Metro Bank posts second quarter of profitability on mortgage loans demand
(Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows…
Business
UniCredit raises 2023 goals after stronger than expected quarter
MILAN (Reuters) – UniCredit on Wednesday raised its financial targets for the year, after posting much stronger than expected first…
Global rate hike push slows to a trickle in April ahead of busy May
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Interest rate hikes from central banks around the globe slowed to…
Analysis-Investors see big Novo Nordisk stock boost if obesity drug shows heart benefit
By Maggie Fick LONDON (Reuters) – Positive trial data showing Novo Nordisk’s obesity drug helps save and extend lives, not…
Taiwan seeking US cooperation to make next generation fighters
TAIPEI (Reuters) – Taiwan is seeking U.S. cooperation to make the island’s next domestically developed fighter jet, the head of…
Analysis-From tea to ketchup, some shelves lie empty as retailers struggle to predict demand
By Richa Naidu and Helen Reid LONDON/BARCELONA (Reuters) – A “salad crisis” affecting British supermarkets hit headlines earlier this year…
Lufthansa sees earnings boost from strong summer travel
FRANKFURT (Reuters) -German airline group Deutsche Lufthansa said it expected strong demand for holiday travel this summer to fill seats…
Analysis-Banking mess, Fed among worries threatening calm stretch in US stocks
By Lewis Krauskopf, Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – The calm that has prevailed in the…
India’s April services activity hits near 13-year high, inflation accelerates
By Anant Chandak BENGALURU (Reuters) – India’s services activity expanded at the fastest pace in nearly 13 years in April,…
Australia central bank surprised by rapid recovery in population growth -official
SYDNEY (Reuters) – Australia’s central bank said on Wednesday that a rapid recovery in population growth was a big surprise…