Greece’s National Bank reports higher quarterly profit on strong interest income
National Bank NBGr.AT, Greece’s second-largest lender by market value, reported higher earnings for the first-quarter on Wednesday on the back…
Bank of England readies its rates steer as investors cool on cuts
The Bank of England must decide next week whether to update its message about when it might cut interest rates…
Fed’s Powell says looming US election will not sway rate decisions
The looming U.S. presidential election will not influence the Federal Reserve’s interest rate decisions, Fed Chair Jerome Powell said on…
Russian April manufacturing grows at slowest rate in three months, PMI shows
Activity in Russia’s manufacturing sector grew at the slowest rate in three months in April, a business survey showed on…
German manufacturing downturn eases in April, PMI survey shows
The downturn in Germany’s manufacturing sector eased in April, although a longstanding decline in new orders picked up pace, a…
Euro zone factory activity takes turn for the worse in April, PMI survey shows
The downturn in manufacturing activity across the euro zone deepened in April due to crumbling demand despite factories cutting prices,…
Softer US activity numbers will do little to temper the Fed’s hawkishness
Manufacturing and construction activity remain subdued Ahead of today’s Federal Reserve FOMC meeting we have had some fairly subdued US…
Powell’s soothing tone may not be enough for inflation-spooked markets
Federal Reserve Chairman Jerome Powell’s reassuring message following the central bank’s monetary policy meeting may not calm frazzled U.S. stock…
With Nord Stream Shut, Gazprom Posts its Biggest Lost in Two Decades
State natural gas company Gazprom was once a major source of income for the Russian government, earning tens of billions…
Holland America’s Cruise Ship Rotterdam Begins Sustained Biofuel Pilot Test
Holland America Line’s flagship cruise ship, Rotterdam (99,935 gross tons) started a long-term test using 100 percent low carbon intensity…