Euro Dips Amid Caution Over Ukraine, Norwegian Crown Plunges
By Stefano Rebaudo (Reuters) -The euro edged lower on Thursday on caution about developments in Ukraine and limited progress in…
Headlines
OPEC sticks to modest boost in oil despite war jitters
LONDON (AP) — OPEC and allied oil producers including Russia decided Thursday to stick to a modest increase in the…
EU Regulators Look To Streamline Antitrust Rules
By Foo Yun Chee BRUSSELS (Reuters) – Regulators are looking to update rules, which target companies abusing their market power…
Moody’s Withdraws All Credit Ratings On Russian Entities
(Reuters) – Moody’s said on Thursday it has withdrawn all ratings on Russia and its rated Russian sub-sovereign entities. The…
Tesla Extends Shanghai Plant Suspension Amid Lockdown -internal Notice
SHANGHAI (Reuters) – Tesla is extending a production halt at its Shanghai factory for at least one day, an internal…
H&M Q1 Profit Falls Far Short Of Expectations
By Anna Ringstrom STOCKHOLM (Reuters) -Sweden’s H&M on Thursday reported quarterly profits that were sharply below analysts’ expectations for the…
Fed’s rate hikes threaten its goal of narrowing racial gaps
WASHINGTON (AP) — America’s hiring boom of the past year has narrowed racial disparities in unemployment. Yet the Federal Reserve’s…
Air France-KLM Renews CEO Smith’s Mandate And Names New KLM Boss
(Reuters) – Air France-KLM will renew the mandate of CEO Ben Smith for an additional five years, the Franco-Dutch airline…
H&M Profit Lags Expectations As Pandemic, Investments Weigh
STOCKHOLM (Reuters) – Sweden’s H&M reported on Thursday a smaller profit than expected for the December-February period, its fiscal first…
United States Weighs Largest Ever Draw From Emergency Oil Reserve -sources
By Jarrett Renshaw and Steve Holland WASHINGTON (Reuters) -The Biden administration is considering releasing up to 180 million barrels of…