TOKYO – Japan’s factory output likely fell in April for the first time in three months as some manufacturers took a hit from strict COVID-19 lockdowns in Shanghai and other …
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(Reuters) – Auto industry consultants J.D. Power and LMC Automotive on Wednesday further cut their global light vehicle sales forecast for 2022, as lockdowns in China and the ongoing war …
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WASHINGTON – U.S. existing home sales dropped to the lowest level in nearly two years in April as house prices jumped to a record high amid a persistent lack of …
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By David Randall and Carolina Mandl NEW YORK – Jupiter Asset Management, Azora Capital LP and billionaire Jon Yarbrough’s family office were among funds that sold all of their stakes …
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By Sruthi Shankar (Reuters) -European stocks slumped on Thursday, with most cyclical parts of the market coming back down, a day after U.S. inflation data fuelled worries about the impact …
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MILAN – An appeals court on Friday acquitted all 13 defendants, as well as Deutsche Bank and Nomura, over derivative deals that prosecutors alleged helped Monte dei Paschi di Siena …
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By Marianna Parraga and Mircely Guanipa (Reuters) – Venezuela’s oil exports fell 8% in April from the previous month amid continued delays linked to poor-quality crude grades and insufficient oil …
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BERLIN -German industrial orders fell more than expected in March, driven mainly by a reduction in orders from abroad as the war in Ukraine hit manufacturing demand in Europe’s biggest …
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OCEAN CITY, NJ – A fatal tragedy has occurred at Gillian’s Wonderland Pier in Ocean City. According to amusement park President Jay A. Gillen, an employee working for a subcontractor …
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SEOUL – South Korea’s foreign exchange reserves measured in U.S. dollars shrank by the most in more than two years in April on the dollar’s strength and dollar-selling intervention by …
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NEW YORK – Citigroup Inc acknowledged late on Monday that one of its traders made an error in the sudden fall of European shares early in the day. “This morning …
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BERLIN – German retail sales fell unexpectedly in March as the war in Ukraine leads to price increases, data showed on Monday. The Federal Statistics Office said retail sales were …
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SHANGHAI/HONG KONG -CATL, the world’s largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall in two years, as it …
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LONDON – Measures of consumer behaviour in Britain weakened after the recent Easter holidays, and online job adverts also decreased, the Office for National Statistics said on Thursday. Interbank CHAPS …
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(Reuters) – Russia’s Gazprom expects about a 4% fall in gas output this year, Deputy Chief Executive Vitaly Markelov told an inhouse magazine on Thursday, in another sign of the …
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LONDON – Borrowing costs for U.S. dollars in currency derivatives markets rose sharply on Thursday after the dollar surged to within striking distance of its highest levels in two decades. …
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STOCKHOLM – Swedish banking group Swedbank on Thursday reported slightly better-than-expected net profit for the quarter but said a potential interruption of Russian gas deliveries to Europe would have an …
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By David Shepardson (Reuters) – JetBlue Airways shares fell 11% on Tuesday after the carrier said it will trim its summer schedule to address a series of challenges ahead of …
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(Reuters) -Newmont Corp on Friday posted a fall in first-quarter profit, as the world’s biggest gold miner was hurt by lower gold sales volumes. Miners have been dealing with labor …
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PARIS -Shares in Carrefour fell nearly 4% on Thursday after Europe’s largest food retailer reported first-quarter sales that showed a lacklustre performance in its core French market, overshadowing more robust …
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By Andrea Shalal WASHINGTON – Governments must target fiscal support to vulnerable populations hit hardest by rising energy and food prices, and now facing growing food insecurity as a result …
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(Reuters) – The Ukrainian port city of Mariupol could fall to Russian forces within days, a European official said on Tuesday, saying it may suffer more than the town of …
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(Reuters) – Ukraine’s gross domestic product (GDP) may fall between 30% and 50% this year, Finance Minister Serhiy Marchenko said in televised comments on Saturday. (Reporting in Kyiv by Pavel …
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WELLINGTON – Tighter lending criteria and rising interest rates, coupled with inflation, continue to weigh on house prices and sales activity in New Zealand, the Real Estate Institute of New …
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FARGO – Interim United States Attorney Nicholas W. Chase announced that on April 12, 2022, U.S. District Court Chief Judge Peter D. Welte sentenced Abbot William Aho, a/k/a Boogie, age …