Category Archives:
ECB’s de Guindos backs ending bond purchases in July
FRANKFURT (Reuters) -The European Central Bank should end its stimulus programme in July and could raise interest rates that same month, in September or later, ECB vice-president Luis de Guindos said ...
Apr 21, 2022
LVMH boss says 2022 outlook is “so far, so good”
(Reuters) - The head of luxury house LVMH Bernard Arnault said on Thursday the company's outlook this year was "so far so good." Speaking to journalists on the sidelines of his empire's annual shareho...
Apr 21, 2022
Use less air con, drive slower to shun Russian energy and save money, IEA urges
By Kate Abnett BRUSSELS (Reuters) - Raise your air conditioner's temperature, adjust your boiler settings, drive slower and swap short-haul flights for trains: some of the International Energy Agency'...
Apr 21, 2022
Hitachi to sell $1.6 billion Hitachi Transport stake to KKR, Nikkei says
TOKYO (Reuters) - Hitachi Ltd is planning to sell most of its 40% stake in Hitachi Transport System Ltd to U.S. private equity firm Kohlberg Kravis Roberts (KKR) for $1.56 billion, the Nikkei newspape...
Apr 21, 2022
AT&T posts 2.5% rise in quarterly core wireless revenue
(Reuters) -AT&T Inc on Thursday posted a 2.5% rise in core wireless revenue for the first quarter, as the telecom giant benefited from the expansion of its fiber internet and 5G services. The Dallas, ...
Apr 21, 2022
Carlsberg expects $1.4 billion writedown on Russia divestment
COPENHAGEN (Reuters) -Carlsberg expects a writedown of about 9.5 billion Danish crowns ($1.39 billion) related to its decision to divest its business in Russia, the Danish brewer said on Thursday. The...
Apr 21, 2022
Column-Returning to work but close to retirement? Adjust your plan
By Mark Miller (Reuters) - The Great Retirement is morphing into the Great Return, with the U.S. employment report for March, released earlier this month, showing a jump back into the labor force amon...
Apr 21, 2022
Canada inflation could be at peak, but that’s little relief for central bank
By Julie Gordon OTTAWA (Reuters) - Canada's headline inflation may have peaked after hitting a 31-year high in March, economists said, though the central bank still faces an uphill battle to bring roc...
Apr 21, 2022
Dow profit jumps 58% on higher prices, strong demand
(Reuters) -Chemicals maker Dow Inc on Thursday reported an over 58% surge in first-quarter profit, helped by stronger product prices as supplies remained tight amid robust demand. With demand rising t...
Apr 21, 2022
Zero to neutral in 9 months marks a defining pivot for Fed, Powell
By Howard Schneider WASHINGTON (Reuters) - With even the most dovish U.S. central bankers now calling for a key interest rate to hit its "neutral" level by year's end to tame high inflation, the Feder...
Apr 21, 2022
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