S&P 500 first-quarter EPS creeps out of the red, Refinitiv data shows
By Noel Randewich (Reuters) – Who said corporate earnings were down? Fresh data shows earnings per share for S&P 500…
Economy
Exclusive-VTB to sell one of Russia’s biggest grain traders, Demetra-Holding, CEO Kostin says
MOSCOW (Reuters) – VTB, Russia’s second largest bank, will sell its stake in one of Russia’s biggest grain traders, Demetra-Holding,…
Exclusive-VTB profit seen at record of 400 billion roubles in 2023 – CEO Kostin
MOSCOW (Reuters) – Russian state-owned lender VTB will see profit of “not less” than 400 billion roubles ($4.9 billion) in…
European shares slip as cenbank meetings loom, Croda falls on profit warning
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares slipped on Friday, rounding off a lacklustre week that saw…
US minority-owned banks withstand industry turmoil, executives say
By Nupur Anand NEW YORK (Reuters) – Minority-owned banks in the U.S. have stayed resilient during this year’s industry turmoil…
Factbox-What are governments doing to ease inflation pain?
(Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices…
Canada extends Ukraine tariff-free order, tightens access to sheltered farm sectors
By Rod Nickel and Steve Scherer WINNIPEG, Manitoba (Reuters) -Canada on Friday extended Ukraine’s tariff-free access for most goods, but…
US companies face less pressure for climate and social reforms
By Ross Kerber (Reuters) – Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly…
UBS, government sign Credit Suisse loss-sharing deal clearing way for deal to close
By John Revill and Noele Illien ZURICH (Reuters) -UBS and the Swiss government agreed on Friday how they will share…
Pakistan targets fiscal deficit of 6.54% in budget closely watched by IMF
By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan’s government will target a budget deficit of 6.54% of economic…