EURO ZONE BUSINESS ACTIVITY
'We must not nostalgise, nostalgia is the mind-killer' The article discusses the intersection of nostalgia, football, and political ideologies in the context of the ongoing Euros. It reflects on personal memories tied to iconic football moments while cautioning against the pitfalls of excessive nostalgi...
09 Jul, 2024, 03.21 PM ISTETMarkets Smart Talk: Union Budget 2024 likely to focus on fiscal discipline, tax rationalization & driving capex cycle: Jiten Doshi While the market did react sharply to a scare of discontinuity against single-party-majority system which we witnessed for the last decade, it soon corrected upon assessing the construct of the new coalition and the structure of cabinet which clearl...
09 Jul, 2024, 09.09 AM ISTETMarkets Smart Talk: FPIs can't afford to ignore the markets for too long: Milind Muchhala The economic environment remains on a sound footing, as reflected in the various indicators (PMIs, GST, CAD, Forex Reserves, etc.), and so does the overall corporate earnings momentum, which is also supporting the buoyancy.
08 Jul, 2024, 11.09 AM IST- ADVERTISEMENT
Calcutta Municipal Corporation and Kolkata Police kickstart efforts to identify hawking zones in city Mayor-in-Council and MLA Debasish Kumar was in Gariahat on Friday, with Municipal officers and police personnel, to get on ground information about the hawkers through surveys. “We have created forms and we are jotting down details about the hawkers...
28 Jun, 2024, 07.02 PM ISTEuropean shares start week on bright footing on autos, banks' boost European shares rose on Monday, led by automobile and bank stocks, ahead of the first round of French parliamentary elections. Autos surged 1.6% after the EU and China agreed to discuss tariffs on Chinese EVs. Meanwhile, German business morale decli...
24 Jun, 2024, 02.49 PM ISTEurozone business activity slows on French vote risk Euro-area private-sector business activity lost momentum as France's snap election outcome weighs on firms. S&P Global's PMI fell to 50.8 in June, disappointing analysts. Europe's economy, recovering from last year's recession, faces challenges.
22 Jun, 2024, 09.38 AM ISTEurope's STOXX 600 falls as tech, banks drag European shares fell on Friday, with Carlsberg Group dropping 8% after Britvic rejected its $3.9 billion takeover bid, causing a 0.3% decline in the STOXX 600.
21 Jun, 2024, 02.44 PM ISTGlobal stock index rises slightly while euro falls, yields up MSCI's global equities index rose while investors awaited U.S. inflation data and central bank policy meetings. The euro fell after French President Emmanuel Macron called a snap election.
11 Jun, 2024, 08.24 AM ISTEuropean Central Bank set to cut rates for the first time since 2019 even as inflation fight continues All 82 economists polled by Reuters expected the ECB to trim its deposit rate to 3.75% on Thursday from a record 4.0%, in what would be its first cut since 2019. ECB policymakers have clearly telegraphed their intention to lower borrowing costs afte...
06 Jun, 2024, 04.23 PM ISTDollar firms against peers ahead of inflation test The dollar steadied against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter suggested room for the Federal Reserve to cut interest rates this year, while investors braced for a key inflation report.
31 May, 2024, 08.04 PM IST'Afternoon economy' cools as heat keeps customers indoors Heatwave conditions, particularly in the North, are significantly impacting the 'afternoon economy,' affecting sales and footfalls between 12 noon and 4 pm. The scorching temperatures are leading to a decline in the availability of delivery riders, ...
31 May, 2024, 12.28 AM ISTEurope's STOXX 600 dips as rate worries linger European shares slipped for a third straight session on Thursday ahead of further economic data from the euro zone that will provide more clues on the European Central Bank's interest rate path, while rate woes continued to dampen sentiment.
30 May, 2024, 01.03 PM ISTOil rises over $1 a barrel ahead of inflation data after downbeat week As of 12:10 p.m. ET (1610 GMT), the Brent crude July contract increased by 99 cents, reaching $83.11 per barrel. The more actively traded August contract rose by $1.08 to $82.92. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures climbed $1...
27 May, 2024, 10.22 PM ISTDollar firm ahead of global inflation data The dollar held steady on Monday, but was set for its first monthly loss this year, as investors were focused on U.S., European and Japanese inflation data to guide the global interest rate outlook.
27 May, 2024, 09.25 PM ISTEuropean shares rise as chipmakers bounce on Nvidia forecast European stocks edged higher on Thursday after strong forecasts from AI darling Nvidia lifted global chipmakers, while investors awaited the latest business surveys to gauge the euro zone economy's outlook and interest rate path.
23 May, 2024, 01.00 PM ISTCharting the global economy: BOE sends clearest sign yet of interest-rate cuts Thirteen economies in developed countries were experiencing per-capita recessions by the end of last year, as reported by Bloomberg Economics.
12 May, 2024, 10.00 AM ISTEuro zone business activity grows at fastest pace in almost a year HCOB's composite Purchasing Managers' Index (PMI) for the currency union, compiled by S&P Global and seen as a good gauge of overall economic health, bounced to 51.7 in April from March's 50.3, surpassing a preliminary 51.4 estimate.
07 May, 2024, 01.11 AM ISTSpotify's monthly user numbers miss estimates on lower promotions First-quarter MAUs rose 19%, but missed Spotify's own guidance and a median of analysts' forecasts of 618 million. It also forecast current-quarter MAUs at 631 million, missing estimates of 636.3 million, according to IBES data from LSEG.
23 Apr, 2024, 04.15 PM ISTEuropean shares fall over lacklustre Chinese stimulus, economic data in focus Basic resources and oil and gas shares declined 0.6% each as a firmer dollar and disappointment from the lack of fresh supportive measures in China sparked concerns over demand and slower consumption.
05 Mar, 2024, 03.49 PM ISTEuro zone economy stagnates as Germany struggles The euro zone's underperformance was mostly due to weakness in Germany, which has seen its business model - predicated on cheap energy from Russia and intense two-way trade with China - upended by geopolitical events.
30 Jan, 2024, 05.33 PM IST