By Joice Alves LONDON (Reuters) – Big European companies have delivered significantly stronger than expected first-quarter results, defying a challenging economic backdrop that includes surging[...]
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May 19, 2023
Brazil’s finance minister signals potential change to inflation target timeline
BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad on Thursday suggested that the country’s new government is looking at adjusting the timeline for achieving its inflatio[...]
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Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Japan’s core consumer inflation stayed well above the central bank’s 2% target in April and a key index stripping away the effects of fue[...]
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Marketmind: Rehash on rates ahead as ECB, BOE and Fed speak
A look at the day ahead in European and global markets from Vidya Ranganathan Several key central bankers, including Fed Chair Jerome Powell, appear at a variety of events today, ensuring investors ha[...]
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Hyundai, Kia agree to $200 million settlement over US car thefts
By David Shepardson WASHINGTON (Reuters) – Hyundai Motor and Kia Corp agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers[...]
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Australia’s AMP fined $16 million for charging fees to deceased clients
(Reuters) -Troubled Australian wealth manager AMP Ltd will pay a court-mandated penalty of A$24 million ($16.3 million) for billing dead clients for insurance and financial advice, effectively drawing[...]
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Lazard CEO Jacobs set to step down, Orszag to take helm -source
By Anirban Sen NEW YORK (Reuters) -Lazard Ltd CEO Ken Jacobs is expected to step down from his role and hand the reins to Peter Orszag, who currently runs the investment bank’s financial advisor[...]
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US Supreme Court leaves protections for internet companies unscathed
By Andrew Chung (Reuters) -The U.S. Supreme Court handed internet and social media companies a pair of victories on Thursday, leaving legal protections for them unscathed and refusing to clear a path[...]
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US weighs suit against Korean Air’s planned acquisition of Asiana -Politico
WASHINGTON/SEOUL (Reuters) -The U.S. Justice Department is considering suing to block Korean Air’s planned acquisition of Asiana Airlines, Politico reported on Thursday. The U.S. Department of J[...]
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