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UK Private Sector Shrinks On Weak Orders

UK Private Sector Shrinks On Weak Orders

The UK private sector contracted again in November as new orders posted its biggest fall in nearly two years as the rising cost of living squeezed demand in both the manufacturing and services sectors, a closely watched survey showed on Wednesday. The S&P Global/Chartered Institute of Procurement & Supply composite output index registered 48.3 in November, up fractionally from 48.2 in October.
RTTNews | 799 дней спустя
New Zealand Dollar Higher As RBNZ Raises Rate By Record 75 Bps

New Zealand Dollar Higher As RBNZ Raises Rate By Record 75 Bps

The New Zealand dollar was higher against its major counterparts in the European session on Wednesday, as the Reserve Bank of New Zealand raised the benchmark rate by a record 75 basis points and signaled more tightening ahead to bring inflation down.
RTTNews | 799 дней спустя
Eurozone Private Sector Contracts At Slower Pace

Eurozone Private Sector Contracts At Slower Pace

The euro area private sector contracted at a slower pace in November reflecting a reduced rate of loss of new business, fewer supply constraints and a pick-up in business confidence, flash survey results from S&P Global showed on Wednesday. The composite output index unexpectedly rose to 47.8 in November from 47.3 in October. The reading was seen at 47.0.
RTTNews | 799 дней спустя
UK Probes Apple And Google's Control Over Web Browsing

UK Probes Apple And Google's Control Over Web Browsing

The U.K. Government's Competition and Markets Authority or CMA has initiated an investigation into tech majors Apple and Google's duopoly on mobile ecosystems. The authority said it will conduct a fuller investigation into the way that Apple and Google dominate the mobile browser market and how Apple restricts cloud gaming through its App Store.
RTTNews | 799 дней спустя
Sensex, Nifty Pare Early Gains

Sensex, Nifty Pare Early Gains

Indian shares pared early gains to finish slightly higher on Wednesday as investors awaited minutes from the Federal Reserve's November policy meeting later in the day for any indications that the pace of rate hikes may slow.
RTTNews | 799 дней спустя
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FTSE 100 Gains As Miners And Energy Stocks Climb

FTSE 100 Gains As Miners And Energy Stocks Climb

U.K. stocks advanced on Wednesday, as commodity-related stocks surged on the back of a weaker dollar ahead of the release of the minutes from the latest Federal Reserve meeting later in the day.
RTTNews | 799 дней спустя
CAC 40 Gives Up Early Gains After Weak Data

CAC 40 Gives Up Early Gains After Weak Data

French stocks were little changed on Wednesday, giving up earlier gains as investors eyed the Federal Reserve's November meeting minutes later in the day for additional clues on the path of interest rates.
RTTNews | 799 дней спустя
DAX Edges Lower Ahead Of Fed Minutes

DAX Edges Lower Ahead Of Fed Minutes

German stocks edged lower on Wednesday even as data showed the German manufacturing and services sectors' contraction eased in November.
RTTNews | 799 дней спустя
Asian Shares Mostly Higher Ahead Of FOMC Meeting Minutes

Asian Shares Mostly Higher Ahead Of FOMC Meeting Minutes

Asian stocks ended mostly higher on Wednesday despite lingering worries about the Chinese economy and ahead the release of latest Fed meeting minutes later in the day. Regional gains were capped by rising COVID-19 infections in China and a record interest-rate hike New Zealand. Trading volumes were somewhat thin amid a holiday in Japan.
RTTNews | 799 дней спустя
Alphabet Reportedly Seeks To Lay Off 10,000 Employees

Alphabet Reportedly Seeks To Lay Off 10,000 Employees

Alphabet, Google's parent company, is planning to lay off nearly 10,000 low performing employees starting early 2023 amid investor demand to downsize and cut costs, according to a report by The Information. The tech major reportedly has asked managers to identify 6 percent of its staff using a new performance management system.
RTTNews | 799 дней спустя

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