Breaking News
Jan 12, 2023
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Porsche said its worldwide automobile sales increased 3% to 310,000 in 2022 after sales in its single largest market China declined 2%, Europe sales rose 7% and North America sales were flat.
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Japan's new car sales declined 5.6% in 2022, the lowest level in 45 years, to 4.2 million units. Toyota's domestic sales dropped 12.4% to 1.2 million.
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Euro Area inflation eased to 9.2% in December from 10.1% in November and dropped to a four-month low. Energy prices rose at a slower pace but prices for food and beverages accelerated.
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The U.S. economy added 223,000 jobs in December, the smallest monthly increase in two years. In 2022, non-farm payrolls rose 375,000 a month totaling 4.5 million.
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Benchmark indexes soared 1.5% after decelerating job additions and wage gains in December raised hopes of slowing inflation.
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The Hang Seng index increased 1.3% and extended 2023 gains to 4.5% on the back of a surge in Internet and property stocks. The Hang Seng index has declined in the previous three years in a row.
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Italy reported easing of inflation to 11.6% in December from 11.8% in November after natural gas prices eased. Germany, France, Spain and Switzerland also reported easing inflation this week.
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Germany's seasonally adjusted trade surplus in November increased to
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U.S. international trade deficit of goods and services declined to $61.5 billion in November, down $16.3 billion from the revised $77.8 billion in October.
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Walgreens said fiscal first quarter revenue eased 1.5% to $33.3 billion and swung to a net loss of $3.72 billion or $4.31 a share on $5.2 billion pre-tax charge related to opioid settlement.
Jan 6, 2023
Jan 5, 2023
