Commerzbank gets Q1 tailwind for aid repayment
FRANKFURT (Reuters) - Commerzbank <CBKG.DE> bolstered its capacity to repay government financial aid with operating profit in the first quarter that was one-fourth above expected. Full story
FRANKFURT (Reuters) - Commerzbank <CBKG.DE> bolstered its capacity to repay government financial aid with operating profit in the first quarter that was one-fourth above expected. Full story
United States Steel Corp. believes business will improve in the second quarter, as the recovering global economy sparks more demand for steel. Full story
Nokia Corp. reported better than expected first-quarter profits Thursday but its global market share dropped to below 30 percent for the first time in over a decade as the world's top cellphone maker continued to lose ground to rivals. Full story
Chinese Vice Premier Wang Qishan told a group of visiting U.S. senators Wednesday that both countries must work together to increase trust and avoid politicizing economic issues, adding that ensuring the global recovery should be a priority. Full story
Surging inflation pressures and the natural disasters that ravaged Japan last month look unlikely to stall an ascendant global economy, a Reuters poll of around 350 economists showed on Thursday. Full story
South Korea's central bank froze its key interest rate Tuesday despite rising inflation as it monitors potential threats to the global economy — including Japan's massive earthquake. Full story
CNBC’s Ron Insana explains the impact of the Japan crisis on the U.S. and global economy.