Bayer gets shareholder rebuke for management remuneration

Shareholders of Bayer on Friday voted to reprimand the German drug and farming supplies maker for its top management pay scheme, after one leading proxy advisory group said it did not adequately reflect Bayer's litigation burden.

newspaper

29-04-2022

Dollar surge leaves trail of destruction

The dollar's race to two-decade highs is leaving a trail of destruction in its wake, exacerbating inflation in other countries and tightening financial conditions just as the world economy confronts the prospect of a slowdown in growth.

newspaper

29-04-2022

Miners, earnings lift European stocks at end of choppy April

(Reuters) -European shares on Friday rose to their highest in a week as strong earnings reports and a rally in miners boosted risk appetite at the end of a volatile month dominated by concerns about slowing global growth.

newspaper

29-04-2022

Dollar, US stocks fall on inflation concerns

The U.S. dollar index fell from 20-year highs while Wall Street equities were lower on Friday with the latest economic data Amazon.com's disappointing quarterly report and outlook keeping the spotlight on surging inflation.

newspaper

29-04-2022

Big Fed rate hikes ahead, amid early signs hot inflation is peaking

U.S. Federal Reserve policymakers look set to deliver a series of aggressive interest rate hikes at least until the summer to deal with hot inflation and surging labor costs, even as two reports Friday showed tentative signs both may be cresting.

newspaper

29-04-2022

Kuehne + Nagel results ride demand wave despite stagnant volumes

(Reuters) -Swiss logistics group Kuehne + Nagel reported on Tuesday a 162% surge in its first-quarter net earnings, citing strong demand for capital and consumer goods.

newspaper

29-04-2022

Honeywell raises full-year profit forecast as air travel surges

(Reuters) -Honeywell International Inc raised its full-year profit forecast on Friday, as a recovery in aviation markets due to a pickup in travel boosted demand for the company's parts, software and aftermarket services, sending its shares up as much as 6%.

newspaper

29-04-2022

Colombia's Avianca to merge with low-cost airline Viva

Flag-carrier Avianca has agreed to merge with Viva, another of Colombia's most important commercial airlines, while keeping separate branding and strategies, the firms said on Friday.

newspaper

29-04-2022

Europe strains for clarity as Russia stands by roubles-for-gas demand

Companies and countries were at odds over Moscow's rouble-for-gas payment system on Friday, while European officials promised more guidance on whether buying Russian gas can comply with sanctions and Russia said it saw no problem with its plan.

newspaper

29-04-2022