Author Archives: Syndicated Content
ECB sees higher growth, inflation
FRANKFURT (Reuters) - The European Central Bank raised some of its economic growth and inflation projections on Thursday, predicting a somewhat later return of price growth to its 2% target. Having ta...
Jun 06, 2024
ECB delivers its first rate cut in five years
(Reuters) -The European Central Bank cut rates for the first time in five years on Thursday, but kept investors in the dark about its next move, given increasing uncertainty over inflation after a sha...
Jun 06, 2024
Canada's energy, gold exports help narrow trade deficit in April
OTTAWA (Reuters) - Canada posted a smaller than expected merchandise trade deficit of C$1.05 billion ($765 million) in April, as energy and gold helped exports grow faster than imports, data showed on...
Jun 06, 2024
Jif peanut butter maker JM Smucker beats quarterly profit estimates on price hikes
(Reuters) - Jif peanut butter maker JM Smucker topped Wall Street estimates for fourth-quarter profit on Thursday, helped by higher prices of condiments and frozen food as well as lower input costs, s...
Jun 06, 2024
Mubadala-backed Zamp to buy Starbucks brand rights, stores in Brazil
SAO PAULO (Reuters) - Brazilian restaurant chain operator Zamp has agreed to buy the rights to operate the Starbucks brand in the South American country, as well as some stores, for 120 million reais ...
Jun 06, 2024
Former German chancellor Schroeder loses case to get Bundestag office back
BERLIN (Reuters) - Former Chancellor Gerhard Schroeder has lost another legal bid to reverse a decision to strip him of his government-funded office taken after the Kremlin's invasion of Ukraine amid ...
Jun 06, 2024
US weekly jobless claims rise in latest week
(Reuters) - The number of Americans filing new claims for unemployment benefits increased last week, but underlying strength in the labor market should continue to support the economy. Initial claims ...
Jun 06, 2024
Private equity deal drought overshadows annual meet up for second year
By Emma-Victoria Farr and Amy-Jo Crowley BERLIN (Reuters) - Advisers and investors congregated at the annual SuperReturn conference in Berlin this week as a still struggling private equity market cast...
Jun 06, 2024
India opposition demands probe into stock market moves during election
NEW DELHI (Reuters) - India's opposition Congress party leader Rahul Gandhi on Thursday demanded a parliamentary probe into stock market moves before and after the exit polls following the country's r...
Jun 06, 2024
ECB cuts rates, keeps next move under wraps
FRANKFURT (Reuters) - The European Central Bank cut interest rates for the first time in five years on Thursday but kept investors in the dark about its next move given increasing uncertainty over inf...
Jun 06, 2024
