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Brazil’s industrial output falls more than expected in April
SAO PAULO (Reuters) - Industrial production in Brazil fell by more than expected in April from March, data from government statistics agency IBGE showed on Friday, underscoring the difficulties faced ...
Syndicated Content Jun 02, 2023
Biden lauds U.S. job growth, says debt ceiling bill to also boost economy
WASHINGTON (Reuters) - U.S. President Joe Biden said the bipartisan debt ceiling bill is expected to further boost the nation's economic outlook after data released earlier on Friday showed higher U.S...
Syndicated Content Jun 02, 2023
Hungary cbank chief sees chance for euro adoption only after 2030
BUDAPEST (Reuters) - Hungary should not consider adopting the euro before 2030 as joining the single currency zone before its economy is duly prepared would backfire, central bank governor Gyorgy Mato...
Syndicated Content Jun 02, 2023
Mercedes won’t join Renault’s new electric van project-sources
PARIS (Reuters) - Mercedes Benz Group, a longtime partner of Renault in vans, won't take part in the French company's FlexEvan electric project and will focus instead on its own premium electric vehic...
Syndicated Content Jun 02, 2023
Veteran UK fund manager Richard Buxton to retire from Jupiter
LONDON (Reuters) - Veteran British stock-picker Richard Buxton is set to retire from Jupiter Asset Management at the end of the summer, the company said in a statement on Friday. Over a career spannin...
Syndicated Content Jun 02, 2023
Opel has overcome chip crisis and seeks IT workers, CEO tells Business Insider
BERLIN (Reuters) - The chief executive of Stellantis' German subsidiary Opel says the brand has overcome a shortage of semiconductors that has burdened the car industry in recent years, news outlet Bu...
Syndicated Content Jun 02, 2023
Exclusive-Stellantis, GM pay $363 million in US fuel economy penalties
WASHINGTON (Reuters) - Chrysler-parent Stellantis and General Motors paid a total of $363 million in civil penalties for failing to meet U.S. fuel economy requirements for prior model years, documents...
Syndicated Content Jun 02, 2023
Fed seen skipping June, maybe hiking in July after jobs data
(Reuters) - Federal Reserve policymakers will probably leave interest rates unchanged when they meet later this month, but keep the door open to a rate hike in July, after a government report on Frida...
Syndicated Content Jun 02, 2023
Co-head of electronic equities at BNP Paribas leaving for a rival -sources
LONDON (Reuters) - Torsten Schoeneborn, global co-head of electronic equities and portfolio trading at BNP Paribas, is leaving the firm for another bank, two sources with knowledge of the matter told ...
Syndicated Content Jun 02, 2023
Instant view: US payrolls rise more than expected in May
NEW YORK (Reuters) - U.S. employment increased more than expected in May, but a moderation in wages could allow the Federal Reserve to skip an interest rate hike this month for the first time since em...
Syndicated Content Jun 02, 2023
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