Factbox - Companies count the cost of ditching Russia
Multinationals that announced their exit from Russia, or suspension of activities there, after Moscow's invasion of Ukraine on Feb. 24 have started to report associated losses.
Multinationals that announced their exit from Russia, or suspension of activities there, after Moscow's invasion of Ukraine on Feb. 24 have started to report associated losses.
Yields on euro investment-grade corporate bonds have climbed to their highest in over eight years, a widely-followed index showed on Friday.
Exxon Mobil Corp doubled its first-quarter per-share profit, it said on Friday, but the results fell short of Wall Street estimates, even excluding a $3.4 billion writedown from its withdrawal from Russia.
Euro zone inflation inched up to a new record high as expected this month, making uncomfortable reading for European Central Bank policymakers already worried that rapid price growth could become entrenched, creating a hard-to-break wage-price spiral.
(Reuters) -AbbVie Inc missed Wall Street estimates for first-quarter sales on Friday, hurt by European competition for its blockbuster rheumatoid arthritis drug Humira and lower-than-expected revenue from its newer drug Rinvoq.
PARIS (Reuters) -French inflation jumped to a record high in April, driven by surging energy prices, preliminary data showed on Friday, putting pressure on newly re-elected president Emmanuel Macron to enact anti-inflation measures promised during his campaign.
COLOMBO (Reuters) -All Sri Lanka's creditors will be treated equally in a planned restructuring of the country's debt, its central bank governor said on Friday, adding that he expected progress in talks with the International Monetary Fund (IMF) in the next two months.