German govt to slightly raise 2023 GDP forecast – sources
By Holger Hansen BERLIN (Reuters) -The German government is set to slightly raise its economic growth forecast for this year…
Economy
Huntington Bancshares beats profit estimate on interest boost
(Reuters) – Huntington Bancshares Inc on Thursday reported a first-quarter profit that narrowly beat analysts’ estimates, as a boost from…
Woodford investors offered up to $292 million over fund failure
By Kirstin Ridley LONDON (Reuters) -More than 300,000 investors in the failed equity income fund run by one-time star stock…
Court rules Meta can be sued in Kenya over alleged unlawful redundancies
NAIROBI (Reuters) – A Kenyan judge ruled on Thursday that Facebook’s parent company Meta could be sued in Kenya, after…
China’s central bank official dismisses long-term deflation scenario
By Kevin Yao BEIJING (Reuters) -A recovery in Chinese consumer demand needs time to pick up due to the “scarring…
EU parliament backs world’s first comprehensive rules for cryptoassets
LONDON (Reuters) – The European Parliament on Thursday overwhelmingly backed the European Union’s first set of rules to regulate cryptoasset…
US homebuilder D.R. Horton reports over 34% fall in quarterly profit
(Reuters) – U.S. homebuilder D.R. Horton Inc posted a 34.4% fall in quarterly profit on Thursday, as high prices and…
France’s Renault plans no big price cuts despite Tesla challenge
By Gilles Guillaume and Silvia Aloisi PARIS (Reuters) -Renault does not plan to drastically cut prices on its electric vehicles,…
Learn by doing, German renewables companies bid to beat labour shortage
By Maria Martinez and Riham Alkousaa BERLIN (Reuters) – German wind power developer SL Naturenergie has been looking for a…
Japan will keep calling for China to act responsibly, Kishida says
By Yukiko Toyoda TOKYO (Reuters) -Japan will keep calling for China to act responsibly on the world stage, Prime Minister…