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  • Financial News

    Major French unions: current pay rise offer in logistics sector is unacceptable

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    PARIS – Major French trade unions said in a joint statement on Friday that a proposed pay rise for workers in the logistics sector was “unacceptable” and that they had …

  • Financial News

    A Le Pen upset win would spark selloff in French bonds, euro -fund managers

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    By Lisa Pauline Mattackal and Sanjana Shivdas (Reuters) – Investors have discounted Marine Le Pen winning the French presidency on Sunday, so an upset would cause a selloff in French …

  • Financial News

    Lagarde tells ECB policymakers to hold back criticism, leaks – sources

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    By Balazs Koranyi and Francesco Canepa WASHINGTON – European Central Bank President Christine Lagarde told policymakers to hold back on dissenting views on decisions for several days, a move critics …

  • Financial News

    SAP flags hit from Russia exit, revenue growth beats estimates

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    By Supantha Mukherjee STOCKHOLM – German business software group SAP on Friday flagged a 300 million euro ($325.3 million) hit to sales from its planned exit from Russia, after strength …

  • Financial News

    Honeywell seeks to invest about $200 million in Egypt -ministry

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    CAIRO – Honeywell International seeks to invest about $200 million in petrochemicals and the production of green fuels for aircraft in Egypt, the Ministry of Petroleum has quoted Honeywell’s country …

  • Financial News

    Russia faces risk of “orchestrated” default on state debt -VTB CEO

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    (Reuters) – Russia may face an “orchestrated” default on state debt due to Western sanctions which should not be seen as a technical default, the CEO of Russia’s second-largest lender …

  • Financial News

    European equity funds hit by 10th straight week of outflows -BofA

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    LONDON – European equity funds suffered a tenth straight week of outflows at $2.9 bln, with financials leading the losses, a BofA report citing EPFR data on Friday showed. According …

  • Financial News

    AB Volvo profit shines, supply chain troubles hit truck orders

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    By Niklas Pollard STOCKHOLM -Swedish truck maker AB Volvo reported a surprise rise in first-quarter core earnings on Friday, as it juggled strong market demand with a strained supply chain …

  • Financial News

    French business activity grows in April at fastest rate in more than four years -flash PMI

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    PARIS – French business activity grew in April at the fastest pace in more than four years, a monthly survey showed, as the euro zone’s second-biggest economy benefited from fewer …

  • Financial News

    Japanese airline ANA raises full-year loss estimate

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    (Reuters) – Japanese airline ANA Holdings Inc lifted on Friday its full-year operating loss estimate to 175 billion yen ($1.37 billion) from 125 billion yen previously because domestic and international …

  • Financial News

    Marketmind: A policy of least regrets

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    A look at the day ahead in markets from Dhara Ranasinghe. One would have thought markets would have got used to hawkish rhetoric from major central banks. Clearly not. Overnight, …

  • Financial News

    French Finance Minister: we are entering “new era” of higher inflation

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    PARIS -Inflation will be high in 2022 and although the price pressure should progressively ease next year, France and its partner countries are set to enter into “a new era …

  • California NewsPolice Blotter

    San Francisco Police Investigate Taraval District Homicide 22-055

    by Your News April 22, 2022
    by Your News April 22, 2022

    On Wednesday, April 20, 2022, at approximately 6:12 p.m., San Francisco Police officers from Taraval Police Station responded to the 200 block of Farallones Street for a report of a shooting. Officers …

  • California NewsPolice Blotter

    San Francisco Police make Arrests in Estes Robbery Series 22-056

    by Your News April 22, 2022
    by Your News April 22, 2022

    On March 30, 2022, at approximately 3:57 p.m., San Francisco Police Officers from Central Station responded to the 1100 block of Columbus Avenue on a report of a robbery. Officers …

  • Financial News

    Big business joins forces to bridge Germany’s growing skills gap

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    By Victoria Waldersee BERLIN – Germany’s industrial heavyweights are teaming up to retrain workers in areas such as software and logistics to fill a growing skills gap and avoid layoffs …

  • Financial News

    Australian lender Westpac fined A$113 million for multiple compliance breaches

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    (Reuters) – An Australian court ordered Westpac Banking Corp to pay A$113 million ($82.92 million) in penalties for multiple compliance failures across its businesses, after hearing the last of the …

  • Financial News

    Defence manufacturer Saab to boost capacity as profit climbs

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    STOCKHOLM -Swedish defence products company Saab will boost capacity to meet rising demand, it said on Friday after posting an increase in first-quarter profit and strong order intake. Shares in …

  • Financial News

    China securities watchdog expects audit deal soon with U.S. regulators

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    By Kevin Yao BOAO, China -China’s securities watchdog is holding regular talks with U.S. regulators over audit cooperation and expects a deal soon, a Chinese regulatory official said on Thursday …

  • Financial News

    Zelenskiy says Ukraine needs $7 billion per month to make up for losses caused by invasion

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    WASHINGTON – Ukraine President Volodymyr Zelenskiy said on Thursday that Ukraine needs $7 billion per month to make up for economic losses caused by Russia’s invasion of his country. Zelenskiy, …

  • Financial News

    For oil refiners, now is the summer of distillate content

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    By Laura Sanicola (Reuters) – Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been …

  • Financial News

    Britain’s steelmakers scorched by white-hot power prices

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    By Kate Holton CHESTERFIELD, England – Steel boss James Brand raises his voice above the roar of metal being funnelled into a foundry furnace as he details how rampant costs …

  • Financial News

    Industrial output in Shanghai falls for first time in 2 years

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    BEIJING -Industrial output in Shanghai, China’s most populous city, slumped in March, the first monthly decline in two years, after stringent lockdown measures halted production in some factories, a city …

  • Financial News

    Analysis-Some investors tiptoe back into Treasuries, as hawkish Fed clouds outlook

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    By Davide Barbuscia NEW YORK – Expectations that a hawkish Federal Reserve will cause an economic slowdown are pushing some investors to increase exposure to long-term Treasuries, as policymakers continue …

  • Financial News

    Analysis-Dollar’s rally may be nearing ‘tipping point’ as Fed readies big hikes

    by Reuters April 22, 2022
    by Reuters April 22, 2022

    By Saqib Iqbal Ahmed and Gertrude Chavez-Dreyfuss (Reuters) – A months-long rally in the dollar may be reaching its peak as the Federal Reserve gears up to deploy more interest …

  • Financial News

    Growth slowdown fears temper bullishness on commodity currencies

    by Reuters April 21, 2022
    by Reuters April 21, 2022

    By Sujata Rao and Saikat Chatterjee LONDON -After huge rallies fed by blockbuster commodity price surges, the tide may be turning for currencies such as the Aussie dollar and Colombian …

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