US added 428,000 jobs in April despite surging inflation
WASHINGTON (AP) — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing…
May 2022
Rouble Weakens Sharply From Over 2-year High Vs Euro Before Long Weekend
(Reuters) -The Russian rouble dropped sharply on Friday, pulling back from a more than two-year high against the euro as…
Italy Appeals Court Acquits All Defendants, Deutsche Bank, Nomura In Derivatives Case
MILAN (Reuters) – An Italian appeals court on Friday acquitted all defendants, Deutsche Bank and Nomura over derivative deals that…
Under Armour Profit View Hit By Supply Chain Issues, China Lockdowns
(Reuters) – Under Armour Inc on Friday forecast full-year profit below Wall Street estimates, as the sportswear maker grapples with…
Russia’s Rosneft Ramps Up Oil Sales To Indian Oil In May -traders
(Reuters) -Russia’s Rosneft sold 700,000 tonnes of Urals oil loading from Baltic ports of Primorsk and Ust-Luga in May to…
Tesla Targets Pre-lockdown Output In Shanghai By Mid-May
SHANGHAI (Reuters) -Tesla is aiming to increase output at its Shanghai plant to 2,600 cars a day from May 16,…
Exclusive-U.S. Regulators Are In China For Audit Deal Talks -sources
By Xie Yu HONG KONG (Reuters) -U.S. regulatory officials have arrived in Beijing seeking to settle a long-running dispute over…
Adidas CEO Says No Change To 2025 Goals After Q1 Hit By Lockdowns
BERLIN (Reuters) – Adidas’ Chief Executive Kasper Rorsted said nothing had changed on the German sportswear company’s 2025 goals, after…
Analysis: Nigeria And Angola Responsible For Almost Half Of OPEC+ Oil Supply Gap
By Alex Lawler, Julia Payne and Ron Bousso LONDON/LAGOS (Reuters) – Almost half the shortfall in planned oil supply by…
Key ECB Rate Should Be Back In Positive Territory By Year End: Villeroy
FRANKFURT (Reuters) – The European Central Bank should raise its deposit rate back into positive territory this year, French central…