Category Archives:
Russia exit puts Renault in the red for H1, but 2022 outlook upgraded
PARIS (Reuters) - Carmarker Renault took a 1.357 billion euro ($1.39 billion) net loss in the first half of this year from the cost of closing its Russian business in the wake of the Ukraine war, but ...
Jul 29, 2022
Marketmind: The consumer’s deep pockets and short arms
A look at the day ahead in markets from Anshuman Daga. If markets were looking for more news to support the recent Fed-induced optimism, then earnings scorecards from Apple and Amazon provided the boo...
Jul 29, 2022
ECB nemesis Kerber weighs action against new debt shield
By Frank Siebelt FRANKFURT (Reuters) - The German academic behind the European Central Bank's biggest court setback is weighing legal action against the ECB's new bond-market shield, which he sees as ...
Jul 29, 2022
Exclusive-Ben & Jerry’s, Unilever talks on out-of-court deal on Israeli dispute break down
By Jessica DiNapoli NEW YORK (Reuters) - Ben & Jerry's and its parent company Unilever Plc did not reach an out-of-court agreement on a dispute over the sale of the ice cream maker's Israeli business ...
Jul 29, 2022
BNP Paribas: investment banking, sound loans boost Q2 profits
PARIS (Reuters) - French bank BNP Paribas reported better than expected profits in the second quarter as bad loan provisions dipped despite the economic slowdown and business remained buoyant, particu...
Jul 29, 2022
China will keep forex market steady in H2 – forex regulator
BEIJING (Reuters) - China will keep its foreign exchange markets steady in the second half of this year and will safeguard the country's economic and financial security, the foreign exchange regulator...
Jul 28, 2022
New Zealand consumers, businesses gloomy, economic risks grow
By Lucy Craymer WELLINGTON (Reuters) - New Zealand is at growing risk of sliding into a recession in the second half of 2022, some economists said on Friday, as consumers and businesses fret over soar...
Jul 28, 2022
Ackman says rates should be ‘materially higher’ to kill inflation
(Reuters) - Billionaire investor Bill Ackman on Thursday said he expected inflation to come down soon, but not to the level of 2% unless the U.S. Federal Reserve maintained "materially higher" interes...
Jul 28, 2022
Analysis-Wall Street weighs job cuts as deals slide in battered markets
By Saeed Azhar NEW YORK (Reuters) - Wall Street bosses are in a bind about whether to cut investment bankers or keep them on staff in hopes of a recovery from a brutal first half. With risks of a rece...
Jul 28, 2022
StanChart announces $500 million share buyback as first-half profit climbs 19%
SINGAPORE (Reuters) - Standard Chartered on Friday reported first-half pre-tax profit rose 19%, in line with market expectations, as the emerging markets-focused lender benefited from rising interest ...
Jul 28, 2022
Peoria, IL, USA
62 °F Partly cloudy
