Axa reports 2% rise in first quarter revenue, keeps 2023 targets

PARIS (Reuters) -French insurer Axa on Thursday posted a 2% rise in revenue, with strength in its health and casualty insurance business offsetting weakness in savings.

newspaper

05-05-2022

Italy's Leonardo says well-placed for surge in military spending

ROME (Reuters) -Italian aerospace and defence group Leonardo confirmed its 2022 forecast on Thursday, saying it was well-positioned for increased military spending, after reporting a first-quarter rise in orders and core profit.

newspaper

05-05-2022

Oil steadies near $110/bbl as strong dollar offsets Russian oil ban

Oil prices steadied near $110 a barrel on Thursday as a stronger dollar and a drop in global stock markets offset supply concerns after the European Union laid out plans for new sanctions against Russia including an embargo on crude in six months.

newspaper

05-05-2022

Nasdaq slumps 4% as bets of big rate hikes grow despite Fed view

The Nasdaq plunged 4.6% and the other major indexes tumbled on Thursday, as Federal Reserve Chair Jerome Powell's less hawkish tone failed to ease investor expectations of bigger interest rate hikes this year.

newspaper

05-05-2022

Colombia swapped $641 million in local public debt last month

Colombia swapped internal public debt worth 2.6 trillion pesos ($641 million) in April, the second such operation this year and part of an effort to reduce amortizations and improve the country's debt profile, its finance ministry said on Thursday.

newspaper

05-05-2022

Leonardo confirms guidance after rise in Q1 orders, core profits

Italy's aerospace and defence group Leonardo said it confirmed its 2022 guidance after posting a rise in orders and core profits in the first three months of the year.

newspaper

05-05-2022

Wind turbine makers struggle to find pricing power

Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever.

newspaper

05-05-2022

Euro zone yields rise, tracking moves in U.S. Treasuries

(Reuters) -Euro zone borrowing costs were up on Thursday as a jump in U.S. Treasury yields the day after the Federal Reserve policy meeting outweighed dovish signals from the Bank of England.

newspaper

05-05-2022

Oil edges up on supply jitters as EU plans Russian oil ban

NEW YORK (Reuters) -Oil prices were flat to a little higher on Thursday as a stronger U.S. dollar offset supply concerns after the European Union laid out plans for new sanctions against Russia including an embargo on crude in six months.

newspaper

05-05-2022