Notizia

HELSINKI (Reuters) -Finnish stainless steel maker Outokumpu saw its shares soar more than 6% on Thursday after reporting stronger-than-expected quarterly profits, boosted by higher prices for stainless steel and ferrochrome.

DUBLIN (Reuters) -Ryanair has no plans to tap the bond market to finance its Boeing 737 MAX deliveries but it is ready to move at short notice should attractive opportunities arise, Chief Financial Officer Neil Sorahan said on Thursday.

Euro zone government bond yields extended their decline on Thursday after the Bank of England slashed its forecast for the British economy in 2023.

U.S. stocks were set for a lower open on Thursday, a day after the Federal Reserve's less aggressive tone sparked a rally on Wall Street, with investors keeping an eye out for jobs data this week for more clues on future rate hikes.

In a race to get on top of surging inflation, central banks in the United States, Britain and Australia, all jacked up interest rates this week.

LONDON (Reuters) -Britain's pound and government bond yields fell sharply on Thursday, after the Bank of England raised interest rates to their highest since 2009 but warned that the economy was at risk of recession.

The number of Americans filing new claims for unemployment benefits increased more than expected last week, but remained at a level consistent with tightening labor market conditions and further wage gains.

HSBC on Thursday sharply cut its forecast for the euro and said it expects the single currency to weaken to parity against the U.S. dollar this year, the first major investment bank to make that prediction.

European banks counted the rising cost of war in Ukraine on Thursday as France's Societe Generale, Credit Agricole and Italy's UniCredit upped provisions for the conflict without shattering investors' confidence in their prospects.