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Optable Announces New Data Clean Room Capabilities
European executives’ confidence plunges on Ukraine crisis – survey
Date: May 24, 2022
(Reuters) – The Russia-Ukraine crisis and soaring energy prices have nearly halved the confidence of European business leaders in the first half of the year and many corporations have passed on the costs to consumers, an industry survey showed on Tuesday. The executives’ confidence plunged to 37 on a scale of 0 to 100 from...
Sterling slides after soft PMI data
Date: May 24, 2022
By Samuel Indyk LONDON (Reuters) -Britain’s pound fell to its lowest level in over a week against the euro after data showed a sharp slowdown in business activity, adding to concerns that the UK could slip into recession later this year. S&P Global’s flash Composite Purchasing Managers’ Index (PMI), a monthly gauge of the services...
German inflation expected to reach 7% in 2022 -DIHK
Date: May 24, 2022
Berlin (Reuters) – Germany’s 2022 inflation rate will more than double from last year’s 3.1% as already high energy and food prices are pushed up by the war in Ukraine, the country’s Chambers of Industry and Commerce (DIHK) said on Tuesday. DIHK said it now expects the inflation rate to hit 7%, after initially forecasting...
Stocks slump as Snap cracks rally, Lagarde lifts euro
Date: May 24, 2022
By Lawrence White LONDON (Reuters) – Shares slid worldwide on Tuesday as fears about weak earnings and slowing growth punctured the recent mini-rally, while hawkish remarks from European Central Bank Chief Christine Lagarde reminded edgy markets that rate hikes loom. Nasdaq futures lost 2.06%, with traders blaming an earnings warning from Snap which saw shares...
Ukraine and Russia: What you need to know right now
Date: May 24, 2022
(Reuters) – Russian forces were launching an all-out assault to encircle Ukrainian troops in twin cities straddling a river in eastern Ukraine on Tuesday, a battle which could determine the success or failure of Moscow’s main campaign in the east. DIPLOMACY * Kyiv must win the war it is fighting against Moscow, making the invasion...
Australian PM says goals aligned with Quad, wants group to lead on climate
Date: May 24, 2022
TOKYO (Reuters) -New Australian Prime Minister Anthony Albanese said on Tuesday his goals were aligned with the priorities of the Quad group of countries, telling the leaders of the United States, India and Japan he wanted them all to lead on climate change. Albanese, the leader of Australia’s Labor Party who was sworn in as...