Credit Agricole Pulls Forward €6 Billion Profit Goal After Beat
Credit Agricole SA posted net income that beat analyst estimates, with corporate and investment banking helping the French lender bring forward a key profit target.
Credit Agricole SA posted net income that beat analyst estimates, with corporate and investment banking helping the French lender bring forward a key profit target.
Labour won back a bellwether parliamentary seat from Prime Minister Rishi Sunak’s Conservatives in northwest England, as early local election results suggested that the UK’s main opposition party was gathering pace in its efforts to return to power.
A weaker jobs report would be a stagflation signal, raising the odds of a selloff in stock markets, according to Bank of America Corp. strategist Michael Hartnett.
Turkey’s inflation rate, already one of the world’s highest, accelerated for the sixth straight month, as government policies such as wage hikes counter aggressive interest-rate increases.
European stocks tracked a tech-driven rally in Asia as investors awaited a critical US jobs report due later on Friday. The yen surged to a three-week high.
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