Aston Martin sticks to 2023 outlook after smaller Q1 pretax loss
(Reuters) -British luxury carmaker Aston Martin Lagonda on Wednesday reported a narrower quarterly pretax loss and maintained its 2023 outlook,…
May 3, 2023
Metro Bank posts second quarter of profitability on mortgage loans demand
(Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows…
Column-Quadruple whammy whips June Fed rate hike off the table: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – The Fed may well hike U.S. interest rates again on Wednesday but cracks…
UniCredit raises 2023 goals after stronger than expected quarter
MILAN (Reuters) – UniCredit on Wednesday raised its financial targets for the year, after posting much stronger than expected first…
Global rate hike push slows to a trickle in April ahead of busy May
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Interest rate hikes from central banks around the globe slowed to…
Stellantis Q1 Sales Up 14% As Better Chip Supply Supported Shipments
MILAN (Reuters) -Stellantis said on Wednesday its revenue grew 14% in the first quarter of this year on higher shipments,…
Analysis-Investors see big Novo Nordisk stock boost if obesity drug shows heart benefit
By Maggie Fick LONDON (Reuters) – Positive trial data showing Novo Nordisk’s obesity drug helps save and extend lives, not…
Taiwan seeking US cooperation to make next generation fighters
TAIPEI (Reuters) – Taiwan is seeking U.S. cooperation to make the island’s next domestically developed fighter jet, the head of…
Analysis-From tea to ketchup, some shelves lie empty as retailers struggle to predict demand
By Richa Naidu and Helen Reid LONDON/BARCELONA (Reuters) – A “salad crisis” affecting British supermarkets hit headlines earlier this year…
Egypt’s current account moves into surplus in Oct-Dec
CAIRO (Reuters) – Egypt’s current account turned a surplus for the first time in years in the October-to-December quarter as…