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German Manufacturing Orders Log Surprise Fall

Germany's factory orders posted an unexpected decline in April on sharp reduction in large-scale orders, data from Destatis showed on Thursday. Factory orders dropped 0.2 percent month-on-month in April, confounding expectations for an increase of 0.3 percent. Orders had declined over the last four months. Nonetheless, the latest pace of decline was slower than the revised 0.8 percent fall pos
RTTNews | Pred 1 dňom
Morgan Stanley Infrastructure Partners To Acquire 49% Stake In Onslow Iron Road Trust

Morgan Stanley Infrastructure Partners To Acquire 49% Stake In Onslow Iron Road Trust

Morgan Stanley Investment Management or MSIM, through investment funds managed by Morgan Stanley Infrastructure Partners or MSIP, a private infrastructure investment platform within MSIM, announced Thursday it has agreed to acquire a 49% stake in Onslow Iron Road Trust in partnership with Mineral Resources Ltd., which will continue to own a 51% stake.
RTTNews | Pred 1 dňom
Big Lots Guides Q2 Comp Sales - Update

Big Lots Guides Q2 Comp Sales - Update

While reporting financial results for the first quarter on Thursday, home discount retailer Big Lots, Inc. (BIG) provided comparable sales growth guidance for the second quarter.
RTTNews | Pred 1 dňom
FREYR Battery Names Tom Jensen To Succeed Birger Steen As CEO; Evan Calio Named CFO

FREYR Battery Names Tom Jensen To Succeed Birger Steen As CEO; Evan Calio Named CFO

FREYR Battery (FREY) announced Thursday the appointment of Co-Founder and current Chairperson of the Board of Directors Tom Jensen as Chief Executive Officer. Current Director Daniel Barcelo has been appointed the next Chair of the Board. Additionally, Evan Calio has been appointed as the Company's new CFO.
RTTNews | Pred 1 dňom
European Shares Positive On Hopes Of ECB Rate Cuts

European Shares Positive On Hopes Of ECB Rate Cuts

European stocks were gaining in the mid-market trading on Thursday, following mostly positive Asian stock markets, as investors remain optimistic ahead of the European Central Bank's decision on key interest rates. The ECB, at the governing council meeting in Frankfurt on Thursday, is widely expected to cut the main refinancing rate, the deposit facility rate and the lending rate by 25 basis...
RTTNews | Pred 1 dňom
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UK Construction Growth Fastest In Nearly Two Years

UK Construction Growth Fastest In Nearly Two Years

The UK construction sector logged its fastest growth in two years in May with activity and new orders increasing at sharper rates, survey results from S&P Global showed on Thursday. The construction Purchasing Managers' Index rose unexpectedly to 54.7 in May from 53.0 in April. The reading was forecast to fall to 52.5.
RTTNews | Pred 1 dňom
Antipodean Currencies Rise Amid Risk Appetite

Antipodean Currencies Rise Amid Risk Appetite

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major counterparts in the Asian session on Thursday amid risk appetite, following the broadly positive cues from global markets overnight, amid optimism about the outlook for U.S. interest rates after a report showed U.S. private sector job growth slowed by more than expected in the month of May. Treasury yields also extended the recent downward trend.
RTTNews | Pred 2 dňami
German Construction Sector Continues To Contract

German Construction Sector Continues To Contract

Germany's construction sector remained deep in the contraction zone in May on sharp falls in total industry activity and new orders, the latest HCOB survey compiled by S&P Global showed on Thursday. The construction Purchasing Managers' Index posted 38.5 in May, up from 37.5 in April. A reading below the threshold 50.0 indicates contraction.
RTTNews | Pred 2 dňami

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