Australian Banks’ Margin Woes Linger But Rate Hikes May Lift View
By Shashwat Awasthi (Reuters) – Australia’s “Big Four” banks are set to report a further squeeze on interest margins in…
May 1, 2022
Peru’s Annual Inflation Rate Hits 24-year High In April
By Marco Aquino LIMA (Reuters) – Peru’s annual inflation rate hit 7.96% in April, its highest level in 24 years,…
Germany: Quitting Russian oil by late summer is ‘realistic’
BERLIN (AP) — Germany says it’s making progress on weaning itself off Russian fossil fuels and expects to be fully…
Amazon To Get Hearing That Could Overturn NY Union Vote, Labor Board Official Says
By Jeffrey Dastin (Reuters) – Amazon.com Inc’s objections to a landmark union election at a company warehouse in New York…
Bored Ape NFT Company Raises Around $285 Million Of Crypto In Virtual Land Sale
By Elizabeth Howcroft LONDON (Reuters) – The company behind the “Bored Ape” series of NFTs has raised around $285 million…
Analysis-From Boom To Glut: Canada’s Housing Plan Could Backfire On Trudeau
By Julie Gordon OTTAWA (Reuters) – The Canadian government’s plan to ease runaway housing prices by rapidly ramping up the…
Tourists, rejoice! Italy, Greece relax COVID-19 restrictions
ROME (AP) — For travelers heading to Europe, summer vacations just got a whole lot easier. Italy and Greece relaxed…
Saudi Arabia’s Economy Estimated To Grow 9.6% In Q1, Driven By Oil
(Reuters) – Saudi Arabia’s economy grew by 9.6% in the first quarter of 2022, compared to a year earlier, according…
May Day rallies in Europe urge more help as inflation bites
PARIS (AP) — Tens of thousands of people marched Sunday in cities around Europe for May Day protests to honor…
Saudi Arabia’s Economy Estimated To Grow 9.6% In Q1 On Oil Activities
(Reuters) – Saudi Arabia’s economy grew 9.6% in the first quarter of 2022, compared to a year earlier, powered by…