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Swiss Market Ends Moderately Lower

After spending a few minutes in positive territory in early trades, the Switzerland stock market faltered and stayed weak right through the day's session on Monday.
RTTNews | 943 일 전
European Stocks Close Broadly Lower

European Stocks Close Broadly Lower

European stocks closed broadly lower on Monday as investors made largely cautious moves amid mounting fears of a global recession due to rising interest rates.
RTTNews | 943 일 전
Canadian Dollar Declines On Fed Rate Hike Fears

Canadian Dollar Declines On Fed Rate Hike Fears

The Canadian dollar weakened against its major peers in the European session on Monday, on concerns that an aggressive monetary tightening across the globe could trigger a recession.
RTTNews | 943 일 전
Rackspace Technology Promotes CFO Amar Maletira To Succeed Kevin Jones As CEO

Rackspace Technology Promotes CFO Amar Maletira To Succeed Kevin Jones As CEO

Rackspace Technology, Inc. (RXT), a cloud technology solutions company, announced Monday the appointment of Amar Maletira as Chief Executive Officer. Maletira, who has served as Rackspace Technology's President and Chief Financial Officer since November 2020, has assumed responsibilities effective immediately.
RTTNews | 943 일 전
China Central Bank Adopts Measures To Safeguard Yuan

China Central Bank Adopts Measures To Safeguard Yuan

China's central bank ramped up measures to safeguard the yuan from further depreciation on Monday as the U.S. Dollar continued to strengthen on the Federal Reserve's tightening stance. The People's Bank of China decided to raise the risk reserve requirement for banks' forward forex sales to 20 percent from zero. The new rate will take effect on September 28.
RTTNews | 943 일 전
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Bay Street Seen Opening Weak On Recession Fears

Bay Street Seen Opening Weak On Recession Fears

Canadian shares are set to open on a weak note on Monday, weighed down by lower commodity prices amid rising fears the global economy is slipping into a recession.
RTTNews | 943 일 전
Dollar Tree Says Michael Creedon To Join As COO

Dollar Tree Says Michael Creedon To Join As COO

Dollar Tree, Inc. (DLTR) announced Monday that Michael Creedon, Jr. will be joining the organization as Chief Operating Officer. Creedon joins the company from Advance Auto Parts, where was Executive Vice President of U.S. Stores since March 2021.
RTTNews | 943 일 전
Sensex, Nifty End Deep In Red; IT Stocks Gain On Rupee Weakness

Sensex, Nifty End Deep In Red; IT Stocks Gain On Rupee Weakness

Indian shares fell for a fourth consecutive session on Monday and the rupee hit a record low for a third straight session, as investors fretted about faster inflation, aggressive central bank action and a possible global recession.
RTTNews | 944 일 전

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