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Canadian Market Down Sharply As Stocks Tumble On Recession Fears
Canadian stocks are plunging sharply on Friday with mounting fears of a recession triggering a sell-off across the board.
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vor 946 Tagen
Korn Ferry Board Elects Jerry Leamon To Succeed Christina Gold As Non-Executive Chair
Management consulting firm Korn Ferry (KFY) announced Friday the election of a new member to its Board of Directors, in addition to the appointment of a new Non-Executive Chair.
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vor 946 Tagen
UK Private Sector Shrinks Most Since Early 2021
The UK private sector shrank at the fastest pace since early 2021 on the negative impacts of high costs and a weaker economic outlook, flash survey results from S&P Global and the Chartered Institute of Procurement & Supply showed Friday. The composite output index came in at a 20-month low of 48.4 in September versus 49.6 in the previous month. The score was forecast to ease moderately to 49.0.
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vor 946 Tagen
Pound Moves Down Following U.K. Mini-budget Statement
The pound depreciated against its major counterparts in the European session on Friday, as the new government unveiled tax cuts and huge increases in borrowing in its mini budget that spooked the markets.
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vor 946 Tagen
Florida Power & Light To Refund Nearly $400 Mln To Customers Amid New Federal Tax Law
Florida Power & Light Co. or FPL, a subsidiary of clean energy company NextEra Energy, Inc. (NEE), announced Friday a plan to refund its approximately 5.8 million customers nearly $400 million in savings resulting from the new federal tax law.
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vor 946 Tagen
Ford Breaks Ground At BlueOval City Facility; To Provide About 6,000 Jobs In 2025
Automaker Ford Motor Co. (F) announced Friday it has officially broken ground at BlueOval City, its largest, most advanced auto production complex in the company's 119-year history.
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vor 946 Tagen
Bay Street Seen Opening Notably Lower On Recession Fears
Sharply lower Canadian and U.S. futures, falling commodity prices and a sell-off in Asian and European markets amid mounting fears of a recession, point to a gap down opening for Canadian shares on Friday.
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vor 946 Tagen
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Eurozone Private Sector Downturn Deepens In September
The Eurozone economic downturn deepened in September with worsening performances in both manufacturing and services with demand easing sharply as a result of the cost of living crisis, flash survey results from S&P Global showed Friday. The flash composite output index declined to a 20-month low of 48.2 in September from 48.9 in the previous month. The reading came in line with expectations.
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vor 946 Tagen
Bausch Health, Glenmark Specialty Say Health Canada Approves RYALTRIS
Bausch Health Companies Inc. (BHC, BHC.TO) and Glenmark Specialty S.A., a subsidiary of Glenmark Pharmaceuticals Ltd., announced Friday that RYALTRIS (olopatadine hydrochloride and mometasone furoate nasal spray) has been approved by Health Canada for the symptomatic treatment of moderate to severe seasonal allergic rhinitis (SAR) and associated ocular symptoms in adults, adolescents, and children aged 6 years and older.
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vor 946 Tagen
Euro Lower As European Shares Fall, Eurozone Business Activity Contracts Further
The euro weakened against its most major counterparts in the European session on Friday, as European shares dropped and the euro area business activity contracted for a third consecutive month in September.
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vor 946 Tagen
Sensex, Nifty Plunge On Rate Hike Concerns
Indian shares tumbled on Friday as global markets fell for a third consecutive session on fears of a possible global recession.
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vor 946 Tagen
European Shares Extend Losses As Recession Worries Mount
European stocks fell on Friday to extend losses from the previous session amid concerns about a possible global recession.
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vor 946 Tagen
FTSE 100 Extends Losses On Recession Fears
U.K. stocks tumbled on Friday to extend losses from the previous session amid concerns about a potential global recession.
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vor 946 Tagen
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