Actualités Forex
Cvent Holding To Be Taken Private By Blackstone In $6.4 Bln Deal
Cvent Holding Corp. (CVT) announced Tuesday that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at an enterprise value of approximately $4.6 billion.
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JetBlue Airways Backs FY23 Outlook
Announcing an operational and financial update of its expected first quarter 2023 results on Tuesday, JetBlue Airways Corp. (JBLU) said it has maintained its strong operational performance with a solid completion factor of over 98% quarter-to-date.
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Delta Air Lines Reaffirms Q1 Outlook
Ahead of its presentation at the J.P. Morgan Industrials Conference on Tuesday, Delta Air Lines, Inc. (DAL) reaffirmed its outlook for the first quarter of fiscal 2023.
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Sensex, Nifty End Off Day's Lows
Indian shares fell for a fourth consecutive session on Tuesday, though markets ended well off their day's lows, taking cues from gains in European equities and U.S. stock futures after the Biden administration assured that there won't be a relapse of the financial crisis from 15 years ago.
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Uber And Lyft Can Treat Drivers As Contractors, California Appeals Court Rules
A California appeals court has ruled in favor of gig economy companies including rideshare and delivery network companies Uber Technologies, Inc., Lyft, Inc., and DoorDash, Inc., allowing them to continue to treat their drivers as independent contractors in the state. The latest court move overturns a 2021 decision by a lower court in California that barred the companies to follow Proposition 22.
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European Shares Inch Higher Ahead Of US Inflation Data
European stocks held steady on Tuesday after logging their steepest single day decline this year the previous day on fears of contagion from the collapse of U.S. lenders Silicon Valley Bank and Signature Bank.
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British Jobless Rate Stays Stable; Wage Growth Slows
The UK unemployment rate remained stable in the three months to January and wages grew slowly, raising the possibility of an interest rate pause from the Bank of England after ten successive rate hikes. The unemployment rate remained unchanged at 3.7 percent in the three months to January, the Office for National Statistics reported Tuesday. The rate was forecast to rise slightly to 3.8 percent.
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more news
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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FTSE 100 Extends Losses As Commodity Stocks Drag
U.K. stocks fell on Tuesday to extend losses from the previous session as lower commodity prices weighed on mining and energy stocks.
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Canadian Dollar Climbs Against Most Majors
The Canadian dollar advanced against its most major counterparts in the European session on Tuesday, as investors await key U.S. consumer price inflation data later in the day for clues on the path for interest rates.
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CAC 40 Holds Steady Ahead Of US Inflation Data
French stocks were flat to slightly higher on Tuesday amid expectations for a pause in U.S. rate hikes.
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DAX Edges Higher In Cautious Trade
German stocks were a tad higher on Tuesday as focus turned to U.S. inflation data due later in the day that may provide clues as to whether the Federal Reserve will pursue its tightening policy next week.
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Asian Shares Extend Declines On SVB Fallout Concerns
Asian stocks tumbled on Tuesday as worries persisted about the fallout from the Silicon Valley Bank (SVB) collapse and investors awaited key U.S. inflation data later in the day for clues on the path forward for U.S. monetary tightening.
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