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(Reuters) – The Russian rouble firmed past 62 against the dollar on Thursday, propped up by capital controls as well as looming tax payments that usually require extra conversion of …

(Reuters) – Factory output growth in the U.S. Mid-Atlantic region decelerated far more than expected in May, and the business outlook for the next six months is the weakest in …

MEXICO CITY -Mexico’s economy likely grew by 0.4% in April versus March in seasonally adjusted terms, a preliminary estimate from national statistics agency INEGI showed on Thursday. Economic activity is …

By Doyinsola Oladipo (Reuters) -As more people resume travel and plan vacations, retailers and consumer product companies including U.S. discount chain Target and cosmetics maker Coty are benefiting from a …

By Kitiphong Thaichareon and Orathai Sriring BANGKOK – Thailand has no need to raise interest rates following the Federal Reserve’s hikes in U.S. rates as domestic factors and the economic …

By Bernadette Christina and Fransiska Nangoy JAKARTA -Indonesia will lift its three-week-old palm oil export ban from Monday due to improvements in its domestic cooking oil supply, its president said, …

FRANKFURT -European Central Bank policymakers expressed widespread concern about the spread of inflation and the only major debate appears to be just how fast and how far they should tighten …

KOENIGSWINTER, Germany – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday she was “getting more optimistic” that a G7 agreement to provide new budget funding to Ukraine can …

By Oliver Hirt and Brenna Hughes Neghaiwi ZURICH – Credit Suisse should start looking for a new CEO to replace Thomas Gottstein, top-ten shareholder Artisan Partners told Reuters, becoming the …

By Elizabeth Dilts Marshall NEW YORK – More than half of the new employees banks and other financial services companies hired in 2021 are based in Orlando, Dallas and other …

By Paul Sandle LONDON -Low-cost carrier easyJet said it was “in the right place” to meet pent-up demand for summer flights, with bookings above pre-pandemic levels in the last 10 …

By Aditi Shah NEW DELHI – Germany’s Volkswagen AG is exploring a partnership to supply electric components to Indian automaker Mahindra and Mahindra, the companies said on Thursday. Volkswagen and …

By Tina Bellon (Reuters) – Autonomous delivery truck startup Gatik on Thursday said it will be putting its box trucks on the road in Kansas after state officials gave it …

FRANKFURT – Too many global investment banks continue to serve euro zone clients out of London and the European Central Bank plans to force them to relocate senior staff and …

By Dhara Ranasinghe LONDON – As the European Central Bank races towards the stimulus exit to tame record-high inflation, angst about whether it can contain stress in weaker economies is …

By Ross Kerber (Reuters) – BlackRock Inc, JPMorgan Chase & Co and other top financial firms have told a Texas official they are not boycotting energy companies, responding to a …

(Reuters) – Spirit Airlines Inc said on Thursday its board had urged shareholders to reject the unsolicited buyout offer from JetBlue Airways Corp. The offer was not in the best …

By David Shepardson WASHINGTON -Ford Motor Company said Thursday https://media.ford.com/content/fordmedia/fna/us/en/news/2022/05/19/ford-motor-company-recalls-expedition-navigator.html it was recalling 39,000 SUVs after reports of 16 fires, and has advised owners to park their vehicles outdoors and …

LONDON -British manufacturers reported the joint-strongest growth in orders this month since records began, while output rose at the fastest rate since July, figures from the Confederation of British Industry …

WARSAW -Polish gas monopoly PGNiG issued a call for arbitration to Russian gas supplier Gazprom regarding interest on overpayments it made for natural gas between 2014 and 2020, the company …

JAKARTA – Indonesia will lift its palm oil export ban from Monday, May 23, following improvements in the domestic cooking oil supply situation, President Joko Widodo said on Thursday. The …

By David Shepardson and Heekyong Yang WASHINGTON/SEOUL – Georgia Governor Brian Kemp will announce on Friday that Hyundai Motor Group is investing more than $7 billion in the state, an …

By Arathy Somasekhar HOUSTON – U.S. refiners imported about 1.3 million barrels per day (bpd) of crude and fuel oil from Latin America in April, the highest in seven months …

By David Henry NEW YORK – Concerned that JPMorgan Chase & Co might be starting to lose its profit advantage over competitors, analysts and investors are lining up questions for …