ECB's Stournaras sees just three rate cuts in 2024 on strong growth
FRANKFURT (Reuters) - The European Central Bank is "most likely" to cut interest rates just three times this year a...
2h ago
Holiday Inn owner IHG reports 2.6% rise in quarterly room revenue
(Reuters) - Holiday Inn owner Intercontinental Hotels Group (IHG) said on Friday its first-quarter room revenue rose 2.6%, he...
3h ago
Analysis-Heavy oil shortage spells higher cost for shippers, road builders
By Robert Harvey and Arathy Somasekhar LONDON/HOUSTON (Reuters) - Mexican export cuts and a rerouting of Canadian output are ...
3h ago
Yen poised for best week in over a year; dollar waits on US jobs data
By Rae Wee SINGAPORE (Reuters) - The yen was headed for its best week in more than a year on Friday, helped by Tokyo's suspec...
4h ago
North America drives Daimler Truck to core profit beat
(Reuters) - Germany's Daimler Truck AG posted first-quarter core profit of 1.21 billion euros ($1.30 billion) on Friday, beat...
4h ago
Credit Agricole's Q1 earnings jump as investment banking beats rivals
By Mathieu Rosemain PARIS (Reuters) - Credit Agricole SA, France's second-biggest listed bank, posted a forecast-beating 55% ...
4h ago
SocGen's investment bank limits Q1 profit plunge
By Mathieu Rosemain PARIS (Reuters) - French bank Societe Generale reported a better-than-expected 22% slide in first-quarter...
5h ago
Solid US job, wage growth expected in April
By Lucia Mutikani WASHINGTON (Reuters) - U.S. job growth probably slowed to a still-solid clip in April, with wages maintaini...
5h ago
SVB Financial to sell investment platform business SVB Capital
(Reuters) - Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partn...
6h ago
Global hedge funds chase Hong Kong stocks rally, UBS says
By Summer Zhen HONG KONG (Reuters) - Global hedge funds that use an equities long-short strategy are growing increasingly bul...
6h ago