Category Archives:
Stocks slide, dollar holds ground as U.S. rate hike looms
By Danilo Masoni MILAN (Reuters) - Shares fell and the dollar held near highs in holiday-thinned trading on Monday, as concerns about economic growth lingered ahead of an expected U.S. rate hike this ...
May 02, 2022
Euro zone factory output growth stalled in April – PMI
LONDON (Reuters) - Euro zone manufacturing output growth stalled last month as factories struggled to source raw materials while demand took a knock from steep price increases and fears about the econ...
May 02, 2022
Supply disruption, weaker demand cloud outlook for German manufacturers – PMI
BERLIN (Reuters) - Supply disruption and weaker demand weighed on German manufacturing activity in April as the war in Ukraine and COVID-19 lockdowns in China worsened the outlook for goods producers ...
May 02, 2022
Swiss industry and households feel strain from rising prices-data
ZURICH (Reuters) - Switzerland's manufacturing Purchasing Managers Index (PMI) continued its downward trend in April, data released on Monday showed, as prices continued to rise on a broad scale. The ...
May 02, 2022
Dollar holds near 20-year high, euro struggles
LONDON (Reuters) - The dollar held near a 20-year high on Monday as the euro struggled around the $1.05 mark, as investors prepared for a busy week of central bank meetings including a likely Federal ...
May 02, 2022
Unrelenting heat in India pushes April power demand to record high
By Sudarshan Varadhan NEW DELHI (Reuters) - India's electricity demand touched a record high in April as its northern states reeled under the hottest pre-summer months in decades, with a surge in the ...
May 02, 2022
Far fewer German companies fearing for survival – Ifo survey
BERLIN (Reuters) - The number of German companies fearing for their survival has fallen significantly, despite the economic risks posed by the war in Ukraine, a survey showed on Monday. The Ifo instit...
May 02, 2022
Cannon-Brookes seeks 11.5% stake in Australia’s AGL – JPMorgan statement
MELBOURNE (Reuters) - Tech billionaire Mike Cannon-Brookes is seeking to buy an 11.5% stake in AGL Energy nearly two months after Australia's top power producer rejected a A$5.4 billion takeover offer...
May 02, 2022
Marketmind: Peak hawkishness
A look at the day ahead from Danilo Masoni. A sharply lower close on Wall Street on Friday will set the tone across Europe this morning, as a busy week for central banks kicks off the new month follow...
May 02, 2022
MGM Resorts offers to buy Sweden’s LeoVegas for $607 million
(Reuters) - MGM Resorts International on Monday offered to acquire Swedish online gaming company LeoVegas AB for about $607 million, paving the way for the U.S. casino operator to expand its presence ...
May 02, 2022
Wed May 13
Peoria, IL, USA
18°COvercast
