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U.S. Consumer Sentiment Drops Slightly Less Than Previously Estimated In May
Consumer sentiment in the U.S. deteriorated slightly less than previously estimated in the month of May, according to revised data released by the University of Michigan on Friday. The report said the consumer sentiment index for May was upwardly revised to 69.1 from the preliminary reading of 67.4. Economists had expected the index to be unrevised.
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U.S. Durable Goods Orders Unexpectedly Rise In April But March Jump Downwardly Revised
New orders for U.S. manufactured durable goods unexpectedly increased in the month of April, according to a report released by the Commerce Department on Friday, although the growth came following a significantly downwardly revised jump in March. The report said durable goods orders climbed by 0.7 percent in April following a downwardly revised 0.8 percent advance in March.
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UK Retail Sales Decline On Poor Weather; Consumer Sentiment Improves
UK retail sales declined more than expected in April as poor weather reduced footfall, official data revealed on Friday. Meanwhile, a monthly survey conducted by the market research group GfK showed that British consumer sentiment strengthened in May as households' became more optimistic about future personal finances and general economic outlook.
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Fraport AG Frankfurt Airport Decides To Buy Back Own Shares For Employee Participation Program
As part of it's employee participation program this year, the Executive Board of Fraport AG Frankfurt Airport Services Worldwide has decided to buy back own shares through the stock exchange.
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Elon Musk Says He Favors No Tariffs On Chinese EVs
Tesla founder and CEO Elon Musk, while speaking at a technology conference in Paris, said that he doesn't support President Biden's recent announcement of a tariff on imported Chinese-made electric vehicles. At the Viva Technology conference, Musk said, "Tesla competes quite well in the market in China with no tariffs and no deferential support... I'm in favor of no tariffs and no incentives...
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Ferrovial Awarded $1.2 Bln In Construction And Maintenance Contracts In US And Canada
Infrastructure company Ferrovial SE (FRRVY.PK, FRRVF.PK) announced Friday that through its construction subsidiary Webber, it was awarded nine new contracts totaling $1.2 billion for construction and maintenance projects in the U.S. and Canada. The work includes roadway improvements, bridge construction, expansion of water treatment plants, and road maintenance.
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German GDP Grows 0.2% As Estimated
The German economy expanded as initially estimated in the first quarter and avoided a recession, thanks to the rebound in investment and exports. Gross domestic product expanded 0.2 percent sequentially in the first quarter, in contrast to the 0.5 percent decrease in the preceding three months, Destatis reported Friday. The statistical office confirmed the flash estimate published on April 30.
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Berita lainnya
Bay Street Seen Opening Higher
Canadian shares may open a bit higher Friday morning on bargain hunting after losses in the previous two sessions.
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U.S. Durable Goods Orders Unexpectedly Increase In April
New orders for U.S. manufactured durable goods unexpectedly increased in the month of April, according to a report released by the Commerce Department on Friday, although the growth came following a significantly downwardly revised jump in March.
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SLB OneSubsea Granted Contract By Equinor For Phase 3, Stage 2 Of North Sea Troll Project
SLB (SLB) announced Friday it has been awarded a sizeable contract by Equinor ASA (EQNR) to its OneSubsea joint venture. The award leverages an existing long-term contract for the execution of the second stage of Phase 3 for Equinor's Troll project in the North Sea, offshore Norway.
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Sensex, Nifty End Marginally Lower After Thursday's Strong Rally
Indian shares ended little changed on Friday after posting strong gains the previous day on news of RBI's Rs 2.1 lakh crore bonanza to the government.
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Japan Inflation Slows For Second Month
Japan's core inflation weakened for the second consecutive month in April, but the slowdown is likely to be temporary given the expected increase in wages and a weaker yen adding upward pressure on import prices, and this is set to keep the Bank of Japan cautious regarding the future path of interest rates. Core inflation that excludes fresh food softened to 2.2 percent from 2.6 percent.
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European Shares Slide On Rate Worries
European stocks fell in cautious trade on Friday as U.S. rate jitters along with growing tensions between China and Taiwan sapped investors' appetite for risk.
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