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U.S. Weekly Jobless Claims Inch Up To 213,000

U.S. Weekly Jobless Claims Inch Up To 213,000

After reporting modest decreases in first-time claims for U.S. unemployment benefits for five straight weeks, the Labor Department released a report on Thursday showing an uptick in jobless claims in the week ended September 17th.
RTTNews | 846 일 전
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

Canadian shares are likely to open on a mixed note on Thursday, with investors continuing to assess the likely impact of the sharp interest rate hikes by the Fed, and the Bank of England, on global economic growth.
RTTNews | 846 일 전
U.S. District Court Rules In Favor Of Merck In Patent Infringement Suit Against Viatris

U.S. District Court Rules In Favor Of Merck In Patent Infringement Suit Against Viatris

Merck (MRK), known as MSD outside of the United States and Canada, announced Thursday that the U.S. District Court for the Northern District of West Virginia ruled in favor of the company in a patent infringement suit against Viatris, Inc. (VTRS) related to sitagliptin, an active ingredient in JANUVIA, JANUMET and JANUMET XR.
RTTNews | 846 일 전
Japanese Yen Gains Ground Following BoJ Intervention

Japanese Yen Gains Ground Following BoJ Intervention

The Japanese yen appreciated against its major counterparts in the European session on Thursday, after the Bank of Japan intervened in the foreign exchange market to stem the currency's slide amid the central bank's ultra-loose policy.
RTTNews | 846 일 전
Accenture Guides FY23 EPS Below Estimates; Raises Dividend 15%

Accenture Guides FY23 EPS Below Estimates; Raises Dividend 15%

While reporting financial results for the fourth quarter on Thursday, professional services company Accenture plc (ACN) initiated earnings and revenue growth outlook for the full-year 2023, and also provided revenue outlook for the first quarter.
RTTNews | 846 일 전
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Swiss Central Bank Ends Negative Policy Rate

Swiss Central Bank Ends Negative Policy Rate

The Swiss National Bank raised its key policy rate for the second straight meeting on Thursday, ending an era of negative rates to tame inflation that stays near a three-decade high. The central bank hiked the SNB policy rate by 0.75 percentage points to 0.5 percent, as expected. The second consecutive rate hike took the interest rate to the positive zone for the first time since early 2015.
RTTNews | 846 일 전
European Shares Decline On Interest-rate Concerns

European Shares Decline On Interest-rate Concerns

European stocks were moving lower on Thursday after the U.S. Federal Reserve and Swiss National Bank both hiked their key policy rates by 75 basis points, as widely expected, to tackle surging inflation.
RTTNews | 846 일 전
Swiss Franc Drops Despite SNB Rate Hike

Swiss Franc Drops Despite SNB Rate Hike

The Swiss franc fell against its major counterparts in the European session on Thursday, after the Swiss National Bank hiked its policy rate by 75 basis points, as anticipated.
RTTNews | 846 일 전
FTSE Edges Lower Ahead Of BoE Rate Decision

FTSE Edges Lower Ahead Of BoE Rate Decision

U.K. stocks edged lower on Thursday as investors digested the Fed's hawkish comments and looked ahead to the BoE rate decision later in the day for directional cues.
RTTNews | 846 일 전
CAC 40 Slips On Rate Hike Worries

CAC 40 Slips On Rate Hike Worries

French stocks were moving lower on Thursday after the U.S. Federal Reserve and Swiss National Bank both hiked their key policy rates by 75 basis points, adding to worries of a global economic slowdown.
RTTNews | 846 일 전

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