Category: Economy

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

The following are some of the companies belonging to the healthcare sector that reported quarterly financial results on Wednesday. 1. Viking Therapeutics Inc. (VKTX), a clinical-stage biopharmaceutical company developing novel … Read More

New orders for U.S. manufactured durable goods rebounded in the month of March, according to a report released by the Commerce Department on Tuesday. The report showed durable goods orders … Read More

Like massive floods, the largest hurricanes and wildfires that burn for weeks and ruin hundreds of square miles, earthquakes can cause tremendous disasters. Some have killed hundreds of thousands of … Read More

UK retail sales declined more than expected in March and the falling trend is likely to continue as consumer confidence fell to near record low in April amid rising inflation … Read More

Australia’s long-suffering savers, such as retirees or those saving a deposit for a home, have endured more than a decade of interest rates falling to today’s miserable levels of effectively … Read More

Reflecting rapidly rising interest rates combined with ongoing home price increases and higher construction costs, the National Association of Home Builders released a report on Monday showing a continued deterioration … Read More