Spotify down for thousands of users
(Reuters) – Spotify was facing issues on Wednesday, the audio streaming platform said, with outage tracking website Downdetector reporting that…
Business
Oilfield firm Baker Hughes beats profit estimate on strong oil prices
By Liz Hampton and Arunima Kumar (Reuters) -Oilfield firm Baker Hughes Co beat first-quarter profit estimates on Wednesday, as stronger…
Testing waters, Hungary’s central bank flags cut in top end of rate corridor
By Krisztina Than and Alan Charlish BUDAPEST (Reuters) – Hungary’s central bank could cut its 25% top collateralised loan rate…
Ryanair to trim schedules as 10 Boeing jets likely delayed
By Conor Humphries DUBLIN (Reuters) – Ryanair will have to trim its July schedule because it expects around 10 Boeing…
Citigroup hikes 2023 global growth forecast, sees US recession only in Q4
(Reuters) -Citigroup raised its 2023 global economic growth forecast to 2.4%, citing “solid” performance in the United States, euro area…
U.S. Bancorp beats profit estimates as higher rates boost interest income
(Reuters) – U.S. Bancorp (USB) on Wednesday beat estimates for first-quarter profit as rapid rate hikes from the Federal Reserve…
Euro zone services booming but sentiment recovery may have stalled -ECB’s Lane
DUBLIN (Reuters) -Growth in services across the euro zone is still accelerating but the steady improvement in business and consumer…
UK records western Europe’s highest inflation as March fall disappoints
By Andy Bruce and David Milliken LONDON (Reuters) – Britain was the only country in western Europe with double-digit inflation…
TSMC seeks up to $15 billion from US but objects to certain conditions- WSJ
(Reuters) -Taiwan Semiconductor Manufacturing Co Ltd is pushing back on some of the conditions the United States has attached to…
Analysis-Planemakers talk up ‘surge capacity’ amid industrial woes
By Tim Hepher and Valerie Insinna PARIS/WASHINGTON (Reuters) -Planemakers have signalled a shift in production strategy to make factories more…