Category: Economy

The UK jobless rate declined to the lowest since 1974 in the first quarter amid record job vacancies that reflect the tightening labor market conditions despite the slowdown in the … Read More

Internet Initiative Japan Inc. (IIJIY) or IIJ, an Internet-related network services provider, reported Friday that its fiscal 2021 profit attributable to owners of parent was 15.7 billion yen, up 61.4 … Read More

Tapestry, Inc. (TPR) said the company is modifying its fiscal 2022 outlook due to: an estimated headwind of $0.25 to $0.30 due to incremental Covid-related pressure in China; and an … Read More

Medical equipment company Steris Plc (STE) reported lower profit in the fourth quarter, impacted by amortization of acquired intangibles and one-time acquisition expenses. Revenues rose 39 percent. The company also … Read More

German chemical company K+S Group reported Wednesday significantly higher profit and revenues in its first quarter mainly driven by higher prices, despite weak volumes. Further, the company maintained its fiscal … Read More

The following are some of the companies belonging to the healthcare sector that reported quarterly earnings and provided an update on their pipeline progress on Monday. 1. Adaptimmune Therapeutics plc … Read More

Siemens Gamesa Renewable Energy SA (GCTAF.PK), a Spanish-German wind engineering firm, on Thursday reported a wider loss for the second quarter, amidst supply chain disruptions and ramp-up challenges in the … Read More

Australia’s central bank raised its key interest rate for the first time in over 11 years as inflation picked up more than expected and the economy strongly weathered the headwinds. … Read More

British energy major bp Plc (BP,BP.L) reported Tuesday that its first-quarter replacement cost or RC loss was $23.05 billion, compared to last year’s profit of $3.33 billion. Loss attributable to … Read More

A report released by the Commerce Department on Friday showed U.S. personal income increased by slightly more than expected in the month of March, while U.S. personal spending jumped by … Read More