Tag Archives: slowing

Shopify Beats Estimates But Signs Emerge of Slowing Growth

NEW YORK, United States — Shopify Inc. easily beat revenue estimates for the key holiday shopping period, but a decline in the growth rate for business done on its platform tempered the otherwise positive results. Overall revenue surged 71 percent to $ 222.8 million in the fourth quarter, beating the Wall Street consensus of $ 209.48 million. However, growth in ...

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Pound to euro exchange rate: Sterling struggles amid fresh concerns over slowing UK growth

The exchange rate is at €1.132, after reaching a monthly high of €1.141 last week.  Sterling slipped yesterday as UK manufacturing figures were released.  The PMI proved poor, fueling concerns about the UK’s growth prospects.  Activity in Britain’s factory sector tumbled in September, with the manufacturing index sliding from 56.9 to 55.9. It fell below expectations of a m… Daily ...

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