Qualcomm amplifies chip gloom with ‘sobering report’
(Reuters) -Qualcomm Inc’s shares sank 7% on Thursday after the chip designer signalled it would take longer for its crucial…
Economy
Russian rouble soars to one-month high as oil prices halt slide
By Alexander Marrow (Reuters) -The Russian rouble climbed sharply to a more-than-one-month high on Thursday, gaining for a fifth straight…
Argentina seeks US, Brazil support for faster IMF payouts – gov’t sources
By Bernardo Caram and Nicolás Misculin BRASILIA/BUENOS AIRES (Reuters) – Argentina is seeking new easing of targets in its $44…
Shell posts $10 billion profit as trading offsets lower energy prices
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell on Thursday posted first-quarter net profit of $9.65 billion as…
US trade deficit narrows sharply in March as exports rise
WASHINGTON (Reuters) – The U.S. trade deficit narrowed sharply in March as exports increased, which could position trade to continue…
US productivity drops in first quarter; labor costs jump
WASHINGTON (Reuters) – U.S. worker productivity fell more than expected in the first quarter after growing in the second half…
TenneT sale talks slow as Germany, Netherlands differ on price, offshore
By Toby Sterling, Christoph Steitz and Markus Wacket AMSTERDAM/BERLIN (Reuters) – Talks on a planned sale of Dutch state-owned electricity…
Instant View: ECB delivers seventh consecutive rate hike
LONDON (Reuters) – The European Central Bank eased the pace of its interest rate hikes on Thursday and kept its…
Adecco sales top forecast as corporate Europe hires temps
By Andrey Sychev (Reuters) -Adecco Group beat first-quarter sales expectations on Thursday as companies turned to temporary workers after laying…
Euro zone bond yields and euro fall after ECB hikes rates
LONDON (Reuters) – Euro zone government bond yields fell along with the euro on Thursday after the European Central Bank…