IAG’s Iberia names Fernando Candela as temporary head
MADRID (Reuters) – International Airlines Group’s Spanish airline Iberia named Fernando Candela as its new acting president and chief executive…
Economy
Sberbank’s tech push shows Russia’s growing reliance on its top bank
By Alexander Marrow MOSCOW (Reuters) – Already Russia’s dominant lender, state-owned Sberbank has become one of the country’s leading technology…
Austria’s RBI Q1 net profit up better-than-expected 49%
FRANKFURT (Reuters) – Austria’s Raiffeisen Bank International, one of the banks in Europe most exposed to Russia, posted a bigger-than-expected…
Exclusive-Blackstone weighs options for Spanish gambling firm Cirsa -sources
By Amy-Jo Crowley, Pablo Mayo Cerqueiro and Andres Gonzalez LONDON (Reuters) – Blackstone is weighing options for Spanish gambling company…
Factbox-PacWest Bancorp, US regional lender in spotlight
(Reuters) – PacWest Bancorp said late on Wednesday that it was in talks with potential partners and investors about strategic…
J&J’s Kenvue valued at $48 billion after shares jump in market debut
(Reuters) -Johnson & Johnson’s consumer health spinoff Kenvue Inc rose 16% and fetched a valuation of about $48 billion in…
Bank of Canada may hike rates further if inflation gets stuck above 2% – Macklem
By Steve Scherer and David Ljunggren OTTAWA, May 4 (Reuters) – Canadian inflation risks getting stuck significantly above the Bank…
ECB slows rate hike pace but signals more to come
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank slowed the pace of its interest rate…
Senator Warren blames First Republic executives of “mismanagement”
(Reuters) -U.S. Senator Elizabeth Warren has accused First Republic Bank executives of “mismanagement” in a letter to its former CEO…
Starbucks pushes appeal in Memphis union case; US labor tactics scrutinized
By Daniel Wiessner (Reuters) – U.S. appeals court judges on Thursday expressed skepticism that Starbucks Corp hurt a union organizing…