Producer prices in Canada rose by 0.4% in January from December on higher prices for refined petroleum energy products, as…
Safran CEO says supply chain will drive jet output hike
PARIS (Reuters) – French jet engine maker Safran on Friday backed plans by Airbus to raise its core single-aisle production…
Investors pull cash from classic risk plays as Fed rate picture shifts
LONDON (Reuters) – Investors turned more cautious in the week to Wednesday, according to data from Bank of America, as…
Germans worry about inflation, say it causes financial pain – survey
BERLIN (Reuters) – Most Germans are worried about high inflation, and more than half of them report that rising prices…
ECB’s Villeroy sees summer rate peak, no cut this year
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…