By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank pushed back on Thursday against market bets that…
Fed’s Collins sees U.S. interest rate hike peak “just above” 5%
By Lindsay Dunsmuir (Reuters) – The Federal Reserve will probably need to raise interest rates to “just above” 5% and…
EuroGroup Laminations aims to rekindle Milan IPO market
By Elisa Anzolin and Federico Maccioni MILAN (Reuters) -Italy’s EuroGroup Laminations, a maker of electric motor components, said on Thursday…
JPMorgan CEO Dimon sees interest rates going beyond 5% – CNBC
(Reuters) – JPMorgan Chase & Co Chief Executive Officer Jamie Dimon expects interest rates to go beyond 5% as inflation…
Davos 2023-Be careful on ‘friend-shoring’, WTO’s Ngozi warns
DAVOS, Switzerland (Reuters) – Trade blocs seeking to skirt geopolitical risk by “friend-shoring” activities to like-minded countries should be careful…
Lufthansa bids for ITA stake to revive Italy’s loss-making airline
By Angelo Amante, Giuseppe Fonte and Ilona Wissenbach ROME/FRANKFURT (Reuters) – German carrier Lufthansa said on Wednesday it had offered…
Marketmind: No safety net?
A look at the day ahead in U.S. and global markets from Mike Dolan. World markets have been spooked by…
SLB wins Russia business as oilfield rivals exit after Ukraine invasion
By Liz Hampton (Reuters) – Following Moscow’s invasion of Ukraine, world’s largest oilfield firm SLB has boosted its business in…
Sacked GM workers in India sue company, CEO Barra for unpaid compensation
By Aditi Shah and Arpan Chaturvedi NEW DELHI (Reuters) -A union in India has sued General Motors’ local unit and…
Unilever gets partial win in EU court over Italy competition fine
BRUSSELS (Reuters) – Consumer goods group Unilever secured a partial victory at the European Union’s highest court on Thursday over…