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German Auto Industry Confidence Weakens In February - Ifo
Optimism among Germany's automakers eased in February and they assessed the current economic situation as significantly worse as buyers were increasingly cautions amid fears of a recession, survey data from the ifo institute showed Friday. The confidence indicator for the automobile manufacturing industry more than halved in February, to 6 points from 12.5 points in January.
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724 дней спустя
France Industrial Output Falls For First Time In 3 Months
French industrial production declined for the first time in three months in January largely due to falling transport equipment manufacturing, official data showed on Friday. Industrial production fell 1.9 percent from December, when output grew 1.5 percent, the statistical office INSEE reported.
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724 дней спустя
Eurozone Private Sector Expands Most Since Mid-2022
Alleviating fears of a recession, the euro area private sector activity grew the most since mid-2022 as there was a quick upturn in the services sector, while manufacturing activity landed on broad stabilization in February. The final composite output index rose to 52.0 in February from 50.3 in January, data released by S&P Global showed on Friday. The flash reading was 52.3.
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724 дней спустя
Hibbett Guides FY24 Below Estimates As Q4 Results Miss Estimates
While reporting financial results for the fourth quarter and full-year 2023 on Friday, athletic-inspired fashion retailer Hibbett Sports Inc. (HIBB) initiated earnings, sales and comparable store sales growth guidance for the full-year 2024.
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724 дней спустя
Nordstrom To Close Canadian Operations; To Cut 2,500 Jobs
Department store chain Nordstrom Inc. announced its plans to wind-down Canadian business operations with a view to intensify focus on long-term profitable growth in its core U.S. Business. The company will close all of its stores in the country, and cut around 2,500 jobs.
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724 дней спустя
Sensex, Nifty Join Global Rally As Fed Worries Ease
Indian shares followed global peers higher on Friday and the rupee hit a one-month high, as comments from a Federal Reserve official raised hopes that the Fed will stick with a 25-bps rate hike at its next meeting in March.
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724 дней спустя
Helly Hansen Recalls Adult Workwear Sweatshirts, Hoodies
Sumner, Washington-based Helly Hansen (U.S.) Inc. is recalling adult workwear sweatshirts and hoodies citing violation of federal flammability standard and burn hazard, the U.S. Consumer Product Safety Commission said. The recall includes about 13,900 units sold in the United States. In addition, 128,680 units were sold in Canada.
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724 дней спустя
more news
German Exports Rebound In January
Germany's exports rebounded more than expected in January underpinned by shipments to the US, although the overall increase was insufficient to offset the decline in December, official data revealed Friday. Exports increased 2.1 percent on a monthly basis in January, in contrast to the 6.3 percent decline in December, Destatis reported.
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724 дней спустя
Lufthansa Stock Up On Q4 Profit, FY23 View For Improved Earnings
Shares of Deutsche Lufthansa AG were gaining around 6 percent in the morning trading in Germany after the flag carrier reported Friday a profit in its fourth quarter, compared to last year's loss, benefited by significant demand growth in air travel. Fiscal 2022 revenue almost doubled, and the airline projects further significant improvement in fiscal 2023 adjusted EBIT.
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724 дней спустя
European Shares Gain As Recession Worries Ease
European stocks traded higher on Friday after a survey showed the recovery in euro zone business activity gathered pace in February.
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724 дней спустя
FTSE 100 Gains Led By Miners
U.K. stocks edged up slightly on Friday, with miners leading advances after a survey showed activity in China's services sector expanded at the fastest pace in six months in February.
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724 дней спустя
CAC 40 Gains As Fed Worries Ease
French stocks rose on Friday to extend gains from the previous session after a survey showed business activity at French service providers expanded in February for the first time since October last year.
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724 дней спустя
Australian Dollar Climbs On Easing Fed Worries
The Australian dollar strengthened against its major counterparts in the Asian session on Friday, as comments from a Federal Reserve official eased worries about the possibility of aggressive rate hikes by the Federal Reserve.
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724 дней спустя
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