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France Business Confidence Improves On Hopes Of Brief Economic Slowdown

France Business Confidence Improves On Hopes Of Brief Economic Slowdown

Confidence among French manufacturers improved further at the start of the year, underpinned by an improvement in the assessment of past production and foreign order books, amid expectations that the recent downturn in the economy would be short-lived, results of two separate surveys showed Tuesday.
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Sensex, Nifty End Little Changed Ahead Of F&O Expiry

Sensex, Nifty End Little Changed Ahead Of F&O Expiry

Indian shares fluctuated before ending on a flat note Tuesday, as profit booking ahead of the derivative expiry and the Republic Day holiday on Thursday offset positive global cues. Investors also awaited cues from the Union Budget due to be unveiled next week.
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UK Budget Deficit Widens On Energy Subsidies, Debt Servicing

UK Budget Deficit Widens On Energy Subsidies, Debt Servicing

UK budget deficit widened to the highest December level on record largely due to a sharp growth in spending on energy support schemes and huge interest payments driven by high inflation. Public sector borrowing increased by GBP 16.7 billion from the last year to GBP 27.4 billion in December, data published by the Office for National Statistics showed Tuesday.
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Swiss Trade Surplus Shrinks In 2022 As Export Growth Slows

Swiss Trade Surplus Shrinks In 2022 As Export Growth Slows

Switzerland's foreign trade surplus decreased during the year 2022 compared to last year, as imports grew faster than exports, data from the Federal Customs Administration showed on Tuesday. Separate data showed that Swiss watch exports registered double-digit growth in 2022.
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DAX Holds Steady Ahead Of PMI Data

DAX Holds Steady Ahead Of PMI Data

German stocks were largely steady on Tuesday as investors assessed the outlook for economic and corporate earnings growth against the backdrop of slowing inflation.
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Ford To Reportedly Cut 3,200 Jobs In Europe

Ford To Reportedly Cut 3,200 Jobs In Europe

Ford Motor Co. seems to be the latest corporate major to join the ongoing layoffs with plans of cutting 3,200 jobs across Europe, mainly in Germany, reports said quoting Germany's IG Metall union. The U.S. auto major also plans to move some product development work to the United States. The planned workforce reduction is part of the company's efforts to cut costs to face ongoing macroeconomic...
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Australia Business Conditions Continue To Weaken As Economy Slows

Australia Business Conditions Continue To Weaken As Economy Slows

Reflecting the slowdown in the economy, Australia's business conditions weakened for a third month in a row in December and are likely to ease further, while sentiment logged a moderate improvement, survey results from the National Australia Bank showed Tuesday. The NAB business conditions index fell eight points to 12 in December.
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European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK public sector finance data. The budget deficit is seen widening to GBP 22.3 billion in December from GBP 21.2 billion in November.
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