By Timothy Aeppel ELKHART, Ind. – What happens when Amazon.com Inc plops over 1,000 new jobs in one of the hottest blue-collar job markets in the country? The RV Capital …
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Analysis-As bond prices swoon, U.S. banks may slow stock buybacks
by Reutersby ReutersBy David Henry NEW YORK – Wall Street bankers have long talked about how higher interest rates will deliver additional revenue from loans and higher-yielding securities. Now that rates are …
- Financial News
Benettons rule out any transaction involving break-up of Atlantia – source
by Reutersby ReutersMILAN – The Benettons, who control Atlantia with a 33% stake, are united in ruling out any transaction that would involve a break-up of the Italian infrastructure group, one source …
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EBRD warns war in Ukraine will impact 2022 finances, after record profit
by Reutersby ReutersBy Rachel Savage LONDON – The European Bank for Reconstruction and Development said on Thursday that Russia’s war in Ukraine would have a significant impact on its finances this year, …
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Indonesia central bank sees end-2022 inflation at near 4% – deputy governor
by Reutersby ReutersJAKARTA – Indonesia’s central bank expects 2022 inflation to be at the upper bound of its target range or near 4% due to pressures from high global commodity prices, deputy …
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Thousands of goods railcars stuck at Ukraine’s border as war hits exports
by Reutersby ReutersBy Silvia Aloisi and Pavel Polityuk LVIV, Ukraine(Reuters) – In western Ukraine, some 1,100 train wagons carrying grain are stuck near the main rail border crossing with Poland, unable to …
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MILAN – Shares in Atlantia jumped almost 12% to their highest levels in over two years after Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of the Italian …
- Financial News
Online gambling firm 888 soars on deal to pay less for William Hill assets
by Reutersby ReutersBy Sinchita Mitra and Radhika Anilkumar (Reuters) -British online gambling firm 888 will pay a smaller price to buy William Hill’s international assets from U.S.-based owner Caesars Entertainment, the companies …
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By Jonathan Saul LONDON – European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed European Union ban on Russian imports and the …
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Canadian dollar seen higher if BoC front-loads rate hikes- Reuters poll
by Reutersby ReutersBy Fergal Smith TORONTO – REUTERS POLL-CANADIAN DOLLAR TO STRENGTHEN SLIGHTLY TO 1.25/USD IN THREE MONTHS, MATCHING MARCH’S FORECAST REUTERS POLL-CANADIAN DOLLAR SEEN UP 2% AT 1.23/USD IN ONE YEAR …
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Non-EU airlines liable for compensation for delays, EU’s top court says
by Reutersby ReutersBy Foo Yun Chee BRUSSELS – The EU’s top court on Thursday cleared the way for passengers to seek compensation for delayed flights from non-EU airlines operating flights on behalf …
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By Tim Hepher LONDON – Airbus and Qatar Airways are set to face each other in court as a dispute over billions of dollars of jets enters a theatrical phase …
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Walmart’s Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listing-sources
by Reutersby ReutersBy Aditya Kalra, Aftab Ahmed and Anirban Sen NEW DELHI – Walmart’s Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, …
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China’s JD.com promotes Lei Xu to CEO as founder Liu steps back
by Reutersby Reuters(Reuters) -JD.com Inc promoted its president, Lei Xu, to chief executive officer on Thursday to succeed founder Richard Liu, officially handing Xu the reins of the Chinese e-commerce company after …
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Japan’s Seven & i to reshape board as part of focus on global expansion
by Reutersby ReutersTOKYO -Japanese retailer Seven & I Holdings Co said on Thursday it would revamp its board of directors as it seeks to accelerate overseas growth. The operator of 7-Eleven convenience …
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A look at the day ahead in markets from Dhara Ranasinghe. Financial markets finally appear to be waking up to the reality that the Federal Reserve will soon start taking …
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BOJ policymaker emphasises benefits of weak yen to Japan’s economy
by Reutersby ReutersBy Leika Kihara TOKYO -The benefits of a weak yen outweigh the demerits for Japan’s export-oriented economy, central bank policymaker Asahi Noguchi said on Thursday, brushing aside the view the …
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UK house prices surge but inflation squeeze clouds outlook – Halifax
by Reutersby ReutersLONDON -British house prices grew strongly again in March but there are big questions about whether this can continue later in the year, mortgage lender Halifax said on Thursday. House …
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Analysis-Guns and power: Positioning for new era in European stocks
by Reutersby ReutersBy Joice Alves and Danilo Masoni LONDON – A month of the war in Ukraine briefly erased a year’s worth of gains for European equities but the continent’s bourses have …
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By Asha Sistla (Reuters) – Gold inched lower in range-bound trade on Thursday, as the dollar and yields gained after the U.S. Federal Reserve reiterated its aggressive stance to combat …
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By Leika Kihara TOKYO – The proportion of Japanese households expecting prices to rise a year from now has hit a 14-year high, a central bank survey showed on Thursday, …
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Surging prices nudge Asia’s reluctant central bank hawks off the sidelines
by Reutersby ReutersBy Leika Kihara and Wayne Cole (Reuters) – Some Asian central banks are shaking off their long-held reluctance to follow their global peers in lifting benchmark interest rates off historic …
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(OFFICIAL)-Japan start-up to offer fleet service using China’s Geely EVs
by Reutersby Reuters(Corrects paragraph 1 name of automaker after 3DOM clarifies) By Satoshi Sugiyama TOKYO -A Japanese battery start-up said on Thursday it would launch a commercial fleet service using electric vehicles …
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Credit Suisse restates results under new divisional reporting structure
by Reutersby ReutersZURICH – Credit Suisse Group published restated historical financial information on Thursday reflecting its new divisional reporting structure that was announced in November. It published the information on this website: …
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Bearish bets on Asian FX ease as central banks tilt towards rate hikes – Reuters poll
by Reutersby ReutersBy Sameer Manekar (Reuters) – Bearish bets on most Asian currencies eased as regional central banks sought to normalise policy due to surging inflation, while investors turned bullish on Singapore …