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German Economic Confidence Recovers On Lower Inflation Expectations

German economic sentiment strengthened in December to its best level in 10 months amid hopes of falling inflation and a temporary easing in the energy markets, a monthly survey conducted by the Mannheim-based research institute ZEW revealed on Tuesday.
RTTNews | 869 дней спустя
Elon Musk 'baaaack' With Twitter Blue Subscription Service

Elon Musk 'baaaack' With Twitter Blue Subscription Service

Elon Musk's Twitter has relaunched its paid premium subscription service 'Twitter Blue,' after holding a while for updating and verification of fake accounts. New subscriptions to Twitter Blue are currently available on the web only in the U.S., Canada, Australia, New Zealand, and the U.K., with plans to expand. Twitter said it is piloting a new service called Twitter Blue for Business.
RTTNews | 869 дней спустя
Dollar Drops Following U.S. CPI

Dollar Drops Following U.S. CPI

Following the release of U.S. CPI for November at 8.30 am ET Tuesday, the greenback declined against its major counterparts.
RTTNews | 869 дней спустя
Dollar Mixed Ahead Of U.S. CPI

Dollar Mixed Ahead Of U.S. CPI

At 8.30 am ET Tuesday, U.S. CPI for November is set for release. Ahead of the data, the greenback traded mixed against its major counterparts. While it dropped against the pound and the yen, it held steady against the euro and the franc.
RTTNews | 869 дней спустя
Bay Street Likely To See Positive Start

Bay Street Likely To See Positive Start

Higher Canadian and U.S. futures, firm commodity prices and steady European stocks point to a positive start for the Canadian market on Tuesday.
RTTNews | 869 дней спустя
Stellantis Recalls About 1.23 Mln Pickup Trucks For Issues With Certain Tailgate Latching Components

Stellantis Recalls About 1.23 Mln Pickup Trucks For Issues With Certain Tailgate Latching Components

Stellantis N.V. (STLA), formed by the merger Fiat Chrysler Automobiles N.V. and France's Peugeot S.A., announced Tuesday a voluntary recall of an estimated 1.23 million pickup trucks to inspect and realign, as needed, certain latching components on their tailgates. The recall is limited to certain model-year 2019-2022 Ram 1500, 2500 and 3500 pickups. The company said vehicles equipped with Ram's multifunction tailgate and Ram 1500 Classic pickups are unaffected. Vehicles equipped with sensors that alert drivers to insecure tailgates are also excluded.
RTTNews | 869 дней спустя
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Bank Of England To Slow Rate Hikes Ahead Of 'Prolonged' Recession

Bank Of England To Slow Rate Hikes Ahead Of 'Prolonged' Recession

The Bank of England is likely to shift the gear down on interest rate hikes this week as the economy enters a 'prolonged' recession and inflation is seen slowing towards the 2 percent target in two years' time. Markets have penciled in a 50 bps rate hike, after the central bank delivered a 75 bps increase in November, which was the biggest in 33 years.
RTTNews | 869 дней спустя
American Airlines Group Promotes Devon May To Succeed Derek Kerr As CFO

American Airlines Group Promotes Devon May To Succeed Derek Kerr As CFO

American Airlines Group, Inc. (AAL) announced Tuesday that Devon May has been named Chief Financial Officer, effective January 1, 2023, following a long-planned succession process. May, who is currently the airline's senior vice president of Finance and Investor Relations, will report to American's CEO Robert Isom.
RTTNews | 869 дней спустя
UK Unemployment Rate Rises, Wage Growth Strengthens

UK Unemployment Rate Rises, Wage Growth Strengthens

The UK jobless rate edged up again in the three months ended October as firms held back recruitment amid recession fears but wage growth remained strong, fueling pressure on the Bank of England to hike interest rates further in a bid to rein in inflation. The ILO jobless rate climbed to 3.7 percent in the three months to October, figures from the Office for National Statistics showed on Tuesday.
RTTNews | 869 дней спустя
MediWound Says Burn Treatment NexoBrid Approved In India

MediWound Says Burn Treatment NexoBrid Approved In India

Biopharmaceutical company MediWound Ltd. (MDWD) announced Tuesday it has gained marketing approval of NexoBrid in India. MediWound has signed an agreement granting Indian peer Bharat Serums and Vaccines Ltd. the exclusive right to market and distribute NexoBrid in India for the treatment of severe burns.
RTTNews | 869 дней спустя

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