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China Exports & Imports Register Slower Decline

China's exports declined at a slower pace in August as the weaker yuan made shipments more competitive and imports decreased less than expected on improving commodity demand, official data revealed on Thursday. Exports slid 8.8 percent on a yearly basis in August but slower than the 14.5 percent decline in July, the General Administration of Customs reported.
RTTNews | 1113 hari yang lalu
WeWork To Renegotiate Nearly All Its Leases

WeWork To Renegotiate Nearly All Its Leases

WeWork Inc. said it is starting a process to renegotiate nearly all its leases worldwide as the loss-making flexible space provider tries to fix its financial troubles. As part of the move, the company, which offers workspaces and services, plans to exit unfit and underperforming locations and to reinvest in its strongest assets.
RTTNews | 1113 hari yang lalu
Lowe's To Carry Toro Product Lineup Under Strategic Retail Partnership Deal

Lowe's To Carry Toro Product Lineup Under Strategic Retail Partnership Deal

The Toro Co. (TTC) and Lowe's Cos., Inc. (LOW) announced Thursday a strategic retail partnership through which Lowe's will carry Toro zero-turn riding mowers, walk mowers, portable power equipment and snow blowers in both the gas and rapidly expanding battery categories.
RTTNews | 1113 hari yang lalu
Dollar Climbs After U.S. Jobless Claims

Dollar Climbs After U.S. Jobless Claims

The U.S. weekly jobless claims for the week ended September 2 have been released at 8.30 am ET Thursday. The greenback strengthened against its major rivals after the data.
RTTNews | 1113 hari yang lalu
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U.S. Initial Jobless Claims Unexpectedly Decrease

U.S. Initial Jobless Claims Unexpectedly Decrease

The Labor Department released a report on Thursday unexpectedly showing a decline in first-time claims for U.S. unemployment benefits in the week ended September 2nd.
RTTNews | 1113 hari yang lalu
Dollar Mixed Ahead Of U.S. Jobless Claims

Dollar Mixed Ahead Of U.S. Jobless Claims

The U.S. weekly jobless claims for the week ended September 2 will be published at 8:30 am ET Thursday. The greenback traded mixed against its major rivals before the data. While it rose against the euro, it held steady against the pound and the franc. Versus the yen, it fell.
RTTNews | 1113 hari yang lalu
Pound Weakens As BoE Bailey Signals Peak In Interest Rates

Pound Weakens As BoE Bailey Signals Peak In Interest Rates

The pound fell against its major counterparts during European deals on Thursday, as comments from Bank of England Governor Andrew Bailey suggested that the central bank was close to the end of its rate hike cycle.
RTTNews | 1113 hari yang lalu

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