Vimeo to lay off 11% of workforce citing 'deterioration in economic conditions'

Vimeo on Wednesday became the latest company to announce a reduction in its workforce due to deteriorating economic conditions. The cuts will impact n...

January 4, 2023, 1:50 pm

Eurozone december final services pmi 49.8 vs 49.1 prelim

• Composite PMI 49.3 vs 48.8 prelim

A slight revision higher sees the downturn in the euro area ...

January 4, 2023, 9:00 am

France december final services pmi 49.5 vs 48.1 prelim

• Composite PMI 49.1 vs 48.0 prelim

That's a modest revision higher but it still points to a con...

January 4, 2023, 8:50 am

Italy december services pmi 49.9 vs 49.5 expected

• Prior 49.5
• Composite PMI 49.6
• Prior 48.9

Italian business activity stabilised ...

January 4, 2023, 8:45 am

Spain december services pmi 51.6 vs 50.8 expected

• Prior 51.2

Spain's services sector rounded off 2022 in modestly positive fashion, with overall...

January 4, 2023, 8:16 am

Why purecycle technologies should rebound

Globally, the demand and supply of polypropylene can create the conditions for very profitable markets....

January 4, 2023, 8:11 am

Boj kuroda expects economy to grow firmly and stably this year

BoJ Governor Haruhiko Kuroda told the bankers’ association that Japan is facing uncertainties “such as inflation and pandemic. Yet, he expects the...

January 4, 2023, 3:14 am

Boj gov kuroda says again will continue to ease monetary policy to hit inflation target

Bank of Japan Governor Kuroda crossing the news wires.

• Continue monetary easing to achieve price hikes in tandem with wage growth targe...

  January 4, 2023, 2:22 am

Eqrx to present at the 41st annual j.p. morgan healthcare conference

CAMBRIDGE, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) — EQRx, Inc. (Nasdaq: EQRX), a new type of pharmaceutical company committed to developing and expan...

January 3, 2023, 1:00 pm

Eurjpy hits 3-month low, but key support area nearby

EURJPY stretched its bearish wave into the new year, tumbling to a three-month low of 138.20 on Tuesday. Previously, the support trendline drawn from ...

January 3, 2023, 8:50 am

Switzerland december manufacturing pmi 54.1 vs 53.3 expected

• Prior 53.9

The growth trend remains for Swiss manufacturing as the decline in the order backlo...

January 3, 2023, 8:31 am

Eurostoxx futures -0.7% in early european trading

• German DAX futures -0.6%
• UK FTSE futures flat

This follows a modest showing to start t...

January 3, 2023, 7:11 am

Tesla: low visibility should keep investors sidelined for now

Company reports weaker-than-expected Q4 delivery numbers. Increasing delta between production and deliveries remains a cause for concern. Discussing r...

January 3, 2023, 6:47 am

Karuna therapeutics to present at the 41st annual j.p. morgan healthcare conference

BOSTON--( BUSINESS WIRE )--Karuna Therapeutics, Inc. (NASDAQ: KRTX), a clinical-stage biopharmaceutical company driven to create and deliver transform...

January 3, 2023, 6:30 am

My top small-cap ideas for 2023

2022 was a rough year for most equities, with the S&P down 19% and the Russell 2000 down nearly 22% on the year. In large part because of rough market...

January 3, 2023, 6:17 am

3 tech fallen angels that could go bankrupt in 2023

Bankruptcies have been falling in the United States despite the challenging macroeconomic conditions of...

January 3, 2023, 5:34 am

Mcdonald's can continue to outperform

McDonald's has held up very well in 2022's challenging market conditions. The value proposition remains compelling for customers, even with higher pri...

January 3, 2023, 2:07 am

Australian dollar outlook for 2023 might remain us dollar dependent amid uncertainty

The Australian Dollar has started 2023 on the backfoot with the US Dollar broadly stronger across the board in thin trading ...

January 3, 2023, 2:00 am

China beige book says china economy dropped significantly in q4, q1 recovery unlikely

China Beige Book International (CBBI) adapts methodology used by the U.S. Federal Reserve's "Beige Book"

• its a quarterly report
• ...

  January 2, 2023, 9:24 pm

Eur/usd struggles around the two-week high of 1.0700, tumbles to 1.0650s

Failure to crack 1.0700, to pave the way to 1.0600 and below. The Euro (EUR) sheds some ground against the US Dollar (USD) on the first trading day of...

January 2, 2023, 5:14 pm