Category Archives:
Mining M&A spree to keep Australia dealmaking humming after $37 billion in first quarter
By Melanie Burton and Scott Murdoch MELBOURNE (Reuters) - As automakers and chemicals suppliers scramble to secure raw materials, resource-rich Australia has become a rare global bright spot with $37 ...
Apr 21, 2023
SAP reports revenue growth in Q1
(Reuters) - Business software maker SAP reported first-quarter revenue growth of 10% on Friday, beating expectations, boosted by its cloud business. The German firm's IFRS operating profit fell 45%, r...
Apr 21, 2023
Short-sellers sit on $1 billion loss on European banks in April
By Danilo Masoni and Joice Alves MILAN/LONDON (Reuters) - Short-sellers who bet against European banks are set to lose a substantial amount of money in April after the sector bounced back from the sho...
Apr 21, 2023
Analysis: Bearish fundamentals, buoyant charts complicate outlook for US stocks
By Saqib Iqbal Ahmed NEW YORK (Reuters) - As U.S. stocks test the top of a range that has held for months, two widely used analytical styles appear to be painting conflicting scenarios for where they ...
Apr 21, 2023
China issues report that Boeing sees as key to restart 737 MAX deliveries
By Valerie Insinna and Brenda Goh WASHINGTON/SHANGHAI (Reuters) - China's aviation regulator has published a report that Boeing views as a key step for the U.S. planemaker to resume deliveries of its ...
Apr 20, 2023
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
Peoria, IL, USA
39 °F Light Rain
