Inflation and war risks to buoy gold in short term: Reuters Poll

Gold prices are expected to hold firm this quarter as investors seek refuge from soaring inflation and risks such as the Ukraine war, before retreating later this year as interest rates rise, a Reuters poll showed on Tuesday.

newspaper

03-05-2022

Rocky ride ahead for Norway's $1.2 trillion wealth fund

Norway's $1.2 trillion sovereign wealth fund is prepared for a rocky ride as it confronts the biggest geopolitical changes in three decades, its chief executive said on Tuesday.

newspaper

03-05-2022

Paramount misses quarterly revenue estimates on weak TV ad sales

(Reuters) -Paramount Global said on Tuesday it added over 6 million streaming subscribers in the first quarter but missed revenue estimates, hurt by weaker TV advertising sales in a period without the Super Bowl broadcast.

newspaper

03-05-2022

Futures slip as earnings disappoint, eyes on Fed

U.S. stock index futures fell on Tuesday after a slew of underwhelming earnings reports, while investors braced for a big interest rate hike by the Federal Reserve this week to tame surging prices.

newspaper

03-05-2022

Euro holds near five-year low as potential Fed hike nears

The euro held close to a five-year low against the U.S. dollar on Tuesday with the Federal Reserve expected to hike rates this week, while traders wait for European Central Bank President Christine Lagarde to give clues on her monetary policy plans.

newspaper

03-05-2022

Hilton resumes capital return earlier than expected after profit beat

Hotel operator Hilton Worldwide Holdings Inc said on Tuesday it had resumed returning capital to shareholders earlier than expected, after reporting a better-than-expected quarterly profit as travel demand rebounded.

newspaper

03-05-2022

Paramount misses quarterly revenue estimates on weak ad sales

Paramount Global on Tuesday said it added over 6 million streaming subscribers in the first quarter but missed revenue estimates, hurt by weak growth in advertising sales.

newspaper

03-05-2022

DuPont cuts 2022 forecast as higher material costs bite

(Reuters) -DuPont de Nemours on Tuesday cut its annual sales and earnings forecast to reflect higher raw material and logistics costs, sending the industrial materials maker's shares down 5% in premarket trade.

newspaper

03-05-2022

Campari quarterly sales boosted by European aperitif demand

MILAN (Reuters) -Italian drinks group Campari said on Tuesday sales jumped in the first three months of the year thanks to strong demand for its aperitifs as drinkers returned to bars in Europe.

newspaper

03-05-2022