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New York Manufacturing Index Unexpectedly Indicates Slightly Faster Contraction
The Federal Reserve Bank of New York released a report on Wednesday showing regional manufacturing activity unexpectedly contracted at a slightly faster rate in the month of May. The New York Fed said its general business conditions index edged down to a negative 15.6 in May from a negative 14.3 in April, with a negative reading indicating contraction.
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U.S. Retail Sales Unexpectedly Flat In April Amid Decrease In Auto Sales
With a decrease in sales by motor vehicle and parts dealers offsetting increases in sales by other retailers, the Commerce Department released a report on Wednesday showing U.S. retail sales unexpectedly came in flat in the month of April. The Commerce Department said retail sales were virtually unchanged in April after climbing by a downwardly revised 0.6 percent in March.
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U.S. Consumer Prices Rise 0.3% In April, Slightly Less Than Expected
A highly anticipated report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose by slightly less than expected in the month of April. The Labor Department said its consumer price index increased by 0.3 percent in April after rising by 0.4 percent in March. Economists had expected consumer prices to climb by another 0.4 percent.
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Uber Eats Partners Blitz Motors In London For Sustainable Food Delivery
Food delivery platform Uber Eats announced Wednesday a partnership with Blitz Motors, a smart electric moped supplier, to revolutionize last-mile delivery services in London and accelerate its commitment to sustainability and transformation.
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New York Manufacturing Index Unexpectedly Edges Lower In May
The Federal Reserve Bank of New York released a report on Wednesday showing regional manufacturing activity unexpectedly contracted at a slightly faster rate in the month of May.
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Ultra Clean Holdings Appoints Harjinder Bajwa As COO
Ultra Clean Holdings Inc. (UCTT) announced Wednesday that it has appointed Harjinder Bajwa as Chief Operating Officer, effective June 10, 2024. Bajwa will be based in Singapore.
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U.S. Retail Sales Unexpectedly Unchanged In April
Retail sales in the U.S. unexpectedly came in flat in the month of April, according to a report released by the Commerce Department on Wednesday.
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more news
U.S. Consumer Prices Rise Slightly Less Than Expected In April
A highly anticipated report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose by slightly less than expected in the month of April.
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186 दिनों पहले
Bay Street Seen Opening On Mixed Note
Canadian shares are likely to turn in a mixed performance again with investors reacting to U.S. inflation data and a slew of corporate earnings announcements. Materials shares may move higher, tracking firm metal prices.
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EU Projects Eurozone To Log Gradual Growth, Inflation On Track To Target
The European Commission projected the euro area economy to stage a gradual growth amid geopolitical risks and expects inflation to be on the track to hit the target. In the latest Spring economic forecast, released Wednesday, the commission said the single currency bloc will grow 0.8 percent this year, same as the Winter interim forecast.
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Thomson Reuters Sells Remaining Stake In London Stock Exchange For About $500 Mln
Thomson Reuters Corp. (TRI, TRI.TO) announced Wednesday that it and certain investment funds affiliated with Blackstone collectively sold 17.3 million London Stock Exchange Group plc (LSEG) shares that they co-own for a price of 91.50 British pounds per share.
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Arcos Dorados Q1 Profit Declines
Arcos Dorados Holdings, Inc. (ARCO), a restaurant chain and McDonald's franchisee, reported Wednesday that net income attributable to the company for the first quarter declined to $28.51 million or $0.14 per share from $37.41 million or $0.18 per share in the prior-year quarter.
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Sensex, Nifty Snap Three-day Winning Streak
Indian shares ended modestly lower on Wednesday after trading in a tight range throughout the session.
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186 दिनों पहले
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