Allianz posts better-than-expected 22% increase in Q1 net profit
Germany's Allianz posted a better-than-expected 22% rise in first-quarter net profit, helped by strength in its property and casualty insurance business, the company said on
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Germany's Allianz posted a better-than-expected 22% rise in first-quarter net profit, helped by strength in its property and casualty insurance business, the company said on
Europe's main share index notched a record high on Wednesday, as investors cheered robust earnings from the likes of UK's Experian and Germany's
A look at the day ahead in European and global markets from Ankur Banerjee European bourses are poised to keep the rally going ahead of the always important U.S.
Inflation is still too high, and the U.S. central bank has more work to do to bring it down, Kansas City Federal Reserve Bank President Jeffrey Schmid said on Tuesday, a signal that he
China's central bank left a key policy rate unchanged when rolling over maturing medium-term lending facility (MLF) loans on Wednesday, in line with market expectations.
The French economy is set to expand slightly in the second quarter after growing 0.2% in the first quarter, the country's central bank said on Tuesday in its monthly business survey.
Footwear brand Converse will cut jobs as part of parent company Nike's on-going $2 billion cost savings plan, a source familiar with the matter said on Tuesday.
Republican presidential candidate Donald Trump said on Tuesday the Biden administration's new tariffs on Chinese electric vehicles, semiconductors and medical products should be
The boss of Tesco, Britain's largest supermarket group, saw his pay package more than double to almost 10 million pounds ($12.6 million) in its 2023/24 financial year, a period when
U.S. small-business confidence increased in April and the share of owners planning to raise prices was the smallest in a year, but persistent labor shortages continued to exert
OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would start projecting demand for OPEC+ crude, reflecting that the
A look at the day ahead in U.S. and global markets from Mike Dolan Macro markets have basically frozen ahead of this week's big U.S. inflation releases, with sideshow entertainment provided by a fresh
India's wholesale price-based inflation rose 1.26% in April, the highest pace in a year, mainly driven by food and primary articles, government data showed on Tuesday.
Expectations over interest rate cuts rather than earnings optimism has made investors the "most bullish" since November 2021, Bank of America's monthly fund manager survey for May
The Japanese government will closely work with the Bank of Japan on currency market matters to ensure there is no friction between their mutual policy objectives, finance minister
Australia's government will boast a second consecutive budget surplus on Tuesday, courtesy of strong employment and high commodity prices, giving it cash to afford more cost of
Illinois state treasurer Michael Frerichs urged Exxon Mobil shareholders to vote against the election of CEO Darren Woods, as the oil major pursues a lawsuit against two shareholders, a
The United States could see a significant response from China following any U.S. tariff actions, U.S.
Corporate price gouging has not been a primary driver of U.S. inflation, according to research published on Monday by economists at the Federal Reserve Bank of San Francisco.
Two U.S. financial regulators jointly proposed new rules on Monday that would fight money laundering by requiring fund advisers to document customer identities, part of a wider effort to
Brazilian airline Azul's losses narrowed in the first quarter to 324.2 million reais ($62.86 million), it reported on Monday, as demand for air travel in the country picked up.
Staff of the International Monetary Fund (IMF) and Argentine authorities have reached an agreement on the eighth review of the country's $44 billion extended fund facility arrangement, as
Anglo American rejected a raised takeover offer of 34 billion pounds ($42.67 billion) from BHP Group on Monday, saying the world's largest listed miner "continues to
China's finance ministry plans to start raising 1 trillion yuan ($138 billion) in long-awaited, long-term special treasury bonds this week to raise funds it will use to