Tag: tech

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Bank of England growth cut a blow to Chancellor

The Bank of England has cut its 2025 growth forecast in half and warned that the government's tax raid risks driving unemployment higher than expected. The Bank believes the economy will barely avoid recession, and inflation is expected to rise to 3.7pc by the end of this year.

Kensington and Chelsea council cuts pension contributions, sparks funding concerns

Kensington and Chelsea slashes pension contributions following criticism, redirecting funds to support Grenfell survivors.

Canadians Overwhelmingly Support Retaliatory Oil Export Taxes Against Trump Tariffs

New poll reveals widespread Canadian support for export taxes on oil to retaliate against US President Trump's tariffs, potentially giving Prime Minister Trudeau's government leverage in trade negotiations.

US Stocks Falter on Earnings Disappointment, Treasury Yield Rise

US index futures fluctuated Thursday as concerns about US stock valuations resurfaced amid disappointing corporate earnings, while 10-year Treasury yields ticked higher after an interview with Treasury Secretary Scott Bessent.

SocGen Pledges Higher Payouts After Solid Q4 Results

Societe Generale targets higher payouts as profits surge; shares jump on upbeat outlook

Germany's Election: How Parties Plan to Shape Finance

German election: How parties plan to shape finance industry

DHT Reports Q4 Net Income of $54.9 Million

DHT Holdings Inc. reports Q4 net income of $54.9 million, or 34 cents per share, on revenue of $131.4 million. For the year, the company reported profit of $181.4 million, or $1.12 per share, on revenue of $392.2 million.

AvalonBay's Q4 FFO Misses Estimates

AvalonBay Communities misses Q4 profit expectations, reporting funds from operations of $2.80 per share. Full-year FFO was $11.01 per share, and revenue was $2.91 billion.

Why Griffon (GFF) Stock is Up 10.7% Today

Griffon Corp (GFF) shares jumped 10.7% after the consumer and professional products manufacturer reported Q4 results that beat EPS and EBITDA estimates but slightly missed on revenue.

China Files WTO Dispute Over U.S. Tariffs on Chinese Goods

China has launched a dispute at the WTO over tariffs imposed by US President Donald Trump on Chinese goods. China says the measures are inconsistent with US obligations under the WTO agreement and reserves the right to take further action.