Coffee Break World at a glimpse 4th May 2023
- Those are my principles, and if you don't like them... well, I have others.
- Marriage is a wonderful institution, but who wants to live in an institution?
- When you can't make them see the light, make them feel the heat.
- Leadership is the art of getting someone else to do something you want done because he wants to do it.
European Markets Scroll down (data go to www.truedata.in)
- US Federal Reserve continues on its path of achieving maximum employment and an inflation rate of 2%. Accordingly, the central bank led by chair Jerome Powell has raised the target range for the federal funds rate to 5 to 5-1/4 percent.
- Fed up with shrinking savings, Europeans drain billions from banks
- Australia's exports to China hit record highs as barriers ease
- BMW expected to outline electrification plans in United States
- BMW cars business gets earnings boost from price hikes
- Adidas terminates its partnership with American rapper and designer Kanye West
- As sales decline, Adidas faces pressure to find Yeezy fix
- Capgemini posts weaker revenue growth in first quarter
- Volkswagen premieres new ID.7 electric sedan, ahead of the Shanghai Auto Show
- Volkswagen sees growing competition ahead as revenue jumps on Europe, US
- Waiting for ECB, nervous about Fed pivot and banking sector
- Oil prices recover after three-day plunge; demand worries linger
- Dollar slides after Fed signals pause; banking woes dent confidence
- PacWest confirms strategic options talks after US bank shares plunge
- China's skidding factory sector taps brakes on economic recovery
- US Senate repeals solar panel tariff suspension, Biden expected to veto
- Global gas markets rebalancing, to remain tight in 2023 - IEA
- ISS recommends Tesla investors vote against re-election of board chair
- Fed's hiking pause may not signal all-clear for US stocks
- The end of a market-punishing rate hiking cycle may be in sight, but uncertainty over stock valuations and the economic outlook is keeping investors on alert for more turbulence ahead.
- Ukraine's Zelenskiy visits war crimes court in The Hague seeking justice
- Ukrainian President Volodymyr Zelenskiy on Thursday visited the International Criminal Court (ICC) in The Hague, which in March issued an arrest warrant for Russian President Vladimir Putin for suspected deportation of children from Ukraine.
- Ukraine says Russian drones downed over Kyiv, Odesa university campus hit
- Residents flee Ukraine's Kherson after Russian strikes and warnings
- Morning Bid: Next up ECB - Will it be a hawkish 25 or dovish 50?
- 12 F-16V fighter jets perform an elephant walk during an annual New Year's drill in Chiayi
- Taiwan says F-16 deliveries delayed, working to minimise damage
- WHO experts weigh up whether world ready to end COVID emergency
- Heavy fighting in Khartoum as power struggle rages
- Fierce fighting could be heard in central Khartoum as the army tried to push back the paramilitary Rapid Support Forces from areas around the presidential palace and army headquarters, with a lasting ceasefire appearing elusive.
- China's holiday tourism rebound to pre-COVID levels boosts outlook
- Shell, Equinor profits beat forecasts as trading offsets lower energy prices
- Energy giants Shell and Equinor reported higher-than-expected first-quarter profits on Thursday, using the heft of their trading desks to offset lower oil and gas prices.
