First Republic Bank deposits tumble more than $100 billion as it explores options
By Mehnaz Yasmin and Nupur Anand (Reuters) -First Republic Bank shares sank more than 20% after the closing bell on…
Business
Commercial real estate loans in core Europe face $55 billion funding gap, report says
By Chiara Elisei LONDON (Reuters) – Around one in five loans backing commercial real estate (CRE) in Britain, France and…
German export sentiment at highest level since February 2022 – Ifo
(Reuters) -Sentiment among German exporters has rebounded to the highest point seen since the outbreak of war in Ukraine last…
KitKat sweetens Nestle sales with Easter, Valentine’s Day comeback
By Richa Naidu LONDON (Reuters) – In a quarter that saw Nestle’s overall sales volumes dip, the KitKat maker’s candy…
London Q1 finance job vacancies plummet 31% year-on-year
LONDON (Reuters) – First-quarter job opportunities in London’s financial sector plunged by almost a third year-on-year, recruiter Morgan McKinley said…
UK grocery inflation eases slightly to 17.3% in April -Kantar
By James Davey LONDON (Reuters) – British grocery inflation edged lower in April but remained near record highs, industry data…
India says risks weigh on FY24 growth forecast, but macros stable
NEW DELHI (Reuters) – There are risks to India achieving its real growth forecast of 6.5% for the financial year…
ECB’s Villeroy: Food price inflation to start easing in H2
PARIS (Reuters) – Food price inflation will start easing in the second half of this year, French ECB policymaker Francois…
Chile’s lithium move a further push for automakers to diversify supply chain
By Nick Carey LONDON (Reuters) -Chile’s move to nationalise its lithium industry adds fresh supply chain uncertainty for global carmakers…
Evergrande EV unit set for $3.6 billion gain from liability transfer
(Reuters) -Embattled property developer China Evergrande Group said its listed electric vehicle arm will book a $3.6 billion gain from…