Dollar to remain resilient in coming months despite narrowing rate gap – Reuters poll
By Shaloo Shrivastava and Indradip Ghosh BENGALURU (Reuters) – The U.S. dollar will remain resilient against most major currencies over…
Business
Loblaw reports higher quarterly sales on strong demand for groceries, drugs
(Reuters) -Canadian retailer Loblaw Companies Ltd on Wednesday reported first-quarter sales rose 6%, helped by strong demand for essential goods…
Exclusive-Apollo seeks to take majority stake in SAS’s Chapter 11 rescue plan – sources
By Jacob Gronholt-Pedersen, Greg Roumeliotis and Marie Mannes COPENHAGEN/NEW YORK (Reuters) -U.S. asset manager Apollo Global Management Inc plans to…
Indonesia finance minister calls for cautious approach toward easing inflation
By Choonsik Yoo and Jihoon Lee INCHEON, South Korea (Reuters) – Inflation is cooling rapidly in countries including Indonesia but…
Brookfield, Tata in talks to invest in India’s Nexus Malls IPO – sources
By M. Sriram and Rama Venkat BENGALURU (Reuters) -Brookfield Asset Management and Tata Group are in talks to invest in…
Marketmind: Bank reverb frames Fed decision
A look at the day ahead in U.S. and global markets from Mike Dolan Markets finally worked out May might…
Stellantis cautious on road ahead after first quarter revenue boost
By Giulio Piovaccari and Gilles Guillaume MILAN (Reuters) -Stellantis said on Wednesday improvements in chip supply and price rises boosted…
Euro zone unemployment falls to 6.5% in March
BRUSSELS (Reuters) – Euro zone unemployment rate fell to 6.5% in March, the European Union’s statistics office Eurostat said, a…
Porsche to raise prices further as profits jump
BERLIN (Reuters) -Luxury carmaker Porsche will raise prices by 4-8% in Europe and the U.S. in the second half to…
Volvo Cars’ sales grow 10% in April on demand jump in China
STOCKHOLM (Reuters) – Sweden-based Volvo Cars said on Wednesday that sales increased by 10% year-on-year in April to 51,976 cars,…