Market stress may pressure Spanish banks despite strong liquidity- cenbank
By Jesús Aguado MADRID (Reuters) -Spanish lenders may feel the impact from rising global risks, such as the higher cost…
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Airline capacity constrained until 2025 due to delivery delays, spare parts -IATA
DUBLIN (Reuters) – Global airline capacity will be lower than expected this year and stay constrained until 2025 at the…
Import ban pushes Pakistan back to budget account surplus
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s current account recorded a surplus in March, the highest in two years, the…
Japan’s SMFG is first global bank to sell AT1 bonds since C.Suisse wipeout
By Junko Fujita TOKYO (Reuters) -Japan’s Sumitomo Mitsui Financial Group (SMFG) sold $1 billion of additional tier-1 (AT1) debt on…
Oilfield firm Baker Hughes beats profit estimate on strong oil prices
By Liz Hampton and Arunima Kumar (Reuters) -Oilfield firm Baker Hughes Co beat first-quarter profit estimates on Wednesday, as stronger…
Citigroup hikes 2023 global growth forecast, sees US recession only in Q4
(Reuters) -Citigroup raised its 2023 global economic growth forecast to 2.4%, citing “solid” performance in the United States, euro area…
Euro zone services booming but sentiment recovery may have stalled -ECB’s Lane
DUBLIN (Reuters) -Growth in services across the euro zone is still accelerating but the steady improvement in business and consumer…
Exclusive: South Korea’s Yoon opens door for possible military aid to Ukraine
By Soyoung Kim, Ju-min Park and Hyonhee Shin SEOUL (Reuters) – South Korea might extend its support for Ukraine beyond…
Ghana’s economy grew 3.1% in 2022, 3.7% in fourth quarter, statistics office says
By Christian Akorlie ACCRA (Reuters) -Ghana’s economy grew 3.1% year-on-year in 2022, compared with a growth rate of 5.1% the…
UK records western Europe’s highest inflation as March fall disappoints
By Andy Bruce and David Milliken LONDON (Reuters) – Britain was the only country in western Europe with double-digit inflation…