Denmark’s central bank raises key rate, following ECB hike
COPENHAGEN (Reuters) – Denmark’s central bank raised its key interest rate by 0.25 percentage points to 2.85% on Thursday, following…
Business
Largest banks doing big deals not ideal, FRC an exception – Powell
NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said it was probably good policy that the largest banks are…
Inflation has passed its peak in Germany as energy prices ease – Econ Min
BERLIN (Reuters) – Inflation has passed its peak in Germany as energy prices have eased, German Economy Minister Robert Habeck…
Bud maker’s profit jumps as customers absorb higher prices
By Philip Blenkinsop BRUSSELS (Reuters) -Anheuser-Busch InBev, the world’s largest brewer, reported higher than expected first-quarter earnings on Thursday as…
Embraer posts net loss in seasonally weaker Q1; shares fall
By Gabriel Araujo SAO PAULO (Reuters) -Embraer SA widened its net loss in the first quarter from a year ago,…
Canada’s Ivey PMI shows activity expanding at slower pace in April
TORONTO (Reuters) – Canadian economic activity expanded at a slower pace in April as growth in employment slipped and inventories…
Kellogg’s pricing actions help bolster annual forecasts
By Aatrayee Chatterjee (Reuters) -Kellogg Co on Thursday forecast a smaller drop in annual profit than it had previously expected…
Central banks stick to rate hikes with eye on market turmoil
LONDON (Reuters) – The U.S. Federal Reserve is close to the end of its interest rate hiking cycle, while the…
Goldman Sachs cooperating with government probes on SVB collapse
(Reuters) -Goldman Sachs Group Inc said in a filing on Thursday it is cooperating with government probes into collapsed Silicon…
Cash-strapped Lordstown may stop Endurance truck production
(Reuters) – Lordstown Motors reported a steep fall in its cash reserves on Thursday and said it might have to…