Test and space: Barcelona telecoms bash lifts ‘hybrid’ trade fair hopes
Its biggest act may have been beamed in on a screen, but a smaller, quieter ‘hybrid’ Mobile World Congress (MWC) has given others hope that in-person events can succeed in a pandemic.
Analysis: Latam central banks look past COVID as inflation phantoms loom
Latin America’s central banks have become more hawkish as the region’s inflationary ghosts rattle their chains, with a recent pivot by the U.S. Federal Reserve further boosting market expectations of tighter monetary policies.
U.S. quarterly auto sales jump on strong SUV demand, shift to EVs
U.S. automakers on Thursday reported a sharp rise in quarterly sales on strong demand for SUVs and pointed to the trend continuing into 2022, as more people shift to private conveyance and new electric vehicles (EVs) line up for launch.
Ghosts of taper tantrum to haunt EMFX, stir volatility memories: Reuters poll
Volatility risks in coming months are high on the radar of emerging market currency investors still familiar with past Fed tightening, a Reuters poll of strategists found, but commodity prices are offering support amid slow vaccination rates.
Analysis: U.S. companies spend billions on stay-at-home tech, boding ill for office properties
As the U.S. economy reopens, ramped-up corporate spending on video systems and plans to increase shared workspace suggests hybrid work is here to stay, potentially weighing on commercial property prices in New York, San Francisco and other major cities.
EXCLUSIVE Shell plans to exit California joint venture with Exxon Mobil -sources
Royal Dutch Shell Plc (RDSa.L) plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp (XOM.N), four people familiar with the talks told Reuters.
Euro zone recovery faces risks from virus mutations, ECB’s Lagarde says
The euro zone economy may well avoid the most pessimistic scenario envisaged at the start of the COVID-19 pandemic but it still faces risks from virus mutations, European Central Bank President Christine Lagarde said on Thursday.
Marketmind: Known unknowns and unknown unknowns
A look at the day ahead from Julien Ponthus.
‘Flying off the shelves’: Primark sales soar in reopened markets
Primark’s sales exceeded pre-pandemic levels and management expectations in its latest quarter as stores reopened after COVID-19 lockdowns and consumers splashed out to update their wardrobes.
Muted start to second half for Asia stocks as U.S. payrolls loom
Asian stock markets made a subdued start to the second half of 2021 on Thursday, weighed by worries about new coronavirus infections and fresh lockdowns, while bond and currency markets were on edge ahead of U.S. labour data.
