Some ECB governors doubted ‘immaculate disinflation’ in March
FRANKFURT (Reuters) -Some European Central Bank policymakers worried at their last meeting that the ECB’s new economic forecasts about wages,…
Business
German govt to slightly raise 2023 GDP forecast – sources
By Holger Hansen BERLIN (Reuters) -The German government is set to slightly raise its economic growth forecast for this year…
Huntington Bancshares beats profit estimate on interest boost
(Reuters) – Huntington Bancshares Inc on Thursday reported a first-quarter profit that narrowly beat analysts’ estimates, as a boost from…
Mexico state-run lithium company analyzing geothermal extraction
By Kylie Madry MEXICO CITY (Reuters) – Mexico’s state-run lithium company is examining a geothermal extraction method of the white…
Usiminas posts Q1 profit beat but sees lower steel sales ahead
SAO PAULO (Reuters) – Usiminas expects its steel sales to slip in the second quarter from a year earlier, it…
AT&T misses quarterly revenue estimates as competition weighs
(Reuters) -Shares of AT&T Inc fell 4% in premarket trade on Thursday as the wireless carrier missed Wall Street estimates…
AutoNation quarterly revenue skids on cooling used-vehicle demand
(Reuters) -Auto retailer AutoNation Inc on Thursday missed Wall Street estimates for first-quarter revenue as higher new vehicle and after-sales…
Woodford investors offered up to $292 million over fund failure
By Kirstin Ridley LONDON (Reuters) -More than 300,000 investors in the failed equity income fund run by one-time star stock…
Court rules Meta can be sued in Kenya over alleged unlawful redundancies
NAIROBI (Reuters) – A Kenyan judge ruled on Thursday that Facebook’s parent company Meta could be sued in Kenya, after…
China’s central bank official dismisses long-term deflation scenario
By Kevin Yao BEIJING (Reuters) -A recovery in Chinese consumer demand needs time to pick up due to the “scarring…