Noticias de dinero

Q4 GDP Growth Revised Up to 3.4% Annual Rate

by Calculated Risk on 3/28/2024 08:30:00 AM From the BEA: Gross Domestic Product, Fourth Quarter and Year 2023 (Third Estimate), GDP by Industry, and Corporate Profits Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the fourth quarter of 2023, according to the “third” estimate released by the Bureau of

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Noticias de dinero

BYD posts record annual profit for 2023

BEIJING: Chinese battery and automotive giant BYD achieved a record profit in 2023, annual results showed on Tuesday, despite fierce competition in the country as demand for electric vehicles (EVs) grows. The Shenzhen-based company is now moving quickly overseas including into countries in Southeast Asia but also further afield in Latin America and Europe as

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Entretenimiento

apple: Apple to hold annual developers conference June 10-14

Apple will hold its Worldwide Developers Conference (WWDC) online from June 10 through June 14, it said on Tuesday. The event will highlight updates to the software powering iPhones, iPads and other Apple devices. Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website IIM Lucknow IIML Executive Programme in FinTech, Banking &

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Noticias de dinero

New Home Sales at 662,000 Annual Rate in February

by Calculated Risk on 3/25/2024 10:00:00 AM The Census Bureau reports New Home Sales in February were at a seasonally adjusted annual rate (SAAR) of 662 thousand. The previous three months were revised up slightly. Sales of new single‐family houses in February 2024 were at a seasonally adjusted annual rate of 662,000, according to estimates

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Noticias de dinero

Tencent posts lowest annual profit since 2019

BEIJING: Chinese internet giant Tencent on Wednesday posted its lowest annual profit since 2019, despite slight improvements recently in China’s economy and a more lenient attitude taken by regulators toward the tech sector. Tencent’s total net profit for 2023 stood at 115.2 billion yuan ($16.0 billion), according to a filing of annual results at the

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Noticias de dinero

Housing Starts Increased to 1.521 million Annual Rate in February

by Calculated Risk on 3/19/2024 08:30:00 AM From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,521,000. This is 10.7 percent above the revised January estimate of 1,374,000 and is 5.9 percent above the February 2023 rate of 1,436,000. Single‐family housing starts

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Noticias de dinero

Cathay Pacific reports first annual profit

HONG KONG: Hong Kong carrier Cathay Pacific on Wednesday reported its first annual net profit in four years, citing “significant pent-up demand for travel” as it emerges from the impact of the Covid pandemic. Chairman Patrick Healy said that “2023 was our first profitable year since 2019” and added that the imbalance between supply and

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Global

China closes annual session with near-unanimous support for Xi Jinping

China’s congress concluded its annual session with a show of near-unanimous support for the ruling Communist Party’s blueprint for the year. The nearly 3,000-member National People’s Congress approved a revised State Council law that directs China’s version of the cabinet to follow Xi’s vision. In brief closing remarks, Zhao Leji, the legislature’s top official, urged

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