Shipments from Ukraine slowing as Black Sea grain deal deadline nears
By Jonathan Saul LONDON (Reuters) – The pace of shipments from Ukraine under a U.N.-backed initiative has slowed as concerns…
Business
UBS raises expectations for ECB’s terminal rate; SocGen sees it peaking at 4%
(Reuters) -Economists at UBS expect the benchmark interest rate in the eurozone to peak at 3.75%, while Societe Generale sees…
Malaysia in talks to bring back 1MDB-linked fugitive Jho Low
KUALA LUMPUR (Reuters) – Malaysia is negotiating with other countries to speed up the return of fugitive financier Low Taek…
Global copper smelting slides to two-year low in April -satellite data
LONDON (Reuters) – Global copper smelting activity slid in April to the lowest level in two years as Chinese operations…
Marketmind: Apple comforts as payrolls loom
A look at the day ahead in U.S. and global markets from Mike Dolan Big Tech delivered again, as another…
China turnaround challenge dwarfs Adidas’ Yeezy debacle
By Casey Hall SHANGHAI (Reuters) -A potential 500 million euro ($551 million) write-off on unsold Yeezy shoes is a headache…
Global gold demand fell in the first quarter of 2023, WGC says
LONDON (Reuters) – Global gold demand fell in the first three months of 2023 as large purchases by central banks…
IHG boss to step down as Holiday Inn-owner sees China rebound
By Eva Mathews and Radhika Anilkumar (Reuters) – IHG Plc Chief Executive Keith Barr will step down next month after…
ECB policymakers promise more hikes to beat inflation
FRANKFURT (Reuters) -The European Central Bank will continue raising interest rates until inflation is under control, two ECB policymakers said…
Euro zone retail sales fall more than expected in March
FRANKFURT (Reuters) – Retail sales in the euro zone fell more than expected in March, Eurostat said on Friday, as…