Manufacturing activity in New York region shows unexpected growth in September

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

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

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

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 […]

Arm Aims for $52 Billion Valuation with New York IPO

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

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

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 […]

Deutsche Telekom Raises Earnings Forecasts for 2023 Despite Decline in Q2 Turnover

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 […]