Month: November 2023
Remy Cointreau Earnings Drop on U.S. Headwinds
Remy Cointreau confirmed its recently-downgraded sales guidance for fiscal 2024 after it posted a sharp decline in sales and earnings in the first half and said it had implemented cost-cutting measures to mitigate short-term adverse market effects.
Read MoreSAS Losses Widen on Higher Costs
SAS reported a much bigger-than-expected loss in the fourth quarter on a weak Swedish krona and high jet-fuel prices, but reported revenues just above views and said it expected to get approval in its Chapter 11 process in early 2024.
Read MoreDecline in Inflation Expected to Limit Upside in German Bund Yields
A decent drop in eurozone inflation should limit the upside in German Bund yields, even as front-end valuations look “increasingly ambitious,” Commerzbank Research said.
Read MoreABB Raises Financial Targets
ABB lifted its long-term revenue and margin targets as it said the majority of its divisions have progressed toward a so-called strategic growth mandate.
Read MoreUS military aircraft crashes in sea off Japan, at least one dead
(This Nov. 29 story has been corrected after a clarification from the the Yakushima Fisheries Cooperative that one person had been found, not three, in paragraph 5) By Kiyoshi Takenaka and Tim Kelly TOKYO (Reuters) – A U.S. military aircraft
Read MoreIsrael and Hamas agree to extend temporary truce
By Nidal al-Mughrabi, Mohammad Salem and Emily Rose GAZA/JERUSALEM (Reuters) -Israel and Hamas struck a last-minute agreement on Thursday to extend their six-day ceasefire by at least one more day to allow negotiators to keep working on deals to swap
Read MoreWhy Robinhood Wants British Customers
Digital brokerages Webull and Public have also launched in the U.K. this year.
Read MoreIsrael and Hamas Extend Their War Truce For Another Day
Israel and Hamas have agreed to extend their truce for at least another day, according to Qatar, the main mediator in the talks between the warring sides. Israel’s military confirmed the cease-fire would continue beyond this morning, without giving a
Read MoreThese Are the Biggest Moments From TIME’s Latino Leaders Dinner
On Nov. 29 in Los Angeles, TIME hosted a dinner honoring its inaugural list of Latinos who are making an impact on the country. Held at Soulmate in West Hollywood, the event convened honorees including actor and producer Eva Longoria,
Read MoreAsian Currencies Consolidate; May Strengthen Amid Lower Treasury Yields
USD/SGD edged lower in the afternoon Asian session ahead of the U.S. October core PCE price index, the Fed’s preferred measure of inflation, which is due out later today.
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