logo

TODAY'S TOP STORIES

Share

stockmarkets aug16 19jan22 European stocks look set to extend losses on Wednesday amid concerns that higher interest rates will result in a slower economic recovery. The U.S. dollar held steady and U.S. Treasury yields hit fresh two-year highs as investors awaited the Federal Reserve's Jan. 25-26 meeting for more signals on...

preview oct26 19jan22 Consumer and producer prices from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for December. Consumer price inflation is forecast to rise to 5.2 percent in December from 5.1 percent in November.

Peloton is considering eliminating jobs and reassessing the cost structure to make up for its recent struggles. The company has seen a dramatic decline in its fortune lately coupled with a number of PR disasters. The company has sought the assistance of a management firm, McKinsey & Co., which will lead...

Singapore-based cryptocurrency exchange Crypto.com had to pause operations on January 17 after some of its users reported unauthorized activity on their accounts. As per reports, the exchange was hacked out of $15 million earlier this week. The company has said that the funds of its millions...

californiacovid jan18 Covid-19 positive case rate in California, the worst-affected state in the United States, has jumped to its highest level yet. The Omicron variant-driven surge in numbers is evident from the fact that daily case toll multiplied by more than 300 percent in the state within a month. From a stage of 8729 new cases reporting on December 17, 221235 new cases were reported on Monday. It is more than

microsoft activision blizzard 011822 Microsoft Corp. (MSFT) said it plans to acquire Activision Blizzard Inc. (ATVI) for $95.00 per share, in an all-cash deal valued at $68.7 billion, inclusive of Activision Blizzard's net cash. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like Warcraft,...

uk flag 032917 18jan22 The UK unemployment dropped in three months to November and employment increased reflecting continuing recovery in the labor market, the Office for National Statistics said Tuesday. The unemployment rate dropped to 4.1 percent in three months to November, while it was forecast to remain unchanged at 4.2 percent.

goldman july17 18jan22 Goldman Sachs Group Inc. reported Tuesday that profit for the fourth quarter declined 13 percent from last year, reflecting an 8 percent drop in net revenues, higher operating expenses and higher provisions for bad loans. Earnings for the quarter missed analysts' expectations, but quarterly revenues topped it.

us pre market 053119 18jan22 The following are some of the stocks making big moves in Tuesday's pre-market trading (as of 07.30 A.M. ET).

wallstreet jan18 Early signs from the U.S. Futures Index suggest that Wall Street might open on a negative trend. The start of a new earnings season is keenly awaited. Goldman Sachs (GS), Bank of America (BAC), Morgan Stanley (MS), Procter & Gamble (PG), Travelers (TRV), and Netflix (NFLX) are among the companies...

amazon jan18 Amazon has dropped its earlier plan to stop accepting credit cards issued by Visa Inc. in the United Kingdom. The e-commerce giant said it is working on a potential solution with the payments processor to resolve a dispute over the payment fees. In an email to customers, the company reportedly said, "The expected change regarding the use of Visa credit cards on Amazon.co.uk will no longer take...

toyota jan18 Toyota Motor Corp. has trimmed its production targets for fiscal year ending March 31, 2022 following ongoing disruption in global production severely hurt by the parts shortage, mainly chips, resulting from the spread of COVID-19. For the full year, the company now expects production to be lower than the previous forecast of 9 million units.

earth jan18 Earth's global average surface temperature in 2021 was the sixth warmest on record, according to independent analyses conducted by two US federal agencies. It equals the temperature levels of 2018, according to the data released by NASA and the National Oceanic and Atmospheric Administration (NOAA). Collectively, the past eight years are the warmest years since modern recordkeeping began in 1880

germanyflag aug27 18jan22 German economic confidence improved more-than-expected to a six-month high in January as the economy is expected to pick up over the coming months, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment rose to 51.7 in January from 29.9 in the previous month. The reading was well above the economists' forecast of 32.0.

european market 021219 18jan22 European stocks fell on Tuesday as a rise in two-year U.S. Treasury yields reflected expectations for a Fed policy rate hike as soon as March. Treasuries dropped across the curve, pushing two-year and 10-year yields up to levels last seen before the pandemic roiled markets. The pan European Stoxx...

Follow RTT