Category Archives:
Holcim increases full-year guidance after Q1 beats forecasts
ZURICH (Reuters) - Holcim raised its full-year guidance on Friday after the world's biggest cement maker reported better than expected sales and profit during the first three months of 2023. The Swiss...
Apr 20, 2023
Credit Suisse bondholders sue Swiss regulator over $17 billion bond wipeout -FT
(Reuters) - Credit Suisse Group AG bondholders, representing $4.5 billion of the $17 billion of wiped-out Additional Tier 1 bonds of the company, have filed a lawsuit against Switzerland's banking reg...
Apr 20, 2023
BofA joins four other brokerages, upgrades China’s 2023 GDP growth forecast
(Reuters) - BofA Global Research on Friday raised its forecast for China's 2023 gross domestic product (GDP) growth to 6.3% from 5.5%, saying it expects the strong credit impulse in the first quarter ...
Apr 20, 2023
Marketmind: Purchasing managers of the world, diverge
A look at the day ahead in European and global markets from Tom Westbrook A month-long risky-asset rally, in the absence of any further banks collapsing, seems to be running out of steam as economic d...
Apr 20, 2023
New Zealand ships its last livestock as ban takes effect
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's last exports of livestock by sea have been completed and live exports have ceased, its agriculture minister said on Friday, as it fully implemented...
Apr 20, 2023
BOJ unlikely to move in April, most economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) - The Bank of Japan's new chief Kazuo Ueda will not start unwinding its ultra-easy policy at April 27-28 meeting, nearly 90% of economists polled by Reuters said, as ...
Apr 20, 2023
China sees more state-sector funds launched after policy drive
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) - Chinese asset managers are rushing to launch funds to woo investors into state-owned firms, whose shares have surged this year as Beijing pu...
Apr 20, 2023
Ford must rethink its brand for China as EVs boom, CEO says
DETROIT (Reuters) - Facing a booming and hyper-competitive market for electric vehicles (EVs) in China, Ford Motor Co needs to reshape its brand for the world's largest car market, Chief Executive Jim...
Apr 20, 2023
Musk’s price cuts show challenge for Tesla’s product strategy -Ford CEO
DETROIT (Reuters) - Electric car giant Tesla's decision to cut prices to drive up sales volume reflects the pressure it faces from competition and an ageing product line-up, Ford Chief Executive Jim F...
Apr 20, 2023
Tesla hikes U.S. prices
(Reuters) - Tesla Inc late on Thursday increased the U.S. prices of some of its electric vehicle models, according to its website. (Reporting by Abinaya Vijayaraghavan in Bengaluru; Editing by Sonia C...
Apr 20, 2023
Peoria, IL, USA
52 °F Rain
