Category: Economy

Federal election 2022 It is a truth (almost) universally acknowledged by Labor politicians that it’s near impossible to reform from opposition. Be too ambitious, make yourself too big a target, … Read More

The TJX Companies, Inc. (TJX) said its first-quarter pretax profit margin and earnings per share, each on an adjusted basis, exceeded its plans even though sales were slightly below planned … Read More

Superannuation is paid by your employer straight into your super fund. It is called the Super Guarantee and the rate for the financial year ending June 30, 2022 is 10 … Read More

Fox Corporation (FOXA,FOX) said it recorded a 7% topline growth in the third quarter, propelled by pricing strength in both distribution and advertising revenues across its leadership brands, complemented by … Read More

Wacker Neuson SE (WKRCF.PK), a German maker of construction equipment and machines, on Tuesday posted a decline in net profit for the first quarter, amidst the persisting uneasy situation in … Read More

Five rounds of sanctions have failed to halt Vladimir Putin’s relentless and indiscriminate war machine. The Russian economy has not crashed. Indeed, there are signs it is recovering, having learnt … Read More

German semiconductor company Infineon Technologies AG on Monday raised its fiscal 2022 forecast again after reporting higher second-quarter results on continued strong demand despite global uncertainties. Further, the company projects … Read More

Sweden’s central bank raised its key interest rate and decided to reduce the size of balance sheet in the second half of the year, taking a U-turn from its dovish … Read More

First-time claims for U.S. unemployment benefits edged slightly lower in the week ended April 23rd, the Labor Department revealed in a report released on Thursday. The report showed initial jobless … Read More

Shares of Standard Chartered Plc gained significantly in London trading as well as in Hong Kong after the British bank reported Thursday higher first-quarter results. Looking ahead for fiscal 2022, … Read More

T-Mobile US, Inc. (TMUS) said its first quarter net income decreased 24% and EPS decreased 23% year-on-year primarily due to: higher cost of equipment sales; lower equipment revenues; higher cost … Read More

Shares of Philips Electronics NV were losing around 11 percent in the morning trading in Amsterdam as well as in pre-markect activity on the NYSE after the Dutch consumer electronics … Read More