Tag: Economic Indicators

Cost pressures on UK firms have gone up at a record level, suggesting that the current surge in consumer prices may be more than just a blip.A closely watched survey, produced by IHS Markit/CIPS, showed input costs rose at the fastest rate for 13 years.And inflation of prices charged by firms hit its highest since…

NEW YORK, June 23, 2021 /PRNewswire/ — Aircall, a cloud-based voice platform helping companies across the globe manage millions of customer support and sales calls every day, today announced it has raised $120 million in a Series D funding round, bringing the company’s total valuation to more than $1 billion. The funding round was led…

© Reuters. FILE PHOTO: Federal Reserve Board building is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell on Tuesday reaffirmed the U.S. central bank’s intent to encourage a “broad and inclusive” recovery of the job market, and not to raise…

Brady Corporation (BRC) – Get Report (“Brady”) today completed the acquisition of The Code Corporation (“Code” or the “Company”) for approximately $173 million. Brady will fund the transaction with cash on hand and borrowings on its existing revolving line of credit. Code has forecasted sales of nearly $50 million for Brady’s first full fiscal year…

By Ank Kuipers and Brian Ellsworth PARAMARIBO/CARACAS (Reuters) – Suriname on Tuesday said creditors were taking a “confrontational attitude” toward debt restructuring talks after bondholders rolled back a deal to delay payments, escalating a dispute between investors and the small South American nation. A creditor committee, which includes Franklin Templeton, Eaton Vance (NYSE:EV) and Greylock…

© Reuters. FILE PHOTO: Children are greeted on their first day of pre-school, as New York City pre-school students began in-person school following the outbreak of the coronavirus disease (COVID-19) in the Queens borough of New York City, U.S., September 21, 2020. R WASHINGTON (Reuters) – The Biden administration expects the start of child tax…

2/2 © Reuters. FILE PHOTO: A screen displays a chart that tracks the Dow Jones Industrial Average on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid/File Photo 2/2 By Dhara Ranasinghe LONDON (Reuters) -The 2020s have only just begun but there is already a rush…

NEW YORK, June 10, 2021 /PRNewswire/ — The Specialty Food Association (SFA) has released its annual State of the Specialty Food Industry Report, revealing that the specialty food market reached total sales of $170.4 billion in 2020, a 13 percent increase since 2018. Specialty food sales, specifically, grew 24 percent at retail from 2018-2020, and…

The Wednesday Market MinuteGlobal stocks edge lower in muted trading as rangebound markets discount inflation signals ahead of tomorrow’s key May CPI reading.China PPI surges to a 12-year high in May as raw materials costs boost factory gate prices. U.S. crude prices extend gains, following the first close over $70 a barrel since 2018, as the…

© Reuters. FILE PHOTO: A U.S. Dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration By Tom Westbrook SINGAPORE (Reuters) – The dollar clung to a small bounce on Wednesday as traders looked to upcoming U.S. inflation data and a European Central Bank (ECB) meeting to gauge the global recovery and…