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Tag:

Quarter. 

  • Business News

    Irish domestic economy returns to growth in first quarter

    by Reuters June 2, 2023
    by Reuters June 2, 2023

    DUBLIN (Reuters) – Ireland’s domestic economy returned to growth in the first three months of the year after a shallow recession, data showed on Friday, and the finance minister said …

  • Business News

    Colombia current account deficit shrank 36.3% in first quarter

    by Reuters June 1, 2023
    by Reuters June 1, 2023

    BOGOTA (Reuters) – Colombia’s current account deficit shrank 36.3% in the first quarter compared with the same period last year, to $3.42 billion, the central bank said on Thursday, due …

  • Business News

    India’s economy likely gained pace in March quarter

    by Reuters May 30, 2023
    by Reuters May 30, 2023

    By Manoj Kumar NEW DELHI (Reuters) – India is set to release data on Wednesday that is expected to show the economy grew by 5% in the January-March quarter from …

  • Business News

    Swiss economy grows at faster than expected rate in first quarter

    by Reuters May 30, 2023
    by Reuters May 30, 2023

    ZURICH (Reuters) – The Swiss economy grew by a faster than expected rate at the start of the year, the government said on Tuesday, supported by robust domestic demand and …

  • MIsc. News

    San Diego Field Office seizes millions of dollars in narcotics in first quarter of 2023

    by US Border Patrol May 26, 2023
    by US Border Patrol May 26, 2023

    SAN DIEGO –  U.S. Customs and Border Protection officers from the San Diego Field Office seized a variety of narcotics worth an estimated quarter billion dollars from January 1 to …

  • Business News

    South Korea household credit shrinks at record pace in first quarter

    by Reuters May 22, 2023
    by Reuters May 22, 2023

    SEOUL (Reuters) – South Korea’s household credit shrank at a record pace in the first quarter as high interest rates suppressed demand, central bank data showed on Tuesday. The country’s …

  • Business News

    Analysis-Investors see trouble ahead after Europe’s stellar first quarter

    by Reuters May 19, 2023
    by Reuters May 19, 2023

    By Joice Alves LONDON (Reuters) – Big European companies have delivered significantly stronger than expected first-quarter results, defying a challenging economic backdrop that includes surging inflation and rising interest rates. …

  • Business News

    Russian economy shrank 1.9% in first quarter – stats service

    by Reuters May 17, 2023
    by Reuters May 17, 2023

    (Reuters) – Russia’s economy shrank 1.9% year-on-year in the first quarter of 2023, data from the Rosstat federal statistics service showed on Wednesday, following growth of 3% in the same …

  • Business News

    Colombia’s Grupo SURA nearly doubles profits in first quarter

    by Reuters May 15, 2023
    by Reuters May 15, 2023

    (Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, almost doubled in the first quarter compared to the year-ago period, the company said in a filing on Monday, …

  • Business News

    Arrowstreet, Coatue Management among big hedge funds buying Meta in first quarter

    by Reuters May 15, 2023
    by Reuters May 15, 2023

    By David Randall NEW YORK (Reuters) – Prominent hedge funds including Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management LLC were among the investors that bought shares of Meta …

  • Business News

    Soros Fund Management cut Tesla stake, added Netflix in 1st quarter

    by Reuters May 12, 2023
    by Reuters May 12, 2023

    By David Randall NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, slashed its stakes in electric vehicle makers Tesla Inc and Rivian Automotive in …

  • Business News

    Chipmaker GlobalFoundries forecasts downbeat quarter, shares fall

    by Reuters May 9, 2023
    by Reuters May 9, 2023

    (Reuters) – GlobalFoundries Inc projected quarterly revenue below estimates on Tuesday as the chip manufacturer takes a hit from slumping sales of smartphones and other consumer electronics, sending its shares …

  • Business News

    Australia Q1 retail sales volumes fall for a second straight quarter

    by Reuters May 8, 2023
    by Reuters May 8, 2023

    SYDNEY (Reuters) – Australian retail sales volumes during the first quarter of 2023 fell for a second straight quarter, a sign that rising interest rates and the high cost of …

