Adidas shares leap on results but CEO warns of bumpy year
By Helen Reid LONDON (Reuters) -Adidas reported better-than-expected quarterly results and said the Chinese market was improving, sending its shares…
Economy
UBS raises expectations for ECB’s terminal rate; SocGen sees it peaking at 4%
(Reuters) -Economists at UBS expect the benchmark interest rate in the eurozone to peak at 3.75%, while Societe Generale sees…
Marketmind: Apple comforts as payrolls loom
A look at the day ahead in U.S. and global markets from Mike Dolan Big Tech delivered again, as another…
China turnaround challenge dwarfs Adidas’ Yeezy debacle
By Casey Hall SHANGHAI (Reuters) -A potential 500 million euro ($551 million) write-off on unsold Yeezy shoes is a headache…
Global gold demand fell in the first quarter of 2023, WGC says
LONDON (Reuters) – Global gold demand fell in the first three months of 2023 as large purchases by central banks…
Turkey set to keep strong Russia ties whoever wins election
By Ece Toksabay and Huseyin Hayatsever ANKARA (Reuters) – Whoever wins Turkey’s elections this month, the NATO-member is expected to…
IHG boss to step down as Holiday Inn-owner sees China rebound
By Eva Mathews and Radhika Anilkumar (Reuters) – IHG Plc Chief Executive Keith Barr will step down next month after…
ECB policymakers promise more hikes to beat inflation
FRANKFURT (Reuters) -The European Central Bank will continue raising interest rates until inflation is under control, two ECB policymakers said…
Euro zone retail sales fall more than expected in March
FRANKFURT (Reuters) – Retail sales in the euro zone fell more than expected in March, Eurostat said on Friday, as…
Exclusive-Israel seized Binance crypto accounts to ‘thwart’ Islamic State, document shows
By Tom Wilson and Angus Berwick LONDON (Reuters) – Israel has seized around 190 crypto accounts at crypto exchange Binance…