Mexico headline inflation seen slowing for fourth consecutive month: Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation likely slowed for a fourth consecutive month in May, a Reuters poll on…
Business
Energy sector’s COVID recovery turns into massive CEO payday
By Tim McLaughlin (Reuters) – The CEOs of America’s biggest oil companies were paid a lot more in the first…
Insider buying in US regional banks at 3-year high as execs look to bolster confidence
By Shubham Batra (Reuters) – Regional bank executives buying shares in their own companies hit a three-year high in the…
ECB may need to keep raising rates beyond summer, Nagel says
FRANKFURT (Reuters) – The European Central Bank still needs several more interest rate hikes to rein in inflation and it…
ECB’s Lagarde sees no peak in core inflation despite ‘moderation’
FRANKFURT (Reuters) – European Central Bank President Christine Lagarde on Monday acknowledged “signs of moderation” in core inflation in the…
Canada home prices set to recover as demand stays strong: Reuters poll
By Milounee Purohit BENGALURU (Reuters) – Average home prices in Canada are set to fall around 9% this year and…
China’s top investment bank CITIC cuts base salary by up to 15% -sources
HONG KONG/BEIJING (Reuters) -China’s CITIC Securities is cutting pay across its investment banking division, lowering base salaries by up to…
Global airlines more than double 2023 profit outlook
By Joanna Plucinska, Aditi Shah and Tim Hepher ISTANBUL (Reuters) – Global airlines on Monday more than doubled their forecast…
Exclusive-EU Commission says Mercosur trade deal a priority as it seeks new allies
By Belén Carreño and Philip Blenkinsop MADRID/Brussels (Reuters) -The European Commission has said it is a priority to conclude a…
Qatar records budget surplus of $5.4 billion in Q1 – state news agency
DUBAI (Reuters) -Qatar recorded a budget surplus of 19.7 billion Qatari riyals ($5.4 billion) in the first quarter of 2023,…