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…
Business
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…
PacWest confirms strategic options talks after US bank shares plunge
By Anirban Sen and Noel Randewich (Reuters) – PacWest Bancorp said late on Wednesday it was in talks with potential…
Analysis-Delta’s pilot deal turns up the heat on rival airlines’ union negotiations
By Rajesh Kumar Singh and Allison Lampert (Reuters) – Delta Air Lines’ industry-changing pilot contract that offers $7 billion in…
Qualcomm amplifies chip gloom with ‘sobering report’
(Reuters) -Qualcomm Inc’s shares sank 7% on Thursday after the chip designer signalled it would take longer for its crucial…
Russian rouble soars to one-month high as oil prices halt slide
By Alexander Marrow (Reuters) -The Russian rouble climbed sharply to a more-than-one-month high on Thursday, gaining for a fifth straight…
Argentina seeks US, Brazil support for faster IMF payouts – gov’t sources
By Bernardo Caram and Nicolás Misculin BRASILIA/BUENOS AIRES (Reuters) – Argentina is seeking new easing of targets in its $44…