Category Archives:
China’s top banks post shrinking margins in Q1
By Ziyi Tang and Engen Tham SHANGHAI/BEIJING (Reuters) - Five of China's largest lenders posted shrinking margins in the first quarter on Friday, as loan re-pricing bites. Borrowers are struggling to ...
Apr 28, 2023
German inflation expected to ease in April
BERLIN (Reuters) - Inflation looks set to ease in Germany in April on the back of lower food and energy prices, preliminary data from six economically important regional states showed on Friday. The i...
Apr 28, 2023
Exxon delivers a record first-quarter profit on higher output
By Sabrina Valle HOUSTON (Reuters) - Exxon Mobil Corp on Friday reported a record first-quarter profit that was more than double from a year ago and topped Wall Street estimates as rising oil and gas ...
Apr 28, 2023
Chinese migrants find tips on social media for long trek to U.S.-Mexico border
By Echo Wang and Mica Rosenberg FRONTON, Texas - Lihua Wu's journey to the United States started when she scrolled past the words "The Route", one of several common hashtags on Douyin, the Chinese cou...
Apr 28, 2023
DeSantis’ tough words may come back to haunt him in Disney lawsuit -experts
By Tom Hals WILMINGTON, Delaware (Reuters) - Now that the year-long war of words between Florida Governor Ron DeSantis and the Walt Disney Co has landed in the courts, the Republican leader might find...
Apr 28, 2023
Chevron tops estimates with Q1 profit gain despite slide in oil prices
By Sabrina Valle HOUSTON (Reuters) - Oil major Chevron Corp beat market expectations on Friday as profit nudged higher in the first-quarter, with earnings from refining compensating for a slide in ene...
Apr 28, 2023
First Republic shares gain on hopes of rescue deal
(Reuters) - Shares of First Republic gained 11% in premarket trading on Friday after a report that U.S. officials are coordinating urgent talks to rescue the regional lender as private-sector efforts ...
Apr 28, 2023
Among some at Fed, argument grows for patience on wage costs
By Howard Schneider WASHINGTON (Reuters) - As the U.S. economy reopened from the pandemic in 2021 and companies cottoned on to the pricing power at hand from supply shortages and consumers' eagerness ...
Apr 28, 2023
Japan’s Daihatsu broke side collision test procedures for some Toyota cars
TOKYO (Reuters) - Japanese automaker Daihatsu Motor Co Ltd on Friday admitted to violating side collision test procedures for some models it made for parent company Toyota Motor Corp, saying it would ...
Apr 28, 2023
US regulators to release reviews of largest bank failures since 2008 crisis
By Ann Saphir and Hannah Lang (Reuters) - U.S. regulators are set to release confidential details of their oversight of Silicon Valley Bank and Signature Bank in the run-up to the sudden collapses of ...
Apr 28, 2023
Peoria, IL, USA
48 °F Sunny
