Forex News
United Airlines, Archer To Launch First Air Taxi Route In Chicago
United Airlines and Archer Aviation Inc. announced plans to launch the first commercial electric air taxi route in Chicago, between O'Hare International Airport or ORD and Vertiport Chicago. As part of their urban air mobility or UAM network buildout, both companies will utilize Archer's electric vertical takeoff and landing or eVTOL aircraft in the new route.
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707 days ago
Pound Advances After BoE Decision
As expected, the Bank of England raised its key rate by 25 basis points to 4.25 percent from 4 percent. Following the decision, the pound rose against its major counterparts.
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707 days ago
FactSet Maintains FY23 Adj. EPS Outlook; Q2 Adj. EPS Tops View
While reporting financial results for the second quarter on Thursday, FactSet Research Systems, Inc. (FDS) maintained its adjusted earnings outlook for the full-year 2023, while trimming annual revenue guidance.
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707 days ago
Pound Mixed Ahead Of BoE Decision
The Bank of England's monetary policy announcement is due at 8:00 am ET Thursday. The BoE is widely expected to raise its key rate by 25 basis points to 4.25 percent from 4 percent.
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707 days ago
Swiss National Bank Hikes Rate By 50 Bps
Switzerland's central bank lifted its policy rate again on Thursday as policymakers remained focused on inflationary pressures even as the recent developments in the financial market raised concerns over the credentials of the Swiss banking sector. The Swiss National Bank raised its policy rate by 0.5 percentage points to 1.50 percent. The outcome of the meeting was in line with expectations.
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707 days ago
Swiss Franc Eases Following SNB Rate Hike
The Swiss franc that traded higher in the European session on Thursday following the Swiss National Bank's decision to raise its key interest rate retraced its gains shortly.
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707 days ago
Commercial Metals Q2 Results Top Estimates; Boosts Dividend 14%
Commercial Metals Co. (CMC) on Monday reported that net earnings for the second quarter more than halved to $179.85 million or $1.51 per share from $383.31 million or $3.12 per share in the prior-year quarter.
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707 days ago
more news
European Stocks Down In Negative Territory; BoE Rate Decision In Focus
European stocks are down firmly in negative territory a little before noon on Thursday as investors weigh the impact of the Federal Reserve's policy move, and react to US Treasury Secretary Janet Yellen's comments.
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707 days ago
Singapore Inflation Eases To 6.1%, Lowest In 9 Months
Singapore's consumer price inflation moderated in February to the lowest level in nine months amid a slowdown in private transport charges, data published by the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Thursday.
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707 days ago
Sensex, Nifty Close Lower After Volatile Session
Indian stocks closed weak on Thursday, drifting down after two successive days of gains, as investors weighed the Federal Reserve's rate hike move, and reacted to comments from US Treasury Secretary Janet Yellen.
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707 days ago
Asian Stocks Close Mixed After Cautious Session
Asian stocks turned in a mixed performance on Thursday as investors made largely cautious moves after the U.S. Federal Reserve raised rates by 25 basis points and signaled another hike to fight inflation.
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707 days ago
Franc Climbs After SNB Decision
As expected, the Swiss National Bank raised its policy rate by 50 basis points to 1.5 percent. The franc advanced against its major counterparts after the decision.
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707 days ago
Franc Mixed Ahead Of SNB Decision
The Swiss National Bank's monetary policy announcement is due at 4:30 am ET Thursday. The central bank is set to lift the benchmark rate by 50 basis points to 1.5 percent.
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707 days ago
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