Category Archives:
Analysis-Globalised yuan complicates Beijing’s bid to stem capital flight
By Samuel Shen and Alun John SHANGHAI/HONG KONG (Reuters) - This month's dive in China's currency has revived memories of past routs but market participants say increased foreign holdings of yuan asse...
Apr 29, 2022
Barclays suspends market making in its own debt after blunder
LONDON (Reuters) - Barclays has temporarily halted market making in its own debt securities following a trading blunder, the British bank said on Friday. Barclays disclosed on March 28 that it had exc...
Apr 29, 2022
Earnings, Prosus lift European stocks at end of choppy April
(Reuters) - European shares rose on Friday as strong earnings reports and a rally in mining and technology stocks boosted risk appetite at the end of a volatile month dominated by concerns about slowi...
Apr 29, 2022
Novo Nordisk lifts 2022 outlook after strong quarter, shares jump
COPENHAGEN (Reuters) - Shares in Novo Nordisk jumped on Friday after the firm lifted its sales and operating profit guidance for the year on the back of forecast-beating first-quarter earnings, driven...
Apr 29, 2022
Large Generali shareholder vote seen boosting CEO’s chances
MILAN (Reuters) - Generali shareholders representing 70.7% of the Italian insurer's capital registered to vote at Friday's annual general meeting in a move that is expected to favour the reappointment...
Apr 29, 2022
Shortage of materials in German manufacturing eases slightly – Ifo
BERLIN (Reuters) - A shortage of materials in the German manufacturing industry has eased slightly, the Ifo economic institute said on Friday after it surveyed 2,000 companies in the sector. In April,...
Apr 29, 2022
NatWest profit jumps as cost-of-living crisis looms
By Iain Withers and Lawrence White LONDON (Reuters) - British lender NatWest posted a 41% jump in first-quarter profit on Friday, as rising rates boosted income even as they threaten to further squeez...
Apr 29, 2022
Gas-guzzling German carmakers face uphill struggle to go green
By Victoria Waldersee BERLIN (Reuters) - As Germany speeds up investment in renewables, the energy consumption of its carmakers reveals just how reliant the country's most important industry is on fos...
Apr 29, 2022
Emerging markets help Spanish bank BBVA top forecasts
By Jess Aguado MADRID (Reuters) - Spanish bank BBVA beat forecasts on Friday with a 36.4% year-on-year rise in first quarter net profit, driven by a strong performance in emerging markets, led by Mexi...
Apr 29, 2022
Spain’s GDP growth slows to 0.3% in Q1 as Madrid readies cut to 2022 outlook
MADRID (Reuters) - Spain's economy expanded 0.3% in the first quarter from the second, preliminary data showed on Friday, slowing down from 2.2% in the previous three months as Russia's invasion of Uk...
Apr 29, 2022
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