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Economic News

Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings

U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages finished the regular…

Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll

Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties…

China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing’s zero-COVID…

Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%

U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark averages finished mixed as investors grew cautious…

Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday,…

ECB To Raise Rates Again And Face Questions About Future Path

The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the…

Vodafone Interim CEO Vows to ‘Do Better’ After Q3 Revenue Growth Slows

in third-quarter revenue growth that stemmed from weak performance in key European markets. Organic growth in service revenue dropped to…

UniCredit Hikes Payout Goal By 40% After Record Rofit

UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results after posting…

Rising Interest Rates Have a Sting in The Tail For Europe’s Banks

Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the…

MSCI Seeks Feedback On Adani Group Over Hindenburg Report

Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities and was aware of…