Blackstone mulls sale of Dutch bank NIBC –sources
By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Andres Gonzalez LONDON (Reuters) – U.S. buyout house Blackstone is weighing options for…
Economy
UK businesses raise prices to pass on higher wage costs: PMI
By Suban Abdulla LONDON (Reuters) -Britain’s services sector kicked off the second quarter with its fastest growth in a year,…
Analysis-Fed up with shrinking savings, Europeans drain billions from banks
By Sinead Cruise, John O’Donnell and Tom Sims LONDON/DUBLIN (Reuters) – European savers are pulling more of their money from…
BMW stays cautious on outlook, says some car prices may rise
By Victoria Waldersee BERLIN (Reuters) -BMW will not cut electric vehicle (EV) prices in China and may raise some car…
Would Fed’s Powell go full ‘loathsome’ to buffer against a debt default?
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell, asked on Wednesday about what the Fed would do…
Hong Kong follows Fed rate hike, banking liquidity at fresh 2008 lows
By Donny Kwok and Georgina Lee HONG KONG (Reuters) – The Hong Kong Monetary Authority (HKMA) raised its main policy…
Marketmind: Hike and hold, bank angst and Apple
A look at the day ahead in U.S. and global markets from Mike Dolan If the Federal Reserve needs more…
Shell, Equinor profits beat forecasts as trading offsets lower energy prices
By Ron Bousso, Shadia Nasralla and Nerijus Adomaitis LONDON/OSLO (Reuters) – Energy giants Shell and Equinor reported higher-than-expected first-quarter profits…
Hong Kong March retail sales jump 40.9% in fourth month of growth
HONG KONG (Reuters) -Hong Kong’s March retail sales rose 40.9% from a year earlier, the second biggest percentage rise on…
Sudan conflict deals new blow to stagnant economy
By Khalid Abdelaziz, Sarah El Safty and Nafisa Eltahir KHARTOUM/CAIRO (Reuters) – The conflict shaking Sudan has dealt a crippling…