Banking stability worries go behind closed doors at IMF-World Bank meetings
The IMF opened the week by warning that a major new flare-up of banking system turmoil could slam global growth back to 1% this year,..
Finance
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Dollar hits one-month high against yen as traders bet on Fed rate hike
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Agnellis’ Exor eyes further healthcare investment for expansion
Exor is the single largest investor in carmaker Stellantis and has controlling stakes in companies including Ferrari, CNH Industrial ..
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Shareholder group ISS backs Barclays board over former CEO Staley
Separately, ISS also said there may be “some scope” for further cuts to executive bonuses following a massive regulatory ..
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Sega Sammy says it is considering buying Angry Birds maker Rovio
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Volkswagen to partner on Indonesia EV battery ecosystem -minister
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Australian court approves BHP’s $6.4 billion OZ Minerals takeover
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At China’s largest trade fair, exporters worry about world economy
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France’s Ynsect to refocus bug business after capital increase
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Soccer-Jittery Arsenal losing their grip with summit in sight
Arteta’s face at the final whistle said it all and he knows that Arsenal have lost control of the title race. The Spaniard woul..
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Bootmaker Dr Martens warns on profit as finance chief walks
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Business
Oil heads for weekly rise after IEA predicts record demand
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Exclusive-Nissan takes its own road, minus Renault, in seeking tech tie-up
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Technology
No evidence yet showing which animal COVID may have come from, says former head of China CDC
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EU moves to clarify ‘sustainable’ investments after fund downgrades
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European privacy watchdog creates ChatGPT task force
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Technology
US Senate leader Schumer calls for AI rules as ChatGPT surges in popularity
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Spain offers to pay companies testing a 4-day work week
By Belén Carreño MADRID (Reuters) – Spanish companies with fewer than 250 workers have one month to apply for a pilot government..
Business
Analysis-LVMH’s caution points to Americans’ waning lust for luxury
By Mimosa Spencer PARIS (Reuters) – Luxury shoppers in the United States are curtailing purchases of high-end fashion and leathe..
Business
Bank of England fines former TSB executive over 2018 IT failure
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Stocks and gold cheer U.S. inflation picture, while dollar slides
Goldman Sachs’ chief economist Jan Hatzius sounded upbeat, noting risks of an outright banking crisis have declined sharply sin..
News
India opens new investigation into BBC in widening crackdown
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Schneider and GreenYellow target smaller businesses with energy saving technology
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Lack of electric vans opens door for Chinese, other EV makers
Seven of UK supermarket chain Asda’s eight ECVs are Maxus models, the other is a Ford. Fleet manager Sean Clifton has 50 additi..
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Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
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News
BoE’s Bailey says bank reforms worked but questions about liquidity buffers
Speaking at the same event, Pablo Hernandez de Cos, chair of the Basel Committee, whose members include the BoE and which sets global..
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G7 finance leaders pledge financial stability, supply chain diversity
The ministers said that supply chains needed to achieve both efficiency and resilience, helping to maintain macroeconomic stability a..
News
UK housing market weakness continues, improvement on the horizon – RICS
By Suban Abdulla LONDON (Reuters) – Britain’s housing market continued to feel the pinch of higher borrowing costs in Marc..
Headlines
Dollar drops as inflation cools more than expected
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expect..
Finance
Oil jumps on lower-than-expected US inflation data
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Res..
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Germany’s Merck to invest 300 million euros in US gas plant
(Reuters) -Germany’s Merck on Wednesday said it will invest about 300 million euros ($328 million) to develop an integrated spec..
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Inflation trumps financial risks as central bank tightening set to continue
International economic officials gathering in Washington this week for the IMF and World Bank spring meetings can take some comfort t..
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UK recruiters slow pace of pay growth in March, REC survey shows
By Suban Abdulla LONDON (Reuters) – Britain’s labour market showed signs of a slowing in the sharp pace of pay growth in M..
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Norway wealth fund employee sues for workplace gender discrimination
By Gwladys Fouche OSLO (Reuters) -A court in Oslo on Wednesday began hearing a gender discrimination case brought by an employee at No..
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Mercedes posts rise in Q1 sales boosted by EVs, premium cars
(Reuters) -Mercedes-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium c..
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Pizza firm DP Eurasia delivers profit rise, evaluating Russian business
(Reuters) -DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, on Wednesday said it was still weighing options..
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Truck maker Volvo posts record Q1 as sales, margins beat forecasts
By Terje Solsvik OSLO (Reuters) – AB Volvo reported record first-quarter profit, a preliminary filing showed, as the truck maker..
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