around 20 percent in the morning trading in London after the automotive retailer on Thursday said that it expects profitability for fiscal … Read More

J. M. Smucker Co. (SJM), a maker of food and beverage products, reported Tuesday that its second-quarter net income grew 2 percent to $194.9 million from last year’s $191.1 million. … Read More

Save articles for later Add articles to your saved list and come back to them any time. According to the Australian Bureau of Statistics, 63,000 Australians decided to take on … Read More

China’s factory activity rebounded in November as sustained rise in new orders lifted production, survey results from S&P Global showed on Friday. The Caixin manufacturing Purchasing Managers’ Index, or PMI, … Read More

Independent identity partner Okta, Inc. (OKTA) reported Wednesday a net loss for the third quarter of $81 million or $0.49 per share, sharply narrower than $209 million or $1.32 per … Read More

Save articles for later Add articles to your saved list and come back to them any time. Do you ever get the sense that some of our biggest companies seem … Read More