By Davide Barbuscia NEW YORK (Reuters) – U.S. bond sales by investment-grade issuers will likely decline by around 10% this year as borrowers contend with higher rates and market volatility, a BofA executive said on Tuesday.
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – European Central Bank President Christine Lagarde has given national central bank chiefs a bigger say in policy meetings, asking her own board to speak less and set aside more time for debate, sources familiar with the process
By Tim Hepher PARIS (Reuters) – Global aircraft leasing faces a new shake-up this week after SMBC Aviation Capitals deal to buy smaller rival Goshawk Aviation for $6.7 billion.
PRAGUE (Reuters) – Czech investment group PPF has agreed to sell its Russian banking assets to a group of investors, it said on Tuesday, joining the wave of European firms cutting their exposure to Russia following its invasion of Ukraine.
(Reuters) – How much higher the Federal Reserve will need to raise U.S. interest rates will depend in large part on how quickly supply chains can recover, Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday.
By Luc Cohen NEW YORK (Reuters) – A billionaire fundraiser for former U.S. President Donald Trumps campaign sought investment from two United Arab Emirates sovereign wealth funds at the same time he was illegally lobbying for the country, prosecutors said on Tuesday.
The U.S. could be heading for “stagflation,” and “a slowing economy” over the next year or two.
MILAN (Reuters) – Italian energy group Eni will open accounts this week to pay for Russian gas after clarification such a move will not breach sanctions, two sources said on Monday.
BRASILIA (Reuters) – Brazils Economy Minister Paulo Guedes said on Monday the government will reduce payroll taxes, without giving details or deadlines for a move he has defended since taking office in 2019.
MILAN (Reuters) – London-based fund Parvus Asset Management has increased its holding in UniCredit to 5%, becoming the second-biggest investor in the Italian bank, data showed on Monday.
(Reuters) – The Russian central bank on Monday said Russian residents and non-residents from friendly states will be able to channel foreign currency abroad equivalent to up to $50,000 a month, from the previous limit of $10,000.
By Ricardo Brito and Maria Carolina Marcello
WASHINGTON (Reuters) -U.S. health regulators will announce action on baby formula imports as soon as Monday to address a nationwide shortage that has left parents scrambling to feed their babies, the Food and Drug Administrations chief said.
By Jarrett Renshaw and Stephanie Kelly (Reuters) – The White House is expected to announce in coming weeks the amount of biofuels like corn-based ethanol that U.S. refiners must blend into their fuel this year, a decision that will force it to weigh taming consumer inflation
LONDON (Reuters) – British consumers are reacting to the cost of living crisis by trading down in both stores and products, switching from supermarkets to discounters and from branded to lower priced and private label products, a report from consultants McKinsey said on Monday.
LISBON (Reuters) – Portugals largest listed bank, Millennium bcp, posted on Monday a 95% rise in first-quarter net profit, driven by robust income at home, despite losses at its Polish subsidiary due to heavy provisions for foreign currency loans.
WARSAW (Reuters) – Polands Monetary Policy Council (MPC) should keep raising interest rates, central banker Ludwik Kotecki said on Monday, as he predicted inflation could rise by a further two or three percentage points.
PARIS (Reuters) – European quick commerce group Flink is buying French rival quick commerce firm Cajoo and French retailer Carrefour, an early investor and exclusive retail partner of Cajoo, will become a direct Flink shareholder and partner, the companies said in a joint statement.
(Reuters) – Thales won a ten-year contract to deliver advanced tactical radios to the U.S. Army as one of two vendors in a deal with an overall volume of $6 billion, the French defence group said on Monday.
WARSAW (Reuters) – U.S. Treasury Secretary Janet Yellen said she will release a new report this week on steps that international financial institutions are taking to address growing food insecurity brought on by Russias invasion of Ukraine.