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Dollar Extends Recent Losses

Dollar Extends Recent Losses

The U.S. dollar drifted lower against its major counterparts on Monday with investors reacting to news about the takeover of Swiss lender Credit Suisse, and the Federal Reserve's announcement about efforts to address turmoil in the banking sector.
RTTNews | 709 дней спустя
Major Central Banks Try To Stem Contagion After Credit Suisse Rescue

Major Central Banks Try To Stem Contagion After Credit Suisse Rescue

World's major central banks announced a joint effort to prevent the banking crisis from spreading after the Swiss bank UBS decided to acquire the troubled rival Credit Suisse in a deal brokered by the Swiss authorities. Central banks decided to increase the frequency of US dollar operations with 7-day maturity from weekly to daily from March 20.
RTTNews | 710 дней спустя
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UK House Prices Rise In March: Rightmove

UK House Prices Rise In March: Rightmove

After flattening in February, UK house prices increased in March due to a jump in the larger home top-of-the-ladder sector, property website Rightmove said Monday. The average price of property coming to market grew 0.8 percent on a monthly basis in March, following a nil growth in February. The overall house price inflation was driven by the 1.2 percent increase in larger home prices.
RTTNews | 710 дней спустя
Bay Street Likely To See Mixed Start

Bay Street Likely To See Mixed Start

Canadian shares are likely to open on a mixed note on Monday with investors reacting to news about the crisis in the financial sector, and looking ahead to the Federal Reserve's policy meeting.
RTTNews | 710 дней спустя
FDA Bans 2 Vuse Solo Menthol E-cigarette Products

FDA Bans 2 Vuse Solo Menthol E-cigarette Products

The U.S. Food and Drug Administration has denied marketing of two Vuse Solo brand menthol e-cigarette products currently marketed by R.J. Reynolds Vapor Co. The agency said the company must not market or distribute these unauthorized products in the U.S. or they risk FDA enforcement action.
RTTNews | 710 дней спустя
Eurozone Trade Gap Narrows In January

Eurozone Trade Gap Narrows In January

Euro area trade deficit narrowed at the start of the year as the pace of fall in imports exceeded the decline in exports, official data revealed Monday. The deficit on trade in goods decreased to a seasonally adjusted EUR 11.3 billion in January from EUR 13.4 billion in December, Eurostat reported.
RTTNews | 710 дней спустя
Foot Locker Q4 Profit Down, Warns On FY23; To Close Hong Kong Operations

Foot Locker Q4 Profit Down, Warns On FY23; To Close Hong Kong Operations

Foot Locker, Inc. reported Monday sharply lower profit in its fourth quarter with slight drop in net sales, even as comparable sales increased. Further, the specialty athletic retailer announced dividend, and issued fiscal 2023 forecast, well below last year. However, over the long term, the company projects growth. Foot Locker further announced that it is transforming its business model in Asia.
RTTNews | 710 дней спустя

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