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), […]
Business Insolvencies Surge, Reaching Pre-Pandemic Levels
By Le Figaro with AFP Published 2 hours ago, Update 56 minutes ago Business insolvencies continued their upward trend in August. nyul / stock.adobe.com Insolvencies affected more than fifty thousand companies, a figure that has increased sharply since the end of the support measures taken during the pandemic. Business insolvencies continued their upward trend in […]
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 […]
Arm, the World Reference in Semiconductor Architecture, Launches IPO on Wall Street
The company is a world reference in the architecture of semiconductors subsequently manufactured under license for almost the entire global smartphone market. The British champion of microprocessors Arm, a subsidiary of Japanese SoftBank, has officially launched its process of IPO on Wall Street, an operation which could become the most important in technology since that, […]
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 […]