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Kaltura Announces Re-organization Plan, To Cut About 11% Of Current Workforce

Kaltura Announces Re-organization Plan, To Cut About 11% Of Current Workforce

In a Form 8-K filing with the U.S. Securities and Exchange Commission on Wednesday, software company Kaltura, Inc. revealed that its Board of Directors approved on January 3, 2023 a re-organization plan that includes, among other things, downsizing approximately 11% of the Company's current workforce and adapting the Company's organizational structure, roles, and responsibilities accordingly.
RTTNews | 763 gün önce
U.S. Dollar Down As Fed Minutes In Focus

U.S. Dollar Down As Fed Minutes In Focus

The U.S. dollar dropped against its major counterparts in the European session on Wednesday, as investors awaited the minutes of the Federal Reserve's December meeting for more clarity on the monetary policy outlook.
RTTNews | 763 gün önce
UK Mortgage Approvals Weakest Since Mid-2020

UK Mortgage Approvals Weakest Since Mid-2020

UK mortgage approvals reached the lowest level since the middle of 2020 as rising interest rates acted as a drag on housing demand. Mortgages approved for house purchases decreased more-than-expected to 46,100 from 57,900 in October, the Bank of England reported Wednesday. This was the lowest level since June 2020, when approvals totaled 40,500. The expected level was 55,000.
RTTNews | 763 gün önce
Eurozone Private Sector Downturn Softens In December

Eurozone Private Sector Downturn Softens In December

Euro area private sector activity shrank at the end of 2022, at the least marked pace since July, on the back of a slower fall in order books and a rebound in business confidence amid slowing inflation, results of the closely watched purchasing managers' survey suggested Wednesday. The composite output index rose to 49.3 in December from 47.8 in November, data from S&P Global showed.
RTTNews | 763 gün önce
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German Auto Industry Confidence Improves, Outlook Uncertain: Ifo

German Auto Industry Confidence Improves, Outlook Uncertain: Ifo

German automakers sentiment turned positive at the end of 2022, but the overall business situation was strained for both manufacturers and suppliers, and expectations for the coming months remain cautious, survey results from the ifo Institute showed on Wednesday. The auto industry index rose to 1.5 in December from -1.5 in November, the Munich-based institute said.
RTTNews | 763 gün önce
Patterson-UTI Energy Sees Q4 Net Income Exceeding $100 Mln

Patterson-UTI Energy Sees Q4 Net Income Exceeding $100 Mln

Providing an update on the fourth quarter results on Wednesday, oilfield services provider Patterson-UTI Energy, Inc. (PTEN) announced that it expects its net income for the fourth quarter of 2022 to exceed $100 million and its adjusted EBITDA for the fourth quarter of 2022 to surpass $230 million, based on current projections.
RTTNews | 763 gün önce
GE Completes Spin-off Of Healthcare Business As GE HealthCare Technologies

GE Completes Spin-off Of Healthcare Business As GE HealthCare Technologies

General Electric Co. (GE) announced Wednesday that it has completed the separation of its healthcare business, launching GE HealthCare Technologies Inc., a global leader in Precision Care. Starting January 4, 2023, GE HealthCare will trade on Nasdaq under the ticker symbol "GEHC".
RTTNews | 763 gün önce
France Inflation Slows On Cheaper Energy Prices

France Inflation Slows On Cheaper Energy Prices

After Germany and Spain, France also registered a slowdown in inflation in December on lower energy prices, softening pressure on the European Central Bank to tighten policy at an aggressive pace. Though price pressures eased, they remain high and French households were less confident about their economic prospects in December.
RTTNews | 763 gün önce
Hong Kong Retail Sales Slump 4.2%, Worst Fall In 8 Months

Hong Kong Retail Sales Slump 4.2%, Worst Fall In 8 Months

Hong Kong's retail sales declined for the first time in three months and at the fastest pace in eight months in November, and tighter financial conditions are likely to continue damping consumption ahead, while a relaxation in Covid restrictions and an improvement in the labor market are expected to lent support.
RTTNews | 763 gün önce
Sensex, Nifty Tumble Ahead Of Fed Minutes

Sensex, Nifty Tumble Ahead Of Fed Minutes

Indian shares fell sharply on Wednesday, as risk aversion gripped markets ahead of the release of Federal Reserve's December meeting minutes later in the day that might contain hawkish comments from U.S. policymakers.
RTTNews | 763 gün önce

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