European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
Schlagwort-Archiv: Markets
JD Vance blames U.S. wage losses on China’s efforts to build its middle class
U.S. presidential hopeful Donald Trump’s new running mate JD Vance stuck to a hard line on China in his first speech since being selected earlier in the week.
Volvo Cars jumps 7% after reporting a record core operating profit
Shares of Volvo Cars rose sharply on Thursday after the company reported a jump in annual operating profit for the second quarter.
TSMC second-quarter profit beats expectations as AI chip boom continues
TSMC on Thursday beat revenue and profit expectations in the second quarter, as demand for advanced chips used in AI applications continue to surge.
Nokia shares slide 8% after posting lowest quarterly net sales figure since 2015
Shares of Finnish telecom firm Nokia plunged after a steep drop in sales and operating profit in the second quarter.
United Airlines profit jumps 23%, but third-quarter forecast disappoints amid industry overcapacity
United and Delta have benefited from an increase in consumers‘ shift to premium cabins.
Adidas shares rise after hiking 2024 guidance
Shares in Adidas nudged higher on Wednesday after the company announced it would hike its full year 2024 earnings guidance.
IMF sees ‘bumps’ in path to lower inflation
Stubborn services and wage inflation will slow the pace of disinflation in the U.S. and globally, according to the IMF.
Fed Governor Waller sees central bank ‚getting closer‘ to an interest rate cut
Central bankers have become more optimistic by data that has shown inflation easing.
HSBC appoints Georges Elhedery as group CEO starting Sept. 2
Elhedery, who is the current chief financial officer, will replace outgoing head Noel Quinn in September.