Category Archives:
ECB should not raise rates in July before Q2 GDP data: Panetta
MILAN (Reuters) - The European Central Bank should not raise interest rates in July, even though the inflation outlook suggests it can gradually reduce support for the economy, ECB board member Fabio ...
May 05, 2022
Lack of alternatives set to drive dollar dominance: Reuters poll
By Hari Kishan BENGALURU (Reuters) - The dollar will retain most of its recent gains for at least another six months, according to a Reuters poll of FX strategists who for years mostly held the view t...
May 05, 2022
Marketmind: The real balancing act
A look at the day ahead in markets from Saikat Chatterjee. Market reaction after the U.S. Federal Reserve's 50 basis-point interest rate rise was a classic case of "buy the rumour and sell the fact". ...
May 05, 2022
Battery-powered electric vehicles nearly double EU market share in Q1 – ACEA
FRANKFURT (Reuters) - Battery-powered electric vehicles (BEVs) almost doubled their market share in the European Union during the first quarter, industry data showed on Thursday, as the rollout of mod...
May 05, 2022
Running on hope, China markets want action, not more policy pledges
By Tom Westbrook SINGAPORE (Reuters) - Promises of policy support and a possible meeting between tech giants and China's leaders this week have helped stem a rout in the country's stock markets for no...
May 05, 2022
Siemens Gamesa’s keeps outlook under review as uncertainty persists
MADRID (Reuters) - Wind turbine maker Siemens Gamesa said on Thursday its 2022 outlook remains under review due to both internal and external challenges. It also confirmed disappointing preliminary se...
May 05, 2022
BNP Paribas expects four U.S. Fed rate hikes of 50 bps each
HONG KONG (Reuters) - Analysts at BNP Paribas expect the U.S. Federal Reserve to hike interest rates by 50 basis points at each of its next four policy meetings, they said on Thursday, pointing to the...
May 05, 2022
Stellantis says Q1 sales rose 12% on strong pricing and vehicle mix
MILAN (Reuters) - Carmaker Stellantis said on Thursday its sales rose 12% in the first quarter of this year supported by strong pricing and vehicle mix, but also by favourable exchange rate effects. N...
May 05, 2022
Shell posts record profit on high energy prices and trading boost
LONDON (Reuters) - Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of its trading division. F...
May 05, 2022
Arm China says its ousted CEO Wu is refusing to pack up
By Josh Ye HONG KONG (Reuters) - Arm China said on Thursday its former CEO Allen Wu was refusing to relinquish his role despite being fired last week and that it would overhaul its communication syste...
May 05, 2022
Peoria, IL, USA
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