After trending higher over the past several sessions, stocks are turning in a lackluster performance during trading on Wednesday. The major averages have spent the day bouncing back and forth
Continue reading »Eurozone Retail Sales Decline Moderates
Euro area retail sales slump slowed in September as the deeper fall in the non-food segment was partially offset by the rebound in food sales, but the data cast doubt
Continue reading »Canadian Solar Sees Q4 Revenues Below Market After Weak Q3 Results; Stock Down In Premarket
Canadian Solar Inc. (CSIQ), while reporting weak third-quarter results, on Tuesday issued its fourth-quarter revenue outlook below market estimates. In pre-market activity on Nasdaq, the shares were losing around 9.4
Continue reading »‘Growth during the second half should be good’
‘With NPA under control, we should be able to post better profits.’ Shriram Finance Ltd, the largest retail NBFC in India, posted 14 per cent rise in consolidated net profit
Continue reading »Indonesia GDP Growth At 2-Year Low
Indonesia’s economic growth weakened to a two-year low in the third quarter on falling government spending and exports, official data revealed on Monday. Gross domestic product grew 4.94 percent year-on-year
Continue reading »U.S. Job Growth Falls Short Of Estimates In October
After reporting much stronger than expected job growth in the previous month, the Labor Department released a report on Friday showing U.S. employment rose by less than expected in the
Continue reading »European Shares Inch Higher On Bets Of Peak Interest Rates
European stocks traded higher on Friday as weak U.S. economic data released overnight spurred bets that the Federal Reserve was done with its rate hikes for the year. The monthly
Continue reading »Ozone Hole Above Antarctica 12th Largest On Record
The Antarctic ozone hole reached its maximum size of the year on September 21, according to annual satellite and balloon-based measurements made by NASA and NOAA. At 10 million square
Continue reading »‘We are seeing growth in retail health insurance’
‘Pandemic has triggered interest and awareness among the people about the need for healthcare.’ Retail health insurance product sales have picked up after the pandemic due to increasing awareness and
Continue reading »Fed Leaves Interest Rates Unchanged For Third Time In Four Meetings
For the third time in the past four meetings, the Federal Reserve on Wednesday decided to leave interest rates unchanged. The Fed said it decided to maintain the target range
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