French economy grinds to a halt in first quarter, worse than forecast

France's economy ground unexpectedly to a halt in the first quarter as consumer spending dropped in the face of an energy price shock and war in Ukraine, preliminary data from the INSEE official stats agency showed on Friday.

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29-04-2022

N. American oil companies scramble to find workers despite boom

When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he did not want to leave the industry after 17 years in oil and gas.

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29-04-2022

RBA to raise rates to 0.25% on Tuesday, to end year at 1.50%: Reuters poll

The Reserve Bank of Australia will raise interest rates for the first time in more than a decade on Tuesday and join a long list of central banks now expected to tighten policy at a much faster pace than previously thought, a Reuters poll found.

newspaper

29-04-2022

RBA to raise rates to 0.25% on Tuesday, to end year at 1.50%

The Reserve Bank of Australia will raise interest rates for the first time in more than a decade on Tuesday and join a long list of central banks now expected to tighten policy at a much faster pace than previously thought, a Reuters poll found.

newspaper

29-04-2022

China's PMI likely to show steeper factory activity decline in April - Reuters poll

The decline in Chinese factory activity likely steepened in April, a Reuters poll showed, as extensive lockdowns halted production and disrupted supply chains, boding ill for the economic outlook in the second quarter.

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29-04-2022

Asia shares brace for worst month in 2 years on growth fears, dollar buoyant

Asian shares clung on to small gains on Friday thanks to a solid Wall Street session, but were still set for their worst month in two years, as China growth fears and looming U.S. rate hikes dragged on sentiment and sent the safe-haven dollar soaring.

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29-04-2022

Toyota's Thai unit signs deal with Thailand on EV incentives

The Thai unit of Toyota Motor Corp on Friday signed an agreement with Thailand on incentives to promote the use of electric vehicles in Southeast Asia's major auto production base.

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29-04-2022

Cuervo parent Becle reports 9.4% increase in Q1 net profit

MEXICO CITY (Reuters) -Mexican distiller Becle, better known as the parent company of the popular Jose Cuervo tequila brand, posted a 9.4% increase in first-quarter net profit driven by increased sales, particularly in tequila, the company said in a statement on Thursday.

newspaper

29-04-2022

Citigroup's decade-old regulatory sanction lifted

The U.S. Office of the Comptroller of the Currency (OCC) lifted a 10-year-old consent order with Citigroup Inc, according to an internal memo from the bank viewed by Reuters.

newspaper

29-04-2022