Cash shifts pull rug under equity markets - strategists

A sudden drop in U.S. stocks at the end of last week that morphed into widespread weakness in global markets on Monday can be traced to abrupt shifts to large pools of central bank liquidity rather than hawkish rhetoric from global policymakers.

newspaper

25-04-2022

Indonesia export ban will not include crude palm oil - sources

Indonesian government officials told palm oil companies on Monday that an export ban announced late last week would cover shipments of refined, bleached, deodorized (RBD) palm olein but not crude palm oil, two industry sources told Reuters.

newspaper

25-04-2022

Activision Blizzard sales miss as 'Call of Duty' sees weak demand

(Reuters) -Videogame publisher Activision Blizzard Inc missed estimates for first-quarter adjusted sales on Monday, hurt by low demand for its latest title "Call of Duty: Vanguard".

newspaper

25-04-2022

Activision Blizzard's quarterly adjusted sales misses estimates

Videogame publisher Activision Blizzard Inc missed estimates for first-quarter adjusted sales on Monday, hurt by low demand for its latest title "Call of Duty: Vanguard".

newspaper

25-04-2022

U.S. dollar perched at 2-year highs as risk appetite crumbles; yuan drops

The U.S. dollar marched to a two-year high on Monday as a wave of risk aversion swept global markets, while the Chinese yuan was set for its biggest three-day losing streak in nearly four years on growing worries of an economic slowdown in China.

newspaper

25-04-2022

Malaysia urges countries to prioritise food over fuel as Indonesia bans palm exports

Countries should pause or slow use of edible oil as biofuel to ensure adequate supply for use in food, a state-backed Malaysian palm oil group said on Monday, warning of a supply crisis following an Indonesian ban on palm oil exports.

newspaper

25-04-2022

Roche sees slowdown in COVID-driven sales growth

(Reuters) -Roche's first-quarter sales rose 10% on strong U.S. demand for rapid COVID-19 antigen tests and specialty drugs but the Swiss drugmaker reaffirmed that a drop in pandemic-related demand would put the brakes on growth.

newspaper

25-04-2022

Exclusive-Germany to hike 2022 inflation forecast to 6.1% - document

BERLIN (Reuters) -The German government is set to hike its inflation forecast for this year to 6.1% due to the impact of the war in Ukraine, up from 3.3% it had forecast in January, according to government document seen by Reuters on Monday.

newspaper

25-04-2022

German-funded consortium to develop 'battery passport' for Europe

A German-funded consortium of carmakers and battery producers, including BMW, Umicore and BASF, is to develop a "battery passport" that traces the content and carbon footprint of batteries in Europe, Germany's economy ministry said on Monday.

newspaper

25-04-2022