Manufacturing activity in New York region shows unexpected growth in September
By Le Figaro with AFP Published on 09/15/2023 at 2:40 p.m., Updated on 09/15/2023 at 2:43 p.m. On the labor market side, indicators “point towards a slight decline in employment levels and the average length of the working week”. MTM / Manueltrinidad – stock.adobe.com Manufacturing activity in the highly industrialized New York region recovered unexpectedly […]
Surprising Increase in US Crude Oil Inventories: Stocks Rise by 4 Million Barrels
By Le Figaro with AFP Published 1 hour ago, Updated 1 hour ago The country’s stocks were filled by an additional 4 million barrels. jutawat / stock.adobe.com With an additional 4 million barrels, commercial crude oil inventories rose more than expected last week, according to figures released Wednesday by the U.S. Energy Information Administration (EIA), […]
New York Stock Exchange Attempts Timid Rebound After Declining Sessions
By Le Figaro with AFP Published 4 hours ago, Updated 4 hours ago The New York Stock Exchange opened slightly lower on Friday. SPENCER PLATT / AFP The New York Stock Exchange opened slightly lower on Friday, attempting a timid rebound after three sessions of decline, in the absence of major macroeconomic news in the […]
New York Stock Exchange Opens Lower Amid Global Economic Concerns and Rising Oil Prices
By Le Figaro with AFP Posted 1 minute ago, Just updated The New York Stock Exchange opened lower on Wednesday. MICHAEL M. SANTIAGO / AFP The New York Stock Exchange opened lower on Wednesday, still concerned about global economic conditions and the specter of a return to high inflation with soaring oil prices. In early […]
Arm Aims for $52 Billion Valuation with New York IPO
By Le Figaro with AFP Posted 8 minutes ago, Just updated The British company Arm, a subsidiary of the Japanese SoftBank, is a world reference in semiconductors manufactured under license for the global smartphone market. DADO RUVIC / REUTERS British microprocessor champion Arm, a subsidiary of Japan’s SoftBank, is aiming for a valuation of up […]
Sharp Decline in Manufacturing Activity in New York Surprises Analysts
By Le Figaro with AFP Published on 08/15/2023 at 15:06, Updated on 08/15/2023 at 16:03 Analysts were rather expecting a slight increase. TTstudio – stock.adobe.com Manufacturing activity in the highly industrialized region of New York fell sharply in August compared to the previous month, taking analysts by surprise who had expected a slight increase. The […]
US Federal Reserve Member Neel Kashkari Talks Rising Interest Rates and Inflation Outlook
It is too early to declare victory and end the cycle of rising interest rates, a member of the US Federal Reserve (Fed) said on Tuesday, while acknowledging that inflation was now moving in the right direction. “I’m not ready to announce that we’re done but I see positive signsMinneapolis branch president Neel Kashkari said […]
Deutsche Telekom Raises Earnings Forecasts for 2023 Despite Decline in Q2 Turnover
The first European telecommunications group Deutsche Telekom revised its earnings forecasts for 2023 upwards on Thursday, despite a drop in its turnover in the second quarter, weighed down by its American subsidiary. The German company expects an operating profit (Ebitda Al), its key performance indicator, of “€41.0 billion“, against “40.9 billionpreviously, she said in a […]
Swiss Insurer Zurich Insurance Reports Slight Net Profit Increase in First Half
The Swiss insurer Zurich Insurance published on Thursday a net profit up slightly for the first half, driven by price increases in damage insurance against a backdrop of contrasting performance between its three major divisions. Its net profit increased by 6% compared to the first half of last year, to nearly 2.5 billion dollars (2.2 […]
The FCC Imposes Largest Fine in History on International Telemarketing Network
The American telecommunications regulator (FCC) has imposed the heaviest fine in its history, 299,997,000 dollars, on an international telemarketing network active in the United States, at the heart of which were two men who were nevertheless banned for life from making such calls. . This network notably made more than five billion calls in three […]