Dollar selling takes a pause after bruising week

The U.S. dollar recouped some of its losses against the euro on Friday, but remained set for its worst weekly performance against the common currency since early February as investors questioned whether the greenback's month-long rally was done.

newspaper

20-05-2022

Gilinski launches offer for up to 32.5% of Grupo Argos shares

Colombian business magnate Jaime Gilinski has launched a public acquisition offer for shares in industrial conglomerate Grupo Argos, the third company which has recently found itself in Gilinski's sights, the country's financial regulator said.

newspaper

20-05-2022

Wall St rises as growth stocks gain after two days of selloff

U.S. stock indexes rose on Friday led by megacap growth and healthcare shares at the end of a volatile week, roiled by concerns over the impact of rising inflation on earnings and the fallout of rate hikes on economic growth.

newspaper

20-05-2022

India's Jet Airways allowed to fly again

India's Jet Airways said on Friday the country's aviation regulator has cleared it to resume operation of commercial flights.

newspaper

20-05-2022

Credit Suisse hires Barclays banker to run Iberia investment banking

LONDON (Reuters) -Credit Suisse has hired a senior Barclays dealmaker to lead its investment banking business in Spain and Portugal, in a bid to strengthen its presence in a region where activity surged last year.

newspaper

20-05-2022

Wall Street opens higher after two-day selloff

Wall Street's main indexes opened higher on Friday with banks and megacap growth shares rising on the last day of a week that saw heightened volatility on concerns about the impact of rising inflation and interest rate hikes.

newspaper

20-05-2022

Renault boss Luca de Meo could return to Japan in June - source

The head of French carmaker Renault could return to Japan in June for the second time in two months, a source close to the matter told Reuters, a sign of intensifying talks with partner Nissan on a planned carve-out of its electric vehicle business.

newspaper

20-05-2022

Rowe to exit M&S with jump in profit, but much still to do

Steve Rowe will next week step down as chief executive of British retailer Marks & Spencer after a turbulent six years in the top job, with his internal successor set for a baptism of fire amid a worsening cost-of-living crisis.

newspaper

20-05-2022

Wall Street set to open higher after two-day selloff

(Reuters) -U.S. stock indexes were set for a higher open on Friday, with banks and megacap growth shares rising on the last day of a week that saw heightened volatility on concerns about the impact of higher inflation and subsequent rate hikes to tame it.

newspaper

20-05-2022