business
Buoyant big tech earnings lifted US stocks on Friday while London scaled another peak as investors tracked a series of takeover bids for UK companies. The tech heavy Nasdaq led the way on Wall Street, adding more than two percent as traders shrugged off official data showing that a key measure of inflation favored by the US Federal Reserve had accelerated in March. The broader-based S&P added 1.0 percent while the Dow was 0.4 percent in the green as major European indices also rose. The markets had fallen on Thursday over concerns about spending at Facebook owner Meta and slower-than-expected ...
IBTimes
The US central bank's favored measure of inflation accelerated last month, according to government data published Friday, pushing back the chances of an interest rate cut this summer. The hotter print is likely to cement the view that inflation, while down sharply since 2022, remains a challenge, and could keep the Federal Reserve on pause as it seeks to battle rising prices. It also complicates US president Joe Biden's reelection message as he seeks to convince still-skeptical consumers that the economy is heading in the right direction ahead of November's vote. The personal consumption expen...
IBTimes
Two major ratings agencies left their assessment of France's huge debt pile unchanged Friday, but cast doubt on the government's debt reduction target. Moody's maintained France's sovereign rating at "Aa2" with a stable outlook. Fitch, which downgraded its rating for France last year, left it unchanged at "AA-" with a stable outlook. France's public deficit widened to 5.5 percent of GDP in 2023, overshooting the government's 4.9 percent target. And with the debt stock equal to 110.6 percent of GDP, France has the third highest debt ratio in the European Union after Greece and Italy. The govern...
IBTimes
まだ新年度を迎えて1カ月もたっていないが、大阪市では、退職を代行するサービスに依頼が殺到している。サ...
関西テレビ
まだ新年度を迎えて1カ月もたっていませんが、大阪市では、退職を代行するサービスに依頼が殺到しています...
関西テレビ
まだ新年度を迎えて1カ月もたっていないが、大阪市では、退職を代行するサービスに依頼が殺到している。サ...
FNNプライムオンライン
Walmart CEO Doug McMillon has had to work his way up through the ranks at the American retail corporation since he first began working there in the summer of 1984. At the age of 18, Doug McMillon started his journey at Walmart, unloading company trucks at a distribution centre in Arkansas, earning a modest $6.50 an hour. Despite the humble beginnings, he persevered, earning a bachelor's degree at the University of Arkansas and eventually taking over Walmart's Sam's Club and the retailer's international division. In 2014, he became Walmart CEO and now earns a salary worth more than $25 million ...
IBTimes
Russia's state-owned Sberbank announced a first-quarter net profit of $4.32 billion, an 11.3% increase over the same period last year, Reuters reported on April 26. Despite being under Western sanctions, Russia's banking industry is once again thriving. Sberbank reported a record annual profit of $16.3 billion in 2023, a more than five-fold increase in 2022. "We are observing strong growth for the start of the year in retail clients' funds, which forms a solid base for the development of the business in the future," CEO German Gref said in a statement reported by Reuters. The bank announced on...
Kyiv Independent (UK)
Russia's state-owned Sberbank announced a first-quarter net profit of $4.32 billion, an 11.3% increase over the same period last year, Reuters reported on April 26. Despite being under Western sanctions, Russia's banking industry is once again thriving. Sberbank reported a record annual profit of $16.3 billion in 2023, a more than five-fold increase in 2022. "We are observing strong growth for the start of the year in retail clients' funds, which forms a solid base for the development of the business in the future," CEO German Gref said in a statement reported by Reuters. The bank announced on...
Kyiv Independent (CA)
Russia's state-owned Sberbank announced a first-quarter net profit of $4.32 billion, an 11.3% increase over the same period last year, Reuters reported on April 26. Despite being under Western sanctions, Russia's banking industry is once again thriving. Sberbank reported a record annual profit of $16.3 billion in 2023, a more than five-fold increase in 2022. "We are observing strong growth for the start of the year in retail clients' funds, which forms a solid base for the development of the business in the future," CEO German Gref said in a statement reported by Reuters. The bank announced on...
Kyiv Independent
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