Colombia Q1 economic growth forecast at 7.5% - Reuters poll

Colombia's economy could have grown by 7.5% in the first quarter of 2022 versus the year-earlier period, mainly boosted by domestic consumption, though this will begin to moderate amid inflationary pressures, a Reuters poll revealed on Friday.

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13-05-2022

Aeroflot buys eight Airbus aircraft from foreign leasing firms

(Reuters) -Russia's biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies "as part of the fulfilment of contractual obligations".

newspaper

13-05-2022

U.S. CDC closes investigation on Abbott's infant formula

The U.S. Centers for Disease Control and Prevention (CDC) has closed its investigation on Abbott Laboratories' infant formula, with no additional cases of infections, according to a notice on the U.S. Food and Drug Administration website.

newspaper

13-05-2022

Musk puts Twitter deal on hold

Elon Musk on Friday put his $44-billion deal for Twitter Inc temporarily on hold, sending the social media company's shares some 20% lower in pre-market trading and on the Frankfurt stock exchange.

newspaper

13-05-2022

Canada antitrust watchdog open to deal on Rogers bid for Shaw

TORONTO (Reuters) -Canada's competition bureau said on Friday that its decision to start litigation to block a C$20 billion ($15.5 billion) bid by Rogers Communications for Shaw Communications does not mean a settlement cannot be reached.

newspaper

13-05-2022

Alibaba lays off 40% of AliExpress Russia staff amid Ukraine war - Nikkei

Alibaba Group Holding has laid off about 40% of the staff in its Russian joint venture as the ongoing Ukraine crisis disrupts cross-border business, the Nikkei reported on Friday.

newspaper

13-05-2022

Russian inflation jumps to 17.83% in April, highest since early 2002

Consumer inflation in Russia accelerated in April to 17.83% in year-on-year terms, its highest level since January 2002, data showed on Friday, as it got a boost from the volatile rouble and unprecedented western sanctions that disrupted logistics chains.

newspaper

13-05-2022

U.S. consumer sentiment near 11-year low; import prices unchanged in April

U.S. consumer sentiment slumped to its lowest level in nearly 11 years in early May as worries about inflation persisted, but consumer spending remains underpinned by a strong labor market and massive savings, which should keep the economy expanding.

newspaper

13-05-2022

QUOTES-Musk puts Twitter deal on hold

Elon Musk on Friday put his $44-billion deal for Twitter Inc temporarily on hold, sending the social media company's shares some 20% lower in pre-market trading and on the Frankfurt stock exchange.

newspaper

13-05-2022