Category Archives:
EU passenger car sales up 28.8% to over 1 million units in March, ACEA says
(Reuters) - Passenger car registrations in the European Union rose 28.8% in March to more than one million units, the European Automobile Manufacturers Association (ACEA) reported on Wednesday. Batter...
Apr 19, 2023
SMFG becomes first big Japan bank to sell AT1 bonds since Credit Suisse’s debt wipeout
By Junko Fujita TOKYO (Reuters) - Sumitomo Mitsui Financial Group (SMFG) priced $1.04 billion of additional tier-1 (AT1) debt on Wednesday, becoming the first major Japanese bank to sell them since th...
Apr 19, 2023
Analysis-China’s ‘atypical’ deflation cycle gives central bank a headache
By Kevin Yao BEIJING (Reuters) - China's central bank has plenty of reasons to loosen policy as deflationary pressures in the economy deepen, but record credit growth is likely limit the extent of any...
Apr 19, 2023
Analysis-ECB market rate bets: still some unfinished business for the hawks
By Stefano Rebaudo (Reuters) - European Central Bank officials are still banging the inflation drum and suggesting interest rates must keep rising, but there's enough nervousness about banks or a poss...
Apr 19, 2023
OVHcloud cuts forecast for revenue growth
(Reuters) - French cloud services provider OVHcloud on Wednesday trimmed its forecast for full-year revenue growth, citing the macroeconomic context and delays in certain projects. The company now see...
Apr 19, 2023
ASML reports better than expected first quarter sales, profit -statement
AMSTERDAM (Reuters) - ASML Holding NV, a key supplier to computer chip makers, on Wednesday reported first quarter earnings of 1.96 billion euros ($2.15 billion) on revenues of 6.74 billion euros, bes...
Apr 19, 2023
Analysis-Banking crisis scars struggling U.S. real estate stocks
By Lewis Krauskopf NEW YORK (Reuters) - U.S. real estate stocks are struggling this year after a rough 2022, as fears that banks will tighten lending standards pile pressure on a sector already hit by...
Apr 19, 2023
Analysis-Europe’s strikes could spell more flights havoc into summer
By Joanna Plucinska LONDON (Reuters) - Strikes across Europe have led to a spike in flight cancellations, delays and driven down bookings to cities like Paris, data from travel firms show, despite eff...
Apr 19, 2023
Marketmind: Sterling’s inflation test
A look at the day ahead in European and global markets from Tom Westbrook Traders are scaling back bets on U.S. rate cuts, but dialling up expectations for British hikes. On Tuesday, it was bigger-tha...
Apr 18, 2023
China says drafting plans to boost recovery, expansion of consumption
BEIJING (Reuters) - China is formulating plans to boost the recovery and expansion of consumption, the state planner's spokesperson Meng Wei said on Wednesday, signaling officials are worried about we...
Apr 18, 2023
Weather information is not currently available at this location.
