(Reuters) – Canadian miner Barrick Gold Corp beat Wall Street expectations for first-quarter profit on Wednesday, as higher prices of the metal outweighed a decline in production. Average prices of gold rose 7.8% and peaked over the $2,000-mark during the reported quarter on its appeal as a safe-haven asset following a banking crisis and fears …
Barrick beats quarterly profit estimates on higher prices Read More »
(Reuters) – Cristiano Ronaldo became the world’s highest-paid athlete after his move to Saudi Arabian side Al-Nassr nearly doubled his annual playing salary while Paris St Germain duo Lionel Messi and Kylian Mbappe round off the top three, according to Forbes. Ronaldo, who joined the Saudi soccer club on a deal until 2025 after leaving …
Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move Read More »
By Giulio Piovaccari and Gilles Guillaume MILAN (Reuters) -Stellantis said on Wednesday improvements in chip supply and price rises boosted its revenues in the first quarter, but was cautious on the outlook for the rest of the year as its vehicle inventories were growing. CFO Richard Palmer, who will leave the world’s third-largest carmaker by …
Stellantis cautious on road ahead after first quarter revenue boost Read More »
A look at the day ahead in U.S. and global markets from Mike Dolan Markets finally worked out May might be a bit bumpy after all. Another echo of March’s bank stock stress on Tuesday along with the alarming prospect of the U.S. government running out of cash in less than a month was enough …
Por Simon Jessop y Tommy Wilkes LONDRES (Reuters) – Barclays ha dicho a sus clientes del sector de la carne de vacuno que deben evitar la deforestación en sus cadenas de suministro sudamericanas, en un documento normativo al que tuvo acceso Reuters que endurece la postura del banco pero no llega a satisfacer las demandas de …
Barclays endurece las normas de deforestación para sus clientes del sector vacuno Read More »
MOSCOW (Reuters) – Rail deliveries to Russia’s Black Sea port of Taman will be restricted until further notice, Russian Railways said on its website, after Russian officials said a fuel depot had caught fire near a crucial bridge linking mainland Russia to Crimea. The company did not provide the reason for the restrictions. Last week, …
Rail deliveries to Russia’s Taman port restricted after fuel depot fire Read More »
By Manya Saini (Reuters) – Jack Dorsey-led Block Inc’s first-quarter results will likely see investors zoom in on the payments firm’s Cash App business following U.S. short-seller Hindenburg Research’s allegations including inflated user count. Morgan Stanley analysts in April said that some bearish investors remain uncertain about the amount of gross profit that is generated …
Block investors may seek clarity on Cash App after Hindenburg report Read More »
By Nidal al-Mughrabi and Maayan Lubell GAZA/JERUSALEM (Reuters) – A truce along the Israel-Gaza border appeared to be holding on Wednesday morning following a brief bout of fighting triggered by the death of a jailed Palestinian hunger striker. After Palestinian militants fired rockets at Israel through the night and Israeli jets struck in Gaza, a …
Israeli-Palestinian Gaza truce holds after hunger striker’s death Read More »
By Mike Dolan LONDON (Reuters) -The surging euro may be the European Central Bank’s best friend for a change. Unlike much of the past 15 years, euro strength is on the ECB’s side as it meets on Thursday. And it is unlikely to restrain the central bank from tightening further. With so much focus on …
Pandemic-sized euro surge now a boon for ECB: Mike Dolan Read More »
Frankfurt (Reuters) – Der anstehende Zinsentscheid der US-Notenbank Fed am Mittwochabend stimmt die Anleger an den europäischen Börsen vorsichtig optimistisch. Der Dax notierte am Vormittag 0,6 Prozent höher bei 15.819 Punkten. Damit blieb die psychologisch wichtige Marke von 16.000 Stellen, die der deutsche Leitindex am Dienstag zum ersten Mal seit Januar 2022 kurz übersprungen hatte, …
Europas Anleger vor Fed-Entscheid vorsichtig optimistisch Read More »
