Bracing for Russian gas cuts, EU readies plan to cut demand
By Kate Abnett BRUSSELS – The European Union will set
Cuts
Hungary approves 2023 budget and deficit cuts after pre-poll spending spree
By Krisztina Than and Anita Komuves BUDAPEST -Hungary’s parliament on
Victoria’s Secret cuts 160 management roles in reorganization
(Reuters) – Victoria’s Secret & Co said on Tuesday it
Danske cuts profit outlook due to challenging financial market conditions
(Reuters) – Danske Bank on Sunday reduced its full-year net
Moody’s cuts Mexico’s credit rating by one notch, but improves outlook
MEXICO CITY – Moody’s Investors Service on Friday cut Mexico’s
Russia’s 2022 inflation seen at 14.5%, more rate cuts expected: Reuters poll
(Reuters) – Russia’s central bank will continue cutting rates to
France cuts growth outlook, but sticks to budget target – ministry
PARIS – France’s government cut its growth outlook sharply on
Toyota cuts stake in Uber by half, looks to maintain ties
(Reuters) – Japan’s Toyota Motor Corp has cut its stake
Europe Runs Back To Coal After Putin Cuts Off Natural Gas
Europe Runs Back To Coal After Putin Cuts Off Natural
European food delivery firms face forecast cuts as inflation surges, says J.P. Morgan
(Reuters) – European food delivery companies will be forced to
Australia power crisis forces manufacturers to eye offshore moves, production cuts
By Byron Kaye SYDNEY – Australia’s biggest building materials manufacturers
Russia Cuts Gas Flows To Europe, Blames Sanctions
Russia Cuts Gas Flows To Europe, Blames Sanctions Thomas Catenacci
Freeport LNG fire cuts key source of U.S. gas supply to Europe, Asia
By Marwa Rashad LONDON (Reuters – An at least three-week
ECB raises inflation, cuts growth forecasts
FRANKFURT – The European Central Bank raised its inflation projections
Yellen says some China tariff cuts may be warranted, not inflation ‘panacea’
By David Lawder WASHINGTON – U.S. Treasury Secretary Janet Yellen
Italy statistics bureau cuts growth forecasts, warns of “strong downside risks”
By Gavin Jones ROME – Italy’s economy will grow by
Philippines steps up inflation fight with food tariff cuts
MANILA – The Philippines said on Tuesday it has extended
UK’s Johnson promises tax cuts and plan for growth – Conservative source
LONDON – Prime Minister Boris Johnson promised lawmakers a new
U.S. tech sector sees highest job cuts in May since Dec. 2020 – report
(Reuters) – U.S. employers in the technology sector cut nearly
JPM says Japanese automakers to see record profits on price hikes, cost cuts
(Reuters) – Japanese auto companies are likely to post record
Gazprom says it fully cuts off gas supplies to Dutch gas trader GasTerra
(Reuters) – Russian energy giant Gazprom said on Tuesday it
Japan’s SoftBank cuts borrowing from Mizuho, Goldman Sachs
By Sam Nussey TOKYO – SoftBank Group Corp trimmed borrowing
IIF cuts 2022 global GDP growth estimate in half, flows to EM to drop 42%
NEW YORK – The Institute of International Finance slashed its
HeidelbergCement gets more ambitious on CO2 cuts, sets financial targets
FRANKFURT – HeidelbergCement, the world’s No. 2 cement maker, said
Russia cuts mandatory FX conversion level for exporters to 50%
(Reuters) – Russia is cutting the proportion of foreign currency
JPMorgan cuts China growth forecast to 3.7% from 4.3%
LONDON – U.S. investment bank JPMorgan cut its China full-year
Polestar cuts 2022 delivery forecast amid China lockdown
(Reuters) – Swedish electric-vehicle maker Polestar cut its 2022 delivery
JPMorgan cuts U.S. GDP estimates for 2022 and 2023
(Reuters) – JPMorgan on Wednesday cut its expectation for U.S.
Serbia’s central bank cuts 2022 growth forecast on Ukraine crisis
(Corrects figures in first paragraph to 3.5%-4.5% from 3%-4% and
Gazprom cuts nominations for gas transit via Ukraine on May 13
KYIV – Russia’s Gazprom has reduced the booked capacity for
Belarus PM sees interest rates falling after rate cuts in Russia
(Reuters) – Belarusian Prime Minister Roman Golovchenko said on Wednesday
Cathay Pacific cuts cash-burn target by half as Hong Kong eases restrictions
(Reuters) – Hong Kong’s Cathay Pacific Airways Ltd on Wednesday
BlackRock cuts back on China exposure on macro, geopolitical concerns
LONDON – BlackRock trimmed its exposure to Chinese stocks and
JPMorgan says EM debt at ‘mercy’ of Fed, cuts Nigeria from overweight
By Rachel Savage LONDON – Emerging market sovereign debt is
Danone reorganises Chinese assets, cuts ties with Mengniu
PARIS -France’s Danone said on Friday it would end its
No place to hide: Dollar’s surge cuts across markets
By Saikat Chatterjee and Sujata Rao LONDON – “Our currency,
Marubeni cuts exposure to Russia as it writes down stake in Sakhalin-1 project
TOKYO – Japanese trading house Marubeni Corp said on Friday
Bipartisan U.S. Senate group discusses clean-energy tax cuts
By David Morgan WASHINGTON – A bipartisan group of at
Brazil to make bolder tax cuts on industrial products
By Marcela Ayres BRASILIA – Brazilian President Jair Bolsonaro signed
MSCI eastern Europe stocks index drops after Russia cuts gas to Poland, Bulgaria
(Reuters) – MSCI’s emerging market eastern Europe equity index dropped
Thai finance ministry cuts 2022 GDP outlook over Ukraine war
By Orathai Sriring and Kitiphong Thaichareon BANGKOK – Thailand’s finance
JetBlue shares fall as airline cuts summer flight schedule
By David Shepardson (Reuters) – JetBlue Airways shares fell 11%
S&P cuts Sri Lanka to ‘selective default’ on missed payments
(Reuters) – S&P Global Ratings cut Sri Lanka’s rating as
Exclusive-Germany cuts 2022 economic growth forecast to 2.2% – source
BERLIN -The German government will cut its growth forecast for
Analysts see less room for China rate cuts after ‘conservative’ RRR cut
SHANGHAI – The smallness of a cut to the amount
Sachem Head cuts director slate to 5 in US Foods board battle
By Svea Herbst-Bayliss BOSTON -Activist investment firm Sachem Head on
Italy cuts growth impact of Recovery Plan, EU funds
By Giuseppe Fonte and Gavin Jones ROME – Italy has
Greek central bank cuts economic growth projection to 3.8% this year
By George Georgiopoulos ATHENS – Greece’s economy is seen expanding