German Industrial Orders Fall As Ukraine War Dampens Demand
BERLIN (Reuters) -German industrial orders fell more than expected in March, driven mainly by a reduction in orders from abroad…
May 2022
Shell Posts Record Quarterly Profit, Lifted By Energy Price Surge
By Ron Bousso and Shadia Nasralla LONDON (Reuters) -Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted…
Turkey’s Inflation Surges To 20-year High Of 70% In April
ISTANBUL (Reuters) – Turkey’s annual inflation jumped to 69.97% in April, above forecast and at a two-decade high, according to…
ArcelorMittal Increases Buyback Program, Sees Global Steel Dip
By Marine Strauss BRUSSELS (Reuters) – ArcelorMittal reported higher-than-expected core profit in the first quarter on Thursday, but said it…
Oil Climbs Higher On Supply Jitters As EU Lays Out Russian Oil Ban
By Florence Tan (Reuters) – Oil prices extended gains on Thursday on supply concerns as the European Union proposal laid…
Shell Posts Record Profit On High Energy Prices And Trading Boost
LONDON (Reuters) – Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted…
Asian stocks follow Wall St down as rate hike worries grow
BEIJING (AP) — Asian stocks followed Wall Street lower Friday as fears spread that U.S. interest rate hikes to fight…
Air France-KLM Beats Earnings Forecasts As Summer Bookings Take Off
PARIS (Reuters) – Air France-KLM posted a first-quarter core profit that landed ahead of its own forecasts, fuelled by a…
Japan Says Difficult To Immediately Follow Russia Oil Embargo
TOKYO (Reuters) – Japan would face “difficulty” to immediately follow a move to cut off Russian oil imports over the…
Rising interest rates in US will hinder foreign economies
WASHINGTON (AP) — When the Federal Reserve raises interest rates — as it did Wednesday — the impact doesn’t stop…