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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
Sensex, Nifty Climb Led By IT Stocks And Financials

Sensex, Nifty Climb Led By IT Stocks And Financials

Indian shares rose notably on Tuesday, with firm global cues offering some support amid signs of further easing of China's COVID restrictions and hopes of a less hawkish Federal Reserve.
RTTNews | 869 дней спустя
Switzerland To See Sluggish GDP Growth, Severe Recession Unlikely

Switzerland To See Sluggish GDP Growth, Severe Recession Unlikely

The Swiss economy will experience sluggish growth but it will not enter a severe recession next year, and is set to fare better in 2024 on the back of a global recovery, the State Secretariat for Economic Affairs, or SECO forecast Tuesday. The economy will grow only 1.0 percent next year, instead of 1.1 percent estimated in September. The outlook for 2022 was retained at 2.0 percent.
RTTNews | 869 дней спустя
Tesla Most Fuel Efficient In 2021; Stellantis And GM Ranked Worst: EPA

Tesla Most Fuel Efficient In 2021; Stellantis And GM Ranked Worst: EPA

Tesla Inc. recorded lowest carbon emissions and highest real-world fuel efficiency among large manufacturers for model year 2021, while Stellantis was the worst, followed by General Motors and Ford, according to a report released by the U.S. Environmental Protection Agency or EPA. The agency's annual Automotive Trends Report shows that model year 2021 vehicle fuel economy remained at a record high
RTTNews | 869 дней спустя
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European Shares Hold Steady Ahead Of US Inflation Report

European Shares Hold Steady Ahead Of US Inflation Report

European stocks struggled for direction in cautious trade on Tuesday as investors braced for the release of U.S. consumer inflation data later in the day and a slew of central bank decisions due this week.
RTTNews | 869 дней спустя
German Inflation Rate Slows Slightly On Weaker Energy Price Growth

German Inflation Rate Slows Slightly On Weaker Energy Price Growth

Germany's consumer price growth slowed slightly in November amid a modest easing in energy prices, but the inflation rate remained high denying any respite to the European Central Bank policymakers who are set to deliver yet another interest rate hike later this week.
RTTNews | 869 дней спустя
Australian Dollar Rises Ahead Of U.S. Inflation Data

Australian Dollar Rises Ahead Of U.S. Inflation Data

The Australian dollar climbed against its major counterparts in the Asian session on Tuesday, as traders await a closely watched report on U.S. consumer price inflation, which could show moderation in the annual pace.
RTTNews | 869 дней спустя
European Economics News Preview: UK Labor Market Data Due

European Economics News Preview: UK Labor Market Data Due

Labor market statistics from the UK and economic confidence survey results from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK unemployment data for October. The jobless rate is forecast to edge up to 3.7 percent in three months to October from 3.6 percent in three months to September.
RTTNews | 869 дней спустя

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