SAO PAULO (Reuters) – Brazilian airline Azul SA said on Monday that its fourth-quarter adjusted net loss deepened on a yearly basis, but it expects bluer skies ahead thanks to a fresh deal with[...]
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March 6, 2023
Stocks and bonds yields fall as investors balance China, central banks
By Yoruk Bahceli and Wayne Cole (Reuters) -World share prices and bond yields edged lower on Monday as investors digested a lower-than-expected growth target from China and the focus turned to testimo[...]
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Bath & Body Works adds third director, Third Point backs off proxy fight
By Svea Herbst-Bayliss NEW YORK (Reuters) – Bath & Body Works Inc on Monday named veteran financial executive and board member Thomas Kuhn as a new director, ending a potential board challen[...]
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ECB’s Holzmann calls for four more 50 bps rate hikes- Handelsblatt
BERLIN (Reuters) – The European Central Bank should raise interest rates by 50 basis points at each of its next four meetings as inflation is proving to be stubborn, Austrian central bank chief[...]
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Dollar teeters ahead of Powell testimony and pivotal monthly jobs data
By Amanda Cooper LONDON (Reuters) -The dollar steadied on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell ahead of the February jobs report at the end of the week that w[...]
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Lordstown Motors loss widens on steep costs, delivery delay
(Reuters) -Lordstown Motors Corp on Monday posted a bigger loss for the fourth quarter, as the electric-vehicle (EV) maker struggled with production costs and missed its delivery target for the Endura[...]
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Weak euro zone data point to cracks in recovery as inflation lingers
By Balazs Koranyi FRANKFURT (Reuters) -The euro zone’s economic recovery is tentative and fragile, several indicators suggested on Monday, adding to signs that even if a recession may have been[...]
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TSX set to open lower as commodity prices weigh
(Reuters) – Futures for Canada’s main stock index edged lower on Monday, setting the TSX up to snap a three-session winning streak, as commodity prices weakened after top-consumer China se[...]
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ECB’s Lane backs more rate hikes even as inflation eases
DUBLIN (Reuters) – The European Central Bank is likely to increase its interest rates further in the coming months to fight high inflation in the euro zone even if there are some signs that pric[...]
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