Cathay Pacific sees first HY profit in 3 years on travel rebound
(Reuters) -Hong Kong’s Cathay Pacific Airways on Friday forecast its first half-year profit in three years, buoyed by a strong…
Business
US business activity growth slows in June but services keep humming along
By Dan Burns (Reuters) – U.S. business activity fell to a three-month low in June as services growth eased for…
Exclusive-Fed’s Daly: two more US rate hikes a ‘very reasonable’ projection
By Ann Saphir SAN FRANCISCO (Reuters) – Two more U.S. interest-rate hikes this year is a “very reasonable” projection, San…
US new vehicle sales set to rise in June on improving supply – report
(Reuters) – New vehicle sales in the United States are seen to rise in June, according to a joint forecast…
EBRD lends 50 million euros to Ukraine’s Ukreximbank
KYIV (Reuters) – The European Bank for Reconstruction and Development will provide a 50-million-euro ($54 million) loan to one of…
Rich nations pledge to unlock hundreds of billions of dollars for climate fight
By John Irish and Leigh Thomas PARIS (Reuters) -Multilateral development banks like the World Bank are expected to find $200…
U.S. equity funds see biggest outflow in 12 weeks
(Reuters) – U.S. equity funds recorded their biggest outflows in 12 weeks for seven days ended June 21 as the…
Turkey’s lira sinks to record low after unconvincing rate hike
ISTANBUL (Reuters) -Turkey’s lira weakened as much as 3.3% to a record low on Friday, extending losses a day after…
German unions criticise possible Deutsche Bank job cuts
FRANKFURT (Reuters) – Deutsche Bank’s reported plans for possible job cuts at its German retail operations were roundly criticised by…
H&M shopworkers in Spain extend strike for two days early July
MADRID (Reuters) – Shop assistants at Swedish fashion retailer H&M in Spain extended a three-day strike planned in late June…