After the Dutch gadget manufacturer Philips released better-than-expected second-quarter profits, its stock rose more than 10.5% in early trading on Monday. By 9:32 a.m. London time, the stock had reduced gains marginally and was trading up 10.45%. Similar group sales… Read More ›
Day: July 29, 2024
Reuters Survey Finds That Expectations Of Rate Reduction Are At Variance With The Global Economy’s Growing Resiliency
A growing number of economists surveyed by Reuters expressed optimism about the chances for global economy this year and next, though many are still sticking to their projections of interest rate reductions. The risks are still pointing towards greater inflation…. Read More ›