Tag: Economy
Little moved American market. Snap weighs on the Nasdaq
(Finance) – Weak session on Wall Street, which is preparing to end the week with the greatest gains in almost a month. To pull the American stock market from Monday…
OVS, information on the share buy-back
(Finance) – OVS has announced that it has purchasedbetween 14 and 20 July 2022, overall 275,027 ordinary shares (equal to 0.095% of the share capital) at the average unit price…
USA, PMI indices indicate first contraction in over two years
(Finance) – Manufacturing activity in the United States continues to expand, but decelerates in July. The flash estimate on the PMI index prepared by S&P Global indicates a level of…
TXT e-solutions, disclosure on treasury shares
(Finance) – TXT e-solutions announced that, from 4 to 8 July 2022, purchased 4800 treasury shares for a corresponding equal to 54,500.86 euros as part of the buy-back program approved…
Drought in Germany creates shipping problems – could affect the country’s economy
At Kaub on the Rhine, the average depth is normally just over two metres, around 20 July the depth was closer to 70 centimetres. Water levels are also unusually low…
Bank of Italy, in 2020 average household spending at its lowest since 1980
(Finance) – In 2020 the average household expenditure it decreased in real terms by 9.7 per cent compared to 2016, continuing the decline already underway, albeit with varying intensity, since…
The US Treasury Secretary wants to be reassuring about a possible recession
On Tuesday and Wednesday, the Fed is meeting and is expected to raise its key rates for the fourth time in an attempt to counter inflation in the United States.…
ECB, more pessimistic economists on growth and inflation
(Finance) – The growth of the Eurozone has slowed down due to the effects of the war in Ukraine and the impact of inflation on household purchasing power and consumption.…
Bank of Russia: there is a possibility to further lower interest rates
(Finance) – The Russian central bank, in today’s monetary policy meeting, found herself having to choose between lowering the key rate to 8%, 8.5% or 9%, and then proceeding with…
CheBanca! Net profit rises to 62 million euros
(Finance) – CheBanca!a bank dedicated to the management of the group’s savings and investments Mediobancaclosed on financial statements as at 30 June 2022 with revenues up 9.8% to 393 million…