Browsing: cuts
The creation of 175,000 jobs in April by US employers has been termed a “Goldilocks” report by leading economists: Creating…
The European Central Bank (ECB) Governing Council member and Governor of the Bank of Greece, Yannis Stournaras, said on Friday that the…
By Nathan Gomes(Reuters) -Auto parts supplier Aptiv (NYSE:) on Thursday cut its annual sales forecast and said it would reduce…
By Alex LawlerLONDON (Reuters) – OPEC+ oil producers are making voluntary output cuts totalling about 2.2 million barrels per day…
ZURICH (Reuters) – Swiss annual inflation in April accelerated faster than expected, data from the Federal Statistics Office showed on…
By Alex Lawler and Olesya AstakhovaLONDON/MOSCOW (Reuters) – OPEC and its allies have yet to begin formal talks on extending…
EUR/USD trades sideways above 1.0700 as firm ECB rate cut prospects for June offset the Fed’s less-hawkish guidance. The ECB…
Moderna on Thursday posted a narrower-than-expected loss for the first quarter as the company’s cost-cutting efforts took hold and sales…
Federal Reserve Chair Jerome Powell will not say when the nation’s central bank will cut interest rates, but he did…
By Leroy Leo and Christy Santhosh(Reuters) -CVS Health Corp slashed its annual profit forecast on Wednesday and flagged challenges for…