Soft lending and inflation data pave way for smaller ECB hike
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -Euro zone banks are turning off the credit taps and a key…
May 2023
Restaurant Brands beats quarterly estimates on higher pricing, traffic
(Reuters) -Restaurant Brands International Inc beat Wall Street estimates for first-quarter revenue and profit on Tuesday, boosted by higher prices…
UK retailers report record food inflation but see falls ahead
By David Milliken LONDON (Reuters) -Food prices in Britain rose by a record amount over the past 12 months but…
Marathon Petroleum Posts Bumper Profit On High Demand, Tight Supply
(Reuters) – Marathon Petroleum Corp posted a bumper profit on Tuesday, benefiting from higher margins on sustained fuel demand and…
Emirates boss forecasts resilient demand, no hit from new airlines
By Yousef Saba and Lisa Barrington DUBAI (Reuters) – Emirates Airline President Tim Clark said on Tuesday that new Saudi…
Glencore in hot pursuit of Teck as it seeks copper assets
(Reuters) – Canadian Prime Minister Justin Trudeau said in an interview to Bloomberg Television last week that any takeover bid…
King Charles’ coming coronation stirs memories of queen 70 years ago
By Hannah McKay and Natalie Thomas LONDON (Reuters) – Pamela Tawse was 18 and still in her nurse’s uniform and…
German finance minister rejects industrial power price plan -Handelsblatt
BERLIN (Reuters) – German Finance Minister Christian Lindner on Tuesday rejected a plan by Economy Minister Robert Habeck to introduce…
Trump’s lawyers say he should be able to talk about evidence in hush money case
(This May 1 story has been refiled to drop extraneous letter in the headline.) By Karen Freifeld (Reuters) – Donald…
Hedge funds bet consumers will rein in U.S. spending – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds’ bearish positions reached year highs in April, largely aimed at companies…