Energy prices bump German inflation to four-decade high

BERLIN (Reuters) -German inflation hit its highest level in more than four decades in April, pushed higher by natural gas and mineral oil products that have significantly increased in price since Russia's attack on Ukraine.

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28-04-2022

Indonesia industry body confident palm oil export ban could end in May

JAKARTA (Reuters) -Indonesia should be able to tackle its cooking oil shortage in the next few weeks and lift an export ban on palm oil and its refined products in May, an industry body said on Thursday, a day after a last-minute policy U-turn sparked more alarm for markets.

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28-04-2022

German inflation rises slightly more than expected in April

German annual inflation rose slightly more than expected in April due to rising energy prices and delivery bottlenecks caused by supply chain interruptions, preliminary data showed on Thursday.

newspaper

28-04-2022

Domino's expects sales pressure to persist after miss in first quarter

(Reuters) -Domino's Pizza Inc missed quarterly U.S. same-store sales estimates on Thursday and said staffing shortages and unprecedented inflation will haunt it further into the year, sending the fast-food chain's shares down 5%.

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28-04-2022

Several European traders have started to pay for Russian gas in roubles - sources

Some European traders have started to pay Russia for gas sales in roubles, while large clients have yet to do so, two sources familiar with the matter told Reuters on Thursday.

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28-04-2022

Domino's Pizza misses U.S. same-store sales estimates

Domino's Pizza Inc missed Wall Street estimates for quarterly U.S. same-store sales on Thursday, as the fast-food chain struggled to bring in revenue due to a broader reopening of dine-in restaurants and labor shortages.

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28-04-2022

Nasdaq futures jump after strong Meta results; GDP data awaited

(Reuters) -Nasdaq futures jumped almost 2% on Thursday, as a surge in Meta Platforms shares after its strong results eased pressure on growth and technology stocks that have been battered on concerns about rising interest rates.

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28-04-2022

Comcast revenue tops estimates as Super Bowl, Olympics lift media business

Comcast Corp's first-quarter revenue beat Wall Street expectations on Thursday, as the media giant benefited from its broadcasts of the Super Bowl and Beijing Olympics, as well as a rebound in theme park attendance.

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28-04-2022

Brazilian airline Gol posts Q1 beat on higher revenue, FOREX gains

Brazilian airline Gol Linhas Aereas Inteligentes SA on Thursday reported higher-than-expected first quarter net income as currency gains helped offset higher fuel prices.

newspaper

28-04-2022