JPMorgan profits drop 42%, bank writes down Russian assets
NEW YORK (AP) — JPMorgan Chase said its first quarter profits dropped by 42% from last year, partly because the…
Japanese Yen Falls To 20-year Low As Dollar Outlook Bright
By Saikat Chatterjee LONDON (Reuters) – The Japanese yen weakened past the 126 yen per dollar mark on Wednesday for…
Nexo And Mastercard Launch ‘world First’ Crypto-backed Payment Card
LONDON (Reuters) – Crypto lender Nexo said it has teamed up with global payments company Mastercard to launch on Wednesday…
UK inflation rises at the fastest pace in 30 years
LONDON (AP) — British consumer prices rose at the fastest pace in 30 years last month, fueled by soaring costs…
Delta Sees Return To Profit As Consumer Travel Demand Hits ‘historic’ Levels
By Rajesh Kumar Singh CHICAGO (Reuters) – Delta Air Lines Inc on Wednesday reported a quarterly loss, but forecast a…
Delta loses $940 million in Q1, but bookings, revenue, surge
Delta Air Lines lost $940 million in the first quarter, hurt by a rise in fuel prices, but bookings surged…
Analysis-Canada’s Accelerated Timetable For EVs Brings Spotlight On Key Bill
By Alexander Schummer TORONTO (Reuters) – Canada’s accelerated timeline to fully embrace electric vehicles (EVs) presents a threat to some…
Exclusive – China’s Oil Champion Prepares Western Retreat Over Sanctions Fear
By Ron Bousso and Chen Aizhu LONDON/SINGAPORE (Reuters) – China’s top offshore oil and gas producer CNOOC Ltd. is preparing…
Exclusive-IMF Hopes To Mobilize $45 Billion For New Trust To Aid Broader Range Of Countries
By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund hopes to mobilize around $45 billion for a new trust…
Rouble Steadies Near 80 Vs Dollar, Stocks Inch Higher
(Reuters) – The Russian rouble stabilised near 80 per dollar on Wednesday and stock indexes were up slightly, losing momentum…