SocGen beats estimates as bond trading offsets retail banking slump
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) -French bank Societe Generale posted better than expected quarterly earnings on Friday…
Economy
UK economy makes slow start to 2023 as inflation headwinds persist
By David Milliken and William Schomberg LONDON (Reuters) -Britain’s economy grew sluggishly in early 2023, better than the shallow recession…
UK tech entrepreneur Lynch extradited to the U.S. on fraud charges
By Sarah Young and Paul Sandle LONDON (Reuters) -Mike Lynch, co-founder of UK software firm Autonomy, has been extradited to…
Record U.S. crude exports, rising shale output boosts oil flow to Houston
By Arathy Somasekhar HOUSTON (Reuters) – Oil pipelines from the top U.S. shale field to Houston that have run half…
Small aerospace suppliers press for better protections against rising costs
By Allison Lampert, Abhijith Ganapavaram and Valerie Insinna MONTREAL/WASHINGTON (Reuters) – The CEO of Canadian aerospace supplier Abipa International would…
Investors buckle up for pivotal Turkey elections
By Marc Jones and Canan Sevgili LONDON (Reuters) -Wild currency moves? Bazooka rate hikes? The many unknowns around Turkey’s pivotal…
Marketmind: Debt cap tick-tock leaves eerie calm
A look at the day ahead in U.S. and global markets from Mike Dolan A strange calm fell over world…
Hong Kong Q1 GDP grew 2.7% y/y, sees tourism, consumption driving recovery this year
HONG KONG (Reuters) -Hong Kong’s economy grew 2.7% in the first quarter from a year earlier, government data showed on…
Ukraine’s anti-graft prosecutor says rule of law trumps trophy convictions
By Dan Peleschuk KYIV (Reuters) – Ukraine’s crackdown on corruption has raised eyebrows in recent months by going after respected…
Philips to pay $62 million to resolve charges it violated US law
WASHINGTON (Reuters) -Dutch medical device maker Philips will pay $62 million (56 million euros) to resolve charges it violated the…