Dollar edges higher; solid bank results lift Fed hike expectations
The U.S. dollar edged higher in early European trade Monday, bouncing off last week’s one-year low after strong earnings from…
Big UK firms shrug off banking turmoil and turn more hopeful – Deloitte
Finance executives at top British firms have reported the sharpest rise in optimism since late 2020 and the recent upheaval…
US import prices fall more than expected in March
U.S. import prices fell more than expected in March, leading to the biggest year-on-year decline since mid-2020, further evidence that…
Crude oil edges higher after IEA forecast record demand this year
Oil prices edged higher Friday, on course to record a fourth consecutive weekly gain, after the International Energy Agency forecast…
Pakistan gets closer to IMF deal after UAE pledges $1 billion
The United Arab Emirates has confirmed financial support of $1 billion to Pakistan, the South Asian nation’s finance minister said…
Birkin bag maker Hermes sees no U.S. slowdown as sales jump 23%
Sales at Birkin bag maker Hermes rose 23% in the first quarter, above market expectations, as wealthy shoppers in China…
Sweden, Colombia interested in Embraer’s KC-390, says Brazilian minister
Brazilian Defense Minister Jose Mucio said late Thursday that countries such as Sweden and Colombia had expressed interest in buying…
Ferrari has record orders “well into” 2024, chairman says
Ferrari (NYSE:RACE) has a record order book for its models spanning into next year, Chairman John Elkann told the sports…
Tesla to skip Shanghai Autoshow, organiser’s plan shows
Tesla (NASDAQ:TSLA) will not occupy a booth at China’s largest annual autoshow to be held next week in Shanghai, according…
Asian stocks rise as markets look to end of rate hikes
Most Asian stock markets rose on Friday as softening inflation spurred growing expectations that global central banks will hold off…