Wix.Com Ltd earnings beat by $0.06, revenue topped estimates
Investing.com – Wix.Com Ltd (NASDAQ: WIX) reported third quarter EPS of $1.50, $0.06 better than the analyst estimate of $1.44. Revenue for the quarter came in at $444.7M versus the consensus estimate of $443.97M. Guidance Wix.Com Ltd sees Q4 2024…
Risk assets may be entering ‘danger zone’: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -Even bulls now admit that U.S. stocks and credit are expensive. While many argue that the rosy macro outlook will keep the party going into next year, they’re cautious that the inevitable hangover will…
Exclusive-In high-wage Germany, VW’s labour costs outstrip the competition
By Victoria Waldersee and Christoph Steitz BERLIN/FRANKFURT (Reuters) – As Volkswagen (ETR:VOWG_p) and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker…
HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients
By Lawrence White LONDON (Reuters) – HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5 million) to invest. Jose Carvalho, HSBC UK’s head of wealth…
IMF warns Asia retaliatory tariffs could undermine growth
CEBU, Philippines (Reuters) – The International Monetary Fund (IMF) warned on Tuesday that “tit-for-tat” tariffs could undermine Asia’s economic prospects, raise costs and disrupt supply chains even as it expects the region to remain a key engine of growth for…
Singapore shares hit 17-year high on market revival efforts
By Sneha Kumar (Reuters) – Singapore shares jumped to a 17-year high on Tuesday, powered by a rally in index heavyweight financials, as the city-state ramps up efforts to revive its stock market. The Straits Times Index, comprising 30 biggest…