Category: Economy

Wix.com Ltd. (WIX), an Israeli software company, on Wednesday posted an increase in its losses for the fourth quarter of the fiscal 2021, amidst Covid-19 induced volatile market conditions and … Read More

Data shows capital goods, consumer durables output shrank signalling poor investment, consumption India’s industrial recovery slowed sharply in December, with output growing just 0.4% year-on-year, and manufacturing activity contracting 0.1%, … Read More

There were no encouraging signs in the Labor Department’s report that showed the consumer price index surged a greater-than-forecast 7.5 per cent in January from a year earlier, marking a … Read More

Shares of Walt Disney Co. (DIS) gained nearly 8% in extended trading on Wednesday after the entertainment and media conglomerate reported its first-quarter results with both earnings and revenues beating … Read More

While reporting fourth-quarter results, chemical company DuPont De Nemours & Co. (DD) on Tuesday issued outlook for first quarter as well as fiscal 2022. The company also announced higher dividend … Read More

Reflecting a spike in output, the Labor Department released a report on Thursday showing U.S. labor productivity rebounded by much more than anticipated in the fourth quarter of 2021. The … Read More

‘States can pitch own priority projects for interest-free loan’ Finance Minister Nirmala Sitharaman said the Centre is open to considering States’ own priority projects to avail of funds from the … Read More

Manufacturing sector not upbeat on fresh hiring yet Ahead of the Union Budget 2022-23, Indian industry has urged the government to offer incentives for creating jobs, including special sops under … Read More

Reflecting a sharp pullback in orders for transportation equipment, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods fell by more than expected … Read More

Indonesia supplies 60% of India’s palm oil imports Mumbai: Indonesia’s plan to limit palm oil exports that has driven prices to record highs is likely to make leading importer India … Read More