Germany expects deficit of 4.25%/GDP in 2023 – fin min
BERLIN (Reuters) – Germany expects to post a deficit of 4.25% of gross domestic product (GDP) in 2023, up from…
Economy
Marketmind: Cloud control – tech trumps banks
A look at the day ahead in U.S. and global markets from Mike Dolan Just as markets were getting all…
Tech CEOs wax poetic on AI, big adds to sales will take time
By Noel Randewich and Akash Sriram (Reuters) -Microsoft Corp and Google-parent Alphabet Inc talked up investments in artificial intelligence (AI)…
South Africa’s producer inflation slows to 10.6% y/y in March
JOHANNESBURG (Reuters) – South Africa’s producer inflation slowed to 10.6% year-on-year in March from 12.2% in February, statistics agency data…
Microsoft says it will build data centre in Poland
WARSAW (Reuters) – Microsoft will build a data centre in Poland, the company’s President for Europe, the Middle east and…
Japan’s Sompo to focus on integration after acquisition spree
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Sompo Holdings Inc will place more focus on integrating domestic and…
Airbus shakes up leadership of A320-family jet programme
By Tim Hepher PARIS (Reuters) -Airbus has changed the leadership of its A320-family jetliner programme, the profit backbone of the…
Safran posts strong sales but sees supply chain risks
By Tim Hepher PARIS (Reuters) -French aero engine maker Safran unveiled stronger than expected quarterly revenues on Wednesday, buoyed by…
U.S. five-year credit default swaps hit new 2011 high
LONDON (Reuters) – The cost of insuring exposure to United States sovereign debt rose to its highest since 2011 on…
Japan’s Nomura quarterly profit dives 76% as global banking worries hit
By Makiko Yamazaki TOKYO (Reuters) -Nomura Holdings Inc, Japan’s biggest brokerage and investment bank, reported a 76% drop in its…