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17 01, 2022

KEX reports six months net profit of $8.38 million

2022-01-17T10:38:31-05:00

January 17, 2022 Knutsford Express Services Limited (KEX), for the six months ended November 30, 2021, reported total revenue of $473.22 million, a 74% or $201.90 million increase when compared with the $271.32 million reported for the same period in 2020. For the second quarter, revenues increased by 61% to close the period at $240.66

KEX reports six months net profit of $8.38 million2022-01-17T10:38:31-05:00
17 01, 2022

Overseas Headlines – January 17, 2022

2022-01-17T08:47:14-05:00

January 17, 2022 United States: Biden Faulted on Inflation by Majority in CBS Poll “A majority of Americans fault President Joe Biden’s handling of inflation and the economy, according to a CBS News poll, which also found that people increasingly find government guidance on Covid-19 confusing.” https://www.bloomberg.com/news/articles/2022-01-16/biden-s-job-on-inflation-found-lacking-by-majority-in-cbs-poll Europe: U.K. Property Asking Prices Increase at Quickest

Overseas Headlines – January 17, 20222022-01-17T08:47:14-05:00
14 01, 2022

US retail and food service sales was down 1.9% in December 2021

2022-01-14T13:40:26-05:00

January 14, 2022 Advance estimates of December 2021 retail and food service sales in the United States were $626.8 billion, down 1.9% (±0.5%) from the previous month but 16.9% (±0.9%) higher than December 2020. Total sales for the first twelve months of 2021 were up 19.3% (±0.5%) over the same period in 2020. Total sales

US retail and food service sales was down 1.9% in December 20212022-01-14T13:40:26-05:00
13 01, 2022

US Producer Price Index (PPI) rose 0.2% in December

2022-01-13T15:23:59-05:00

January 13, 2022 The seasonally adjusted Producer Price Index for final demand gained 0.2% in December, according to the US Bureau of Labor Statistics. Following gains of 1.0% in November and 0.6% in October, the stock market has risen again. Final demand prices increased 9.7% in 2021 on an unadjusted basis, the largest calendar-year increase since

US Producer Price Index (PPI) rose 0.2% in December2022-01-13T15:23:59-05:00
12 01, 2022

U.S. CPI inched up 0.5% for December 2021

2022-01-12T15:56:43-05:00

January 12, 2022 The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5% for December 2021, on a seasonally adjusted basis, according to U.S. Bureau of Labour Statistics (BLS). The all-items index rose 7.0% before seasonal adjustment over the last year. The all-items less food and energy index climbed 0.6% in December. The index

U.S. CPI inched up 0.5% for December 20212022-01-12T15:56:43-05:00
10 01, 2022

CBNY reports six months net loss of $2.53 million

2022-01-10T11:39:36-05:00

January 10, 2022 Financial Income decreased by 75% to total $1,000 from $4,000 in November 30, 2020. For the quarter, financial income closed at $1,000 (2020: $2,000). Group Operating Expenses totalled $2.53 million for the period relative to $2.25 million for the corresponding period in 2020, an 8% increase. While, for the quarter, group operating expenses

CBNY reports six months net loss of $2.53 million2022-01-10T11:39:36-05:00
7 01, 2022

U.S. unemployment rate declined to 3.9% in December 2021

2022-01-07T12:31:27-05:00

January 07, 2021 In December, total nonfarm payroll employment increased by 199,000. The unemployment rate ticked down to 3.9% in December. The job growth was spread across various industries, with notable gains in leisure and hospitality, in professional and business services, in manufacturing, in construction, and in transportation and warehousing. Professional and business services added

U.S. unemployment rate declined to 3.9% in December 20212022-01-07T12:31:27-05:00
6 01, 2022

U.S. unemployment claims increased for the week ended January 1

2022-01-06T14:18:09-05:00

January 06, 2022 The advance figure for seasonally adjusted initial claims in the week ending January 1 was 207,000, a 7,000 increase from the previous week's revised level. The prior week's figure was raised by 2,000 points, from 198,000 to 200,000. The 4-week moving average was 204,500, an increase of 4,750 from the corrected average

U.S. unemployment claims increased for the week ended January 12022-01-06T14:18:09-05:00
6 01, 2022

U.S. Goods and Services Deficit was $80.2 billion in November 2021

2022-01-06T11:24:28-05:00

January 06, 2022 The goods and services deficit in November was $80.2 billion, up $13.0 billion from $67.2 billion in October, according to the U.S. Census Bureau and the Bureau of Economic Analysis. November exports totaled $224.2 billion, a $0.4 billion increase over October exports. November imports totaled $304.4 billion, a $13.4 billion increase over

U.S. Goods and Services Deficit was $80.2 billion in November 20212022-01-06T11:24:28-05:00
5 01, 2022

US Job openings declined to 10.6 million in November 2021

2022-01-05T14:47:15-05:00

January 5, 2022 According to the U.S. Bureau of Labor Statistics, the number of job openings fell to 10.6 million on the last business day of November. Hires remained stable at 6.7 million, while total separations grew to 6.3 million. The quits rate inside separations jumped to 3.0 percent, matching a series high last observed

US Job openings declined to 10.6 million in November 20212022-01-05T14:47:15-05:00