PARIS (Reuters) -The European Central Bank interest rates are likely to reach their peak over the summer and a rate…
Mercedes-Benz eyes more direct sales amid earnings pressure
By Victoria Waldersee STUTTGART (Reuters) -Mercedes-Benz Group on Friday warned of lower earnings this year amid economic uncertainty, and said…
U.S. bond funds see first weekly outflow in six weeks on rate hike concerns
(Reuters) – U.S. bond funds witnessed their first weekly net selling in six weeks in the seven days to Feb.…
NatWest outlook drags down shares despite profit leap
By Iain Withers and Lawrence White LONDON (Reuters) – NatWest warned on Friday that rising interest rates may not deliver…
Corebridge posts smaller-than-feared profit drop on strong investment income
(Reuters) -Corebridge Financial Inc reported a smaller-than-expected drop in its quarterly profit on Friday, supported by higher investment income from…
Steep levies on Russian aluminium could threaten U.S. nickel supply
By Pratima Desai LONDON (Reuters) – Russia is likely to limit exports of key metals such as nickel and palladium…
German producer prices ease, but at lower pace than expected
BERLIN (Reuters) – German producer prices rose more than expected in January, though the rate of increase eased for the…
Global equity funds see outflows on worries over Fed tightening
(Reuters) – Global equity funds witnessed outflows in the week to Feb. 15, hit by worries about the U.S. Federal…
Air France-KLM sees robust bookings after better-than-expected Q4
By Joanna Plucinska LONDON (Reuters) -Air France-KLM said on Friday its 2023 bookings were almost back to pre-pandemic levels as…
Marketmind: Elusive peaks
A look at the day ahead in U.S. and global markets from Mike Dolan. Try as they might to view…