British fintech Revolut achieved a record pretax profit of £438 million in 2023, driven by strong user growth and rising interest income.Revolut reported a record pretax…
Browsing: #ECONOMY
Canadian stocks moved lower on Tuesday following remarks by the chair of the US Federal Reserve. The remarks raised concerns about the trajectory of interest rate…
Wall Street indexes were flat to higher Wednesday as tech stocks stabilized and investors awaited a key inflation report.Nvidia, the chip leader, fell 1.1% after rising,…
On Tuesday, Canadian PM Trudeau’s political future questioned as Liberal Party loses seat, highlighting his waning popularity.At approximately 5 am (1000 GMT), final results revealed Conservatives’…
European shares fell Tuesday as Airbus dropped on profit warning, pulling down aerospace stocks, while tech slid following Wall Street.STOXX 600 for the entire continent decreased…
During his China visit starting Friday, Economy Minister Robert Habeck will stress Germany’s trade commitment, though analysts favor U.S.-German ties.Habeck will explain the EU’s duties on…
Nippon Steel’s U.S. Steel acquisition might raise decarbonization costs; activists urge addressing the impact on climate goals.Nippon Steel offered $15 billion for U.S. Steel; however, the…
Retail Sales and Economic OutlookU.S. retail sales barely rose in May; meanwhile, April’s data was revised lower, indicating weak Q2 economic activity.Inflation and higher interest rates…
According to figures released on Monday by the largest members of the European Union, voters’ main worries in the election were the economy, immigration, and international…
Tuesday saw a little decline in futures for Canada’s main stock index as precious metals prices dropped. Investors were waiting for further information on the central…