Category Archives:
Block investors may seek clarity on Cash App after Hindenburg report
By Manya Saini (Reuters) - Jack Dorsey-led Block Inc's first-quarter results will likely see investors zoom in on the payments firm's Cash App business following U.S. short-seller Hindenburg Research'...
May 03, 2023
UBS CEO: expects to close Credit Suisse takeover by end May, early June
ZURICH (Reuters) - UBS Chief Executive Sergio Ermotti said on Wednesday that the Swiss bank was working on closing its merger with Credit Suisse by the end of May or early June. Ermotti was speaking a...
May 03, 2023
Advance Intelligence raises $80 million, led by Warburg Pincus, Northstar
SINGAPORE (Reuters) - Singapore-based Advance Intelligence Group has raised $80 million from a consortium led by existing investors Warburg Pincus and Northstar Group, the technology company said on W...
May 03, 2023
RBA to hike rates further this year, say economists in snap poll- Reuters poll
By Devayani Sathyan BENGALURU (Reuters) - Australia's central bank will likely deliver one more 25-basis-point interest rate increase by end-September to 4.10% following a surprise hike on Tuesday, ac...
May 03, 2023
Euro zone unemployment falls to 6.5% in March
BRUSSELS (Reuters) - Euro zone unemployment rate fell to 6.5% in March, the European Union's statistics office Eurostat said, a decline that points to a further tightening of the labour market an spel...
May 03, 2023
Toronto home prices rise for third month in April
By Fergal Smith TORONTO (Reuters) - Greater Toronto Area (GTA) home prices increased in April from March as new listings posted a steep annual decline, adding to evidence that the housing market has t...
May 03, 2023
Exclusive-Apollo will seek approval from regulators to take majority stake in SAS – source
By Jacob Gronholt-Pedersen, Greg Roumeliotis and Marie Mannes COPENHAGEN/NEW YORK (Reuters) -U.S. asset manager Apollo Global Management Inc plans to apply for approval from Swedish and Danish regulat...
May 03, 2023
Ryanair traffic jumps 13% in April to record third busiest month ever
DUBLIN (Reuters) - Ryanair flew 16 million passengers in April, up 13% year-on-year to record its third busiest month for traffic ever, Europe's largest airline by passenger numbers said on Wednesday....
May 03, 2023
Italy March jobless rate edges down to 7.8%, lowest since April 2020
ROME, May 3 (Reuters) - Italy's unemployment rate edged down to 7.8% in March from 7.9% in February, data showed on Wednesday, as some 22,000 jobs were created in the month. The March jobess rate was ...
May 03, 2023
China’s AI industry barely slowed by US chip export rules
By Stephen Nellis, Josh Ye and Jane Lanhee Lee (Reuters) - U.S. microchip export controls imposed last year to freeze China's development of supercomputers used to develop nuclear weapons and artifici...
May 03, 2023
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