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28 Apr

Wall St set for higher open as Meta earnings offset GDP gloom

(Reuters) -Wall Street was set to open higher on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks, offsetting concerns as data showed U.S. economic growth unexpectedly contracted in the first quarter.

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28 Apr

Energy prices bump German inflation to four-decade high

BERLIN (Reuters) -German inflation hit its highest level in more than four decades in April, pushed higher by natural gas and mineral oil products that have significantly increased in price since Russia's attack on Ukraine.

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28 Apr

Domino's expects sales pressure to persist after miss in first quarter

(Reuters) -Domino's Pizza Inc missed quarterly U.S. same-store sales estimates on Thursday and said staffing shortages and unprecedented inflation will haunt it further into the year, sending the fast-food chain's shares down 5%.

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28 Apr

Indonesia industry body confident palm oil export ban could end in May

JAKARTA (Reuters) -Indonesia should be able to tackle its cooking oil shortage in the next few weeks and lift an export ban on palm oil and its refined products in May, an industry body said on Thursday, a day after a last-minute policy U-turn sparked more alarm for markets.

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28 Apr

Several European traders have started to pay for Russian gas in roubles - sources

Some European traders have started to pay Russia for gas sales in roubles, while large clients have yet to do so, two sources familiar with the matter told Reuters on Thursday.

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28 Apr

German inflation rises slightly more than expected in April

German annual inflation rose slightly more than expected in April due to rising energy prices and delivery bottlenecks caused by supply chain interruptions, preliminary data showed on Thursday.

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28 Apr

Domino's Pizza misses U.S. same-store sales estimates

Domino's Pizza Inc missed Wall Street estimates for quarterly U.S. same-store sales on Thursday, as the fast-food chain struggled to bring in revenue due to a broader reopening of dine-in restaurants and labor shortages.

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