(This March 29 story has been refiled to fixe typo in economist’s name in paragraph 7) By Fergal Smith and Molly Cone TORONTO (Reuters) – Canadian Finance Minister Chrystia Freeland’[...]
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March 30, 2023
China’s top airlines post record annual losses, outlook brighter
BEIJING (Reuters) – China’s flagship carrier Air China Ltd posted record annual losses of 38.6 billion yuan ($5.61 billion)on Thursday as the country’s now-abandoned zero-COVID polic[...]
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China’s Big Five banks post healthy results, warn of shaky recovery
By Ziyi Tang, Selena Li and Engen Tham BEIJING (Reuters) – China’s Big Five lenders posted above 3.5% annual net profit growth this week, but warned that the foundations of the country[...]
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Ukraine central bank presses on with reform despite war
By Olena Harmash KYIV (Reuters) – Ukraine’s central bank is pressing on with reforms to fully digitalise the financial sector despite Russia’s invasion, and is about to make a[...]
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OPEC+ unlikely to tweak oil policy in Monday talks – delegates
By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW (Reuters) – OPEC+ is likely to stick to its existing deal to cut oil output at a meeting on Monday, five delegates from the produ[...]
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Wall Street bonuses dropped 26% in 2022 after record 2021
By Tatiana Bautzer NEW YORK (Reuters) – Wall Street bonuses fell 26% to an average $176,700 in 2022 from a record in 2021, according to a report from New York State Comptroller Thomas DiNapoli p[...]
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U.S. labor force gap mostly due to pre-pandemic trends, study finds
By Howard Schneider WASHINGTON (Reuters) – Almost all of the remaining shortfall in U.S. labor force participation is the result of demographic and other trends that predate the COVID-19 pandemi[...]
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Shorting global banks fetches $14.3 billion in paper profit in March – S3 Partners
(Reuters) – Short sellers made $14.3 billion in paper profit from their bearish bets on global banking stocks in March, according to analytics firm S3 Partners, as the collapse of U.S. lender Si[...]
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Raiffeisen slams ‘morally arrogant’ critics as eyes Russia spin-off
By Alexandra Schwarz-Goerlich and John O’Donnell VIENNA (Reuters) -Raiffeisen Bank International (RBI) took aim on Thursday at “morally arrogant” critics of its dealings in Russia, t[...]
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