German government slightly raises 2023 GDP forecast
BERLIN (Reuters) -The German government has raised its economic growth forecast for this year to 0.4% from a previously predicted…
Business
EU countries should focus on net expenditure, cut debt over 4 years -EU executive
By Jan Strupczewski BRUSSELS (Reuters) -The European Commission proposed on Wednesday that, under a reform of the EU’s fiscal rules,…
Factbox-US banks hit by deposit flight as clients seek higher returns
(Reuters) – The closure of two U.S. regional banks in March shook investor confidence in the banking industry and drove…
U.S. goods trade deficit narrows sharply in March; retail inventories rise
WASHINGTON (Reuters) – The U.S. trade deficit in goods narrowed sharply in March as exports surged and imports declined, which…
Smaller EV prices to come down as EV sales climb, IEA says
By Victoria Waldersee BERLIN (Reuters) – Nearly one in five cars sold globally this year will be electric, with the…
Analysis-Market calm invites risk of BOJ shock
By Junko Fujita and Tom Westbrook TOKYO (Reuters) – Investors have dialled down wagers on a policy shift at the…
Canada’s Rogers beats profit estimates on wireless business strength
(Reuters) -Rogers Communications Inc reported a better-than-expected quarterly profit on Wednesday, as gains in its wireless business helped offset weakness…
Roche Q1 sales decline tempered by swift uptake of new eye drug
By Ludwig Burger (Reuters) -Switzerland’s Roche said first-quarter sales dropped 7% on falling demand for its COVID-19 therapies and tests,…
GSK stays strong as healthy sales beat expectations
By Natalie Grover and Maggie Fick LONDON (Reuters) -GSK began 2023 with a quarterly performance that beat analyst expectations and…
First Republic advisers have lined up potential purchasers of bank’s new stock – CNBC
(Reuters) – First Republic Bank’s advisers have already lined up potential purchasers of new stock in the lender if they…