Marketmind: April boomlet mocks recession script
A look at the day ahead in U.S. and global markets from Mike Dolan The signal is still lost in…
Business
Rate hike worries drive US bond funds first outflow in three weeks
(Reuters) – U.S. bond funds suffered big outflows in the week to April 19 on expectations that the Federal Reserve…
Nestle, PAI to create joint venture for frozen pizza in Europe
BERLIN (Reuters) – Nestle and private equity firm PAI Partners have agreed to set up a joint venture for Nestle’s…
Investors turn net sellers of global equity funds on recession fears
(Reuters) – Rising concerns of a recession following weaker economic data and expectations the Fed will keep hiking rates to…
Investors cut cash holdings as market focus shifts to inflation
By Lucy Raitano LONDON (Reuters) – Investors cut their cash holdings for the first time in eight weeks in the…
Toyota must do more, faster to meet China market expectations – CEO
By Daniel Leussink and Maki Shiraki TOKYO (Reuters) -Toyota Motor Corp’s chief executive on Friday gave a stark assessment of…
Hungary central bank to leave base rate steady at 13% next week – Reuters poll
By Gergely Szakacs BUDAPEST (Reuters) – The National Bank of Hungary is expected to leave its base rate steady at…
Argentina’s economy teeters on the edge of deeper crisis as market anxiety grows- Reuters Poll
By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s economy will teeter on the edge of a deeper crisis in the…
Altria faces first trial over claims it helped market Juul to teens
By Brendan Pierson (Reuters) – Tobacco giant Altria Group Inc is set to face trial Monday in a lawsuit by…
Strikes cripple German rail network, four airports
BERLIN (Reuters) – Rail workers went on strike across Germany on Friday, mostly bringing national operator Deutsche Bahn’s services to…