The European Central Bank on Friday rejected calls from Europe's banks to ease capital rules to boost lending and put them on an equal footing with U.S. rivals.
The surprise leadership shuffle on Thursday at Toyota Motor Corp (TM), renewed urgency at Renault and Nissan Motor Co (NSANF) to restructure their alliance and Elon Musk's declaration that Tesla Inc (TSLA) will be the world's No. 1 automaker by a wide margin have one thing in common: What once defined the global auto industry's center is no longer holding.
The surprise leadership shuffle on Thursday at Toyota Motor Corp (TM), renewed urgency at Renault and Nissan Motor Co (NSANF) to restructure their alliance and Elon Musk's declaration that Tesla Inc (TSLA) will be the world's No. 1 automaker by a wide margin have one thing in common: What once defined the global auto industry's center is no longer holding.
Mali's industrial gold production was 66.2 tonnes in 2022, around 4.4% higher than the previous year due to improved performance in the sector, a mines ministry official said on Thursday. Mali is one of Africa's top gold producers and home to industrial mines operated by companies including Barrick Gold (GOLD), B2Gold Corp (BTG), Resolute Mining (RMGGF), AngloGold Ashanti and Hummingbird Resources.
Canada's main stock index rose at the open on Thursday, as an upbeat mood on Wall Street spilled over, while higher crude prices helped energy stocks gain. At 9:30 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 67.36 points, or 0.33%, at 20,666.96.
Nearly two in three public sector debt borrowers questioned said reduced investor demand was one of their top worries, a survey by the think tank OMFIF showed on Thursday. The survey found it was the leading concern for borrowers and the biggest one for nearly 30% of those surveyed, the Official Monetary and Financial Institutions Forum said.
U.S. airlines expect strong travel demand that drove record fourth-quarter revenues to continue into 2023, but economic uncertainty and burgeoning labor and operations costs could cloud their rosy outlooks. On Thursday, American Airlines (AAL), JetBlue Airways Corp (JBLU) and Alaska Air Group (ALK) forecast better-than-expected full-year earnings.
-Mobileye Global Inc forecast fiscal 2023 revenue higher than analysts' projections and delivered better-than-expected earnings in the fourth quarter, as vehicle makers lapped up its driver-assistance technology. The company is benefiting from the automotive industry increasingly adopting sophisticated camera systems and sensors that assist in safe driving.
-U.S. airlines expect strong travel demand that drove record fourth-quarter revenues to continue into 2023, but economic uncertainty and burgeoning labor and operations costs could cloud their rosy outlooks. On Thursday, American Airlines (AAL), JetBlue Airways Corp and Alaska Air Group forecast better-than-expected full-year earnings.
Mobileye Global Inc (MBLY) forecast fiscal 2023 revenue higher than analysts' projections and delivered better-than-expected earnings in the fourth quarter, as vehicle makers lapped up its driver-assistance technology. The company is benefiting from the automotive industry increasingly adopting sophisticated camera systems and sensors that assist in safe driving.
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