- AB InBev profit jumps as consumers absorb higher beer prices
- Moscow court hears appeal by WSJ reporter Evan Gershkovich
- Families of US detainees urge Biden to do more to deter hostage-taking
- Police arrest suspect in fatal mass shooting at Atlanta medical center
- Donald Trump visits Aberdeen, Scotland
- Trump calls rape claim 'ridiculous' in video testimony at civil trial
- Legislators meet before an imminent debate over a law limiting abortion in North
- North Carolina House passes 12-week abortion ban
- Demonstrators call for a nationwide strike during a march, in Lima
- Violent response to Peru protesters may be 'massacre,' says rights group
- Search operation at former Brazilian President Jair Bolsonaro's home, in Brasilia
- Canada's spy agency withheld information about China's threats to lawmaker, Trudeau says
- WFP says it suspended food distribution in Ethiopia's Tigray region over diversion concerns
- Residents walk over a water bridge after their homes were swamped following rains that triggered flooding and landslides in Rubavu district
- Heavy rain, floods kill at least 136 in Rwanda and Uganda
- Egyptian President Abdel Fattah al-Sisi meets Sudan's Sovereign Council Chief General Abdel Fattah Al-Burhan, in Cairo
- Kenyan cult leader appears in court after more than 100 followers die, in Malindi
- People take part in location elections, in Royston
- UK PM Sunak looks to limit losses in first major electoral test
- People gather to mourn victims of a school mass shooting, in Belgrade
- Girl wounded in Serbia school shooting is critical, doctor says
- Pope Francis holds weekly general audience at the Vatican
- Pope meets Moscow Church official after puzzling peace 'mission' comment
- France's constitutional council decides on idea to hold citizens' vote on pension reform, in Paris
- France's Constitutional Council rejects bid for pension referendum
- French antitrust body tells Meta to change conditions for access to ad verification
- UK's Trainline rises after upbeat FY revenue forecast on travel recovery
- Shell posts $10 billion profit as trading offset lower energy prices
- Hong Kong raises interest rates after Fed hike, banks follow
- Exclusive: India, Russia suspend negotiations to settle trade in rupees -sources
- A general view of Pacific Western Bank in Huntington Beach
- PacWest confirms strategic options talks after US bank shares plunge
- Airbus says engine maker Pratt facing problems with jet support
- Novo Nordisk cuts some US supply of obesity drug Wegovy to cope with demand
- Airbus piles pressure on engine maker Pratt as profits fall
- IMF sees uncertainty over Japan's monetary policy, spillover globally
- RBA to hike rates further this year, say economists - poll
- South Africans call for UK to return diamonds set in crown jewels
- Book profits in Indian equities as U.S. recession imminent - BofA Securities
- India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep rupees in its coffers, two Indian government officials and a source with direct knowledge of the matter said.
- BofA Securities said on Thursday that investors in Indian equities should book their profits as it expects the benchmark Nifty 50 index to dip slightly at the year-end due to a U.S. recession and weaker-than-expected domestic corporate earnings.
- India's exports likely to touch $900 bln in 2023/24 -exporters
- Metals, steady earnings lift Indian shares
- People wait to claim refunds after their flights were cancelled, from the Go First airline ticketing counter at the Chhatrapati Shivaji International Airport in Mumbai
- Indian army steps in to quell violence in northeastern state of Manipur
- Soldiers of the Indian Army held flag marches and evacuated thousands of civilians amid a dawn-to-dusk curfew to quell violence between tribal and non-tribal groups in the remote northeastern state of Manipur, officials said on Thursday.
- Indian army helicopter crashes in Indian Kashmir, no fatalities-source
- An Indian army helicopter crashed in a remote region of Indian Kashmir on Thursday
- Dhanteras festival in Mumbai
- Indian gold prices hit record high, dampen demand - dealers
- India's Go First touts owner, govt backing after bankruptcy filing
- Indian Oil to recoup most dues from Go First through bank guarantees
- India's Adani Ports sells Myanmar port at heavy discount of $30 mln
- India to form committee to examine problems same-sex couples face
- Members of media speak in front of cameras after a panel of the Supreme Court said it was divided on a decision to allow hijabs in classrooms
- India Supreme Court clears tribunal to act against IL&FS auditors
- India's Tata Group-owned Titan posts 50% jump in Q4 profit
- India govt expects T-bill yields to ease after 10-year falls below 7% - source
- India state govt's FY24 borrowings seen lower due to off-balance sheet debt - sources
- Rupee rises, but early price action seen disappointing for bulls
- Indian rupee poised to open higher after Fed hints at a pause
- India's Tata Chemicals posts 62% rise in Q4 profit on strong demand
- ABB India's Q1 pre-tax profit surges 66% on strong order wins
- ABB India on Wednesday reported a 66% surge in first-quarter pre-tax profit, as order wins at the technology firm surged on strong demand for its mainstay electrification and automation businesses.
- Index Last % Change
- FTSE 100 7,748.39 -0.51%
- DAX 15,758.17 -0.36%
- CAC 40 7,369.96 -0.46%
- IBEX 35 9,023.90 -0.58%
- Future Last % Change
- Brent Crude Oil 73.34 +1.40%
- Gold 2,040.40 +0.58%
- Copper 740.35 +0.68%
- CBOT Soybeans 1,448.00 --
- Exchange Last % Change
- EUR/USD 1.1044 -0.13%
- GBP/USD 1.2565 +0.01%
- JPY/USD 0.0074 +0.01%
- CNY/USD 0.1446 -0.05%
- Name Yield Change
- US 10Y 3.356 -0.047
- DE 10Y 2.262 +0.012
- UK 10Y 3.705 +0.011
- JP 10Y 0.42 -0.001