Regeneron beats quarterly profit estimates
(Reuters) – Regeneron Pharmaceuticals Inc beat Wall Street estimates for first-quarter profit on Thursday, driven by strong demand for eczema…
May 2023
Canadian Lender TD Calls Off $13.4 Billion Deal To Buy First Horizon Bank
(Reuters) -Canadian lender Toronto-Dominion Bank Group has called off its deal to acquire First Horizon Corp for $13.4 billion on…
Latin American election influence operation linked to Miami marketing firm
By Zeba Siddiqui and Christopher Bing SAN FRANCISCO/WASHINGTON (Reuters) – A Miami-based digital marketing firm was behind a series of…
Analysis-Fed up with shrinking savings, Europeans drain billions from banks
By Sinead Cruise, John O’Donnell and Tom Sims LONDON/DUBLIN (Reuters) – European savers are pulling more of their money from…
BMW stays cautious on outlook, says some car prices may rise
By Victoria Waldersee BERLIN (Reuters) -BMW will not cut electric vehicle (EV) prices in China and may raise some car…
Would Fed’s Powell go full ‘loathsome’ to buffer against a debt default?
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell, asked on Wednesday about what the Fed would do…
Hong Kong follows Fed rate hike, banking liquidity at fresh 2008 lows
By Donny Kwok and Georgina Lee HONG KONG (Reuters) – The Hong Kong Monetary Authority (HKMA) raised its main policy…
Shrinking US cattle herd squeezes meatpacker profits
By Tom Polansek CHICAGO (Reuters) – U.S. cattle producer Brad Kooima declined multiple, escalating bids from meatpackers seeking to buy…
Kremlin: We are not aware of any detailed Vatican peace plans
(Reuters) – The Kremlin said on Thursday that it knew Pope Francis was thinking about ways to end the conflict…
Marketmind: Hike and hold, bank angst and Apple
A look at the day ahead in U.S. and global markets from Mike Dolan If the Federal Reserve needs more…