Notizia

MADRID (Reuters) -Spain's Santander said on Tuesday its net profit in the first quarter beat forecasts, rising 58% on the same period a year earlier thanks to higher revenues and efficiency gains in Europe.

(Reuters) -Novartis said on Tuesday its core operating income rose 3% in the first quarter as sales growth from new drugs offset unfavourable currency effects, but fell short of analyst estimates.

The European Central Bank should raise interest rates soon and has room for up to three hikes this year, ECB policymaker Martins Kazaks told Reuters, joining a chorus of policymakers calling for a swift exit from stimulus.

ZURICH (Reuters) -UBS's first-quarter net profit rose 17% on Tuesday to its best since 2007 on the back of strong trading, upending expectations for a fall amidst uncertainties over the war in Ukraine. Net profit for the March quarter of $2.136 billion outpaced average expectations for $1.79 billion in a poll of 21 analysts compiled by the Swiss bank.

Oil prices bounced on Tuesday, steadying after a sharp fall of 4% in the previous session as worries over China's fuel demand were soothed by the central bank's pledge to support an economy hit by renewed COVID-19 curbs.

Core operating income at Novartis edged 3% higher in the first quarter as sales growth from new drugs was partly offset by unfavourable currency effects.

MADRID (Reuters) -Spain's Santander on Tuesday said its net profit in the first quarter rose 58% compared to the same period a year ago thanks to higher revenues in Europe and a solid performance in South America.

Ether has promised to do better. It has promised to go to the next level, edging out crypto rivals and even outshining the godfather, bitcoin. But the clock's ticking.

Spain's Santander on Tuesday said its net profit in the first quarter rose 58% compared to the same period a year ago thanks to a recovery in Europe and a solid performance in South America.