GSK Tops Forecasts As Consumer Health Spin-off Nears
By Pushkala Aripaka and Natalie Grover (Reuters) – GSK beat first-quarter sales and earnings forecasts on Wednesday, helped by demand…
Headlines
General Dynamics Profit Rises 3% On Strong Demand For Private Jets
(Reuters) – Gulfstream jet maker General Dynamics Corp on Wednesday posted a 3.1% rise in first-quarter profit, as demand for…
Musk’s Twitter ambitions to collide with Europe’s tech rules
LONDON (AP) — A hands-off approach to moderating content at Elon Musk’s Twitter could clash with ambitious new laws in…
Oil Prices Steady On Russian Supply Fears And Asian Demand Concerns
By Shadia Nasralla (Reuters) – Oil was broadly steady on Wednesday after Russia cut gas supplies to Bulgaria and Poland,…
Credit Suisse Has No Plans To Raise Capital – Source
ZURICH (Reuters) – Credit Suisse has no plans for a capital increase, a source familiar with the matter told Reuters…
EU nations accuse Russia of using natural gas as ‘blackmail’
WARSAW, Poland (AP) — Polish and Bulgarian leaders accused Moscow of using natural gas to blackmail their countries after Russia’s…
Elevator-maker Kone Trims Outlook As Q1 Profit Misses Forecast
HELSINKI (Reuters) – Elevator-maker Kone posted weaker-than-expected first-quarter core earnings on Wednesday, burdened by supply chain constraints and a decline…
Russia’s GDP Decline Could Hit 12.4% This Year, Economy Ministry Document Shows
(Reuters) – Russia expects the economy to contract by 8.8% in 2022 in its base case scenario, or by 12.4%…
Germany Preparing For Change Of Control At Rosneft Refinery -minister
BERLIN (Reuters) – Germany is preparing for a change of control at the PCK refinery in Schwedt operated by Russian…
Euro Falls Below $1.06 For First Time In Five Years
By Joice Alves LONDON (Reuters) – The euro fell below $1.06 for the first time in five years against a…