Austria’s RBI Q1 net profit up better-than-expected 49%
FRANKFURT (Reuters) – Austria’s Raiffeisen Bank International, one of the banks in Europe most exposed to Russia, posted a bigger-than-expected…
Business
Exclusive-Blackstone weighs options for Spanish gambling firm Cirsa -sources
By Amy-Jo Crowley, Pablo Mayo Cerqueiro and Andres Gonzalez LONDON (Reuters) – Blackstone is weighing options for Spanish gambling company…
Lockheed realigns space business to boost efficiency
(Reuters) – Lockheed Martin is realigning its space business operations, transitioning from five lines of business to three to enhance…
VP Harris tells Microsoft, Google they have legal responsibility to ensure safety of AI products
WASHINGTON (Reuters) – U.S. Vice President Kamala Harris on Thursday told the chief executives of tech companies including Microsoft and…
Moderna reports surprise profit as it books deferred COVID vaccine sales
By Patrick Wingrove and Leroy Leo (Reuters) – Moderna Inc on Thursday reported a small profit of 19 cents per…
Factbox-Warren Buffett, Berkshire Hathaway at a glance
(Reuters) – Tens of thousands of people are descending on Omaha, Nebraska to attend the annual shareholder weekend for billionaire…
Factbox-PacWest Bancorp, US regional lender in spotlight
(Reuters) – PacWest Bancorp said late on Wednesday that it was in talks with potential partners and investors about strategic…
J&J’s Kenvue valued at $48 billion after shares jump in market debut
(Reuters) -Johnson & Johnson’s consumer health spinoff Kenvue Inc rose 16% and fetched a valuation of about $48 billion in…
Bank of Canada may hike rates further if inflation gets stuck above 2% – Macklem
By Steve Scherer and David Ljunggren OTTAWA, May 4 (Reuters) – Canadian inflation risks getting stuck significantly above the Bank…
ECB slows rate hike pace but signals more to come
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank slowed the pace of its interest rate…