Broad Inflation Little Relief For Fed, But Peak May Be Near
By Howard Schneider WASHINGTON (Reuters) – U.S. consumer inflation hit another four-decade high in March when it reached 8.5% in…
Reuters
Global Stocks Pare Gains, Bond Yields Slip On Inflation Data
By Katanga Johnson WASHINGTON (Reuters) -Global equities reversed earlier gains on Tuesday, while U.S. Treasury yields slipped as data showing…
Dollar Rebounds As Brainard Assures Markets Fed Will Stay The Course
By Hannah Lang WASHINGTON (Reuters) -The dollar rebounded on Tuesday after digesting slightly softer-than-expected U.S. inflation data, while the euro…
Renault Considering Separate Bourse Listing For Electric Vehicle Assets – CEO
By Gilles Guillaume PARIS (Reuters) -Renault Chief Executive Luca de Meo said on Tuesday that the automaker’s plans to create…
Airbus Urges European Leaders To Refrain From Russian Titanium Sanctions
By Tim Hepher (Reuters) – Airbus urged Europe on Tuesday not to block imports of titanium from Russia, saying sanctions…
Ferrero Recalls Some Chocolates Due To Potential Salmonella Contamination
(Reuters) – Ferrero said on Tuesday it was voluntarily recalling some of its Kinder chocolates in the United States, saying…
Fed’s Brainard Says Balance Sheet Trim Could Start In June
By Lindsay Dunsmuir and Ann Saphir (Reuters) -Federal Reserve Governor Lael Brainard on Tuesday said the U.S. central bank could…
LVMH Q1 Sales Driven By High Demand For Louis Vuitton And Dior
By Mimosa Spencer PARIS (Reuters) -Strong demand for Louis Vuitton and Dior products helped lift first quarter sales at the…
Stocks Climb, U.S. Treasury Yields Slip As U.S. Inflation Data Fails To Surprise
By Katanga Johnson WASHINGTON (Reuters) – World stocks edged higher after a wobbly start on Tuesday, while U.S. Treasury yields…
Diversify Global Supply Chains, Don’t Dismantle Them, IMF Says
By David Lawder WASHINGTON (Reuters) – The COVID-19 pandemic wreaked havoc on global supply chains but new International Monetary Fund…