08:05 AM EDT, 08/27/2024 (MT Newswires) -- Tuesday's second estimate of German gross domestic product (GDP) growth in Q2 confirms that the economy fell back into contraction, shrinking by 0.1% quarter-on-quarter, from 0.2% q/q growth in q/q, noted ING. On the year, GDP growth was up by 0.3%. While private consumption dropped by 0.2% q/q and investments plunged by more...

08:08 AM EDT, 08/27/2024 (MT Newswires) -- EchoStar ( SATS ) subsidiaries Hughes Network Systems and Boost Mobile said Tuesday that they demonstrated multi-transport network management for the US Navy earlier this year. The companies said the demonstration tested remote network orchestration, wide area network resiliency, and secure Radio Access Network sharing between private 5G networks at the US Navy...

Woodside Energy Group Ltd ( WDS ) shares are trading higher premarket Tuesday after the company reported its first-half FY24 results. Operating revenue fell 19% Y/Y to $5.99 billion. The company delivered half-year production of 89.3 MMboe (-2% Y/Y), with gas production of 60.9 MMboe (-4% Y/Y) and liquids production of 28.4 MMboe (+2% Y/Y). EBITDA excluding impairment declined 11%...

Aug 29 (Reuters) - Birkenstock ( BIRK ) missed expectations for third-quarter revenue on Thursday as customers held back from spending on pricey footwear, such as the German sandal maker's cork-based shoes, amid still-high costs of living. The company reported quarterly revenue of 564.8 million euros ($626.1 million), compared with analysts' estimates of 565.2 million euros, according to LSEG data....