Euro zone Q1 GDP growth confirmed at 0.1% q/q, Q1 exports jump
BRUSSELS (Reuters) – Euro zone economic growth was 0.1% quarter-on-quarter in the first three months of the year, the EU’s…
Asia
Macquarie raises hurdles to CDP joining KKR bid for Telecom Italia grid
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Australian fund Macquarie is raising legal hurdles over a plan backed by…
Investors lift equity allocations to 5-month high – BofA survey
LONDON (Reuters) – Investors lifted equity allocations to a 5-month high but cash levels also increased to 5.6%, even as…
Tesla applies to expand Shanghai plant, add pouch battery cell output
(Reuters) – Tesla Inc has applied for regulatory clearance to expand its Shanghai plant and to begin producing for the…
Analysis-Australian banks’ bid to shake mortgage reliance brings new risks
By Byron Kaye SYDNEY (Reuters) – Australia’s big banks are pivoting to what analysts say could be a risky fight…
EU must build cutting-edge computer chips – industry chief Breton
By Toby Sterling ANTWERP, Belgium (Reuters) – EU industry chief Thierry Breton on Tuesday touted the European Chips Act passed…
Morgan Stanley weighs cutting 7% of Asia investment bank jobs-source
(Reuters) -Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, or about 40 jobs, according to…
Exclusive-LG Display to supply OLED TV panels to Samsung Elec – sources
By Heekyong Yang SEOUL (Reuters) -South Korea’s LG Display Co Ltd will start supplying high-end TV panels to Samsung Electronic…
US defence pact to strengthen military, police -PNG leader
By Kirsty Needham SYDNEY (Reuters) – Papua New Guinea Prime Minister James Marape said that the United States had been…
New Zealand set to reveal bigger deficit in ‘no frills’ 2023-24 budget
By Lucy Craymer WELLINGTON (Reuters) – New Zealand Labour government is set to reveal a worse budget bottom line and…