  • US and World News

    Joint Philippines-U.S. patrols in South China Sea may begin by third quarter – envoy

    by Reuters May 8, 2023
    by Reuters May 8, 2023

    MANILA (Reuters) – Joint patrols between the Philippines and the United States in the South China Sea may begin later this year, a top diplomat said on Monday, just days …

  • Business News

    Moncler’s sales up 23% in first quarter, beating expectations

    by Reuters May 4, 2023
    by Reuters May 4, 2023

    MILAN (Reuters) -First quarter sales at Italian fashion group Moncler jumped by 23% at constant exchange rates, beating analysts’ expectations, boosted by Chinese demand and solid growth in the EMEA …

  • Business News

    US productivity drops in first quarter; labor costs jump

    by Reuters May 4, 2023
    by Reuters May 4, 2023

    WASHINGTON (Reuters) – U.S. worker productivity fell more than expected in the first quarter after growing in the second half of 2022, boosting labor costs, which could see the Federal …

  • Business News

    Metro Bank posts second quarter of profitability on mortgage loans demand

    by Reuters May 3, 2023
    by Reuters May 3, 2023

    (Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows picked up pace in March on a revival in demand …

  • Business News

    Indonesia economy likely grew 4.95% on year in Q1, contracted vs quarter: Reuters poll

    by Reuters May 2, 2023
    by Reuters May 2, 2023

    By Sujith Pai BENGALURU (Reuters) – Indonesian annual economic growth likely slowed to its weakest in more than a year in January-March and shrank on a quarterly basis as lower …

  • Business News

    Foreign tourism to Portugal has best first quarter ever

    by Reuters April 28, 2023
    by Reuters April 28, 2023

    LISBON (Reuters) – The number of foreign tourists visiting Portugal surpassed 2.8 million from January through March, making it the best first quarter on record despite high global inflation and …

  • Business News

    Czech rates seen on hold before cut in third quarter

    by Reuters April 28, 2023
    by Reuters April 28, 2023

    By Jason Hovet PRAGUE (Reuters) – The Czech National Bank (CNB) is likely to maintain policy stability and keep its key interest rate at a more than two-decade high of …

  • Business News

    Starbucks operator Alsea posts profit bump on sales boost

    by Reuters April 28, 2023
    by Reuters April 28, 2023

    MEXICO CITY (Reuters) -Mexican restaurant chain operator Alsea posted a 12% bump in net profit for the first three months of this year, the company said in a statement on …

  • Business News

    Recession-wary investors pour $9.1 billion into hedge funds in first quarter

    by Reuters April 21, 2023
    by Reuters April 21, 2023

    By Svea Herbst-Bayliss BOSTON (Reuters) – Hedge funds pulled in $9.1 billion in new money during the first three months of 2023, data showed on Friday, after last year’s hefty …

  • Business News

    TotalEnergies’ variable cost margin for European refineries jumps in the first quarter

    by Reuters April 18, 2023
    by Reuters April 18, 2023

    (Reuters) – French energy company TotalEnergies’ variable cost margin for European refineries jumped to $87.8 dollar per tonne in the first quarter, the company said in a preliminary release of …

  • Business News

    Brazil’s jobless rate rises to 8.6% in quarter through February

    by Reuters March 31, 2023
    by Reuters March 31, 2023

    SAO PAULO (Reuters) – Brazil’s jobless rate rose to 8.6% in the three months through February, statistics agency IBGE said on Friday, slightly below market expectations of 8.7%. The data …

  • Business News

    First quarter ‘dash for cash’ largest since early 2020 -BofA

    by Reuters March 31, 2023
    by Reuters March 31, 2023

    LONDON (Reuters) – Investors moved $508 billion into cash in the first three months of this year, the largest quarterly inflow since market turmoil early in the COVID-19 pandemic, according …

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