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Slovak PM Fico is 'improving' after assassination attempt, says hospital May 20, 2024 06:52AM

(Reuters) - Slovak Prime Minister Robert Fico's condition is stable and he is improving, doctors treating him said on Monday, as he recovers from being hit by four bullets in an assassination attempt last week.

Wednesday's attack, the first major assassination attempt on a European political leader for more than 20 years, underscored the deep political divisions in Slovak society.

"After today's medical board meeting, the patient's... (continue reading...)


JPMorgan raises 2024 interest income forecast to $91 billion May 20, 2024 06:49AM

NEW YORK (Reuters) -JPMorgan Chase on Monday raised its forecast for net interest income (NII), or the difference between what it makes on loans and pays out on deposits, to $91 billion, excluding markets.

JPMorgan's forecasts for NII have disappointed analysts who expected the bank to reap greater benefits from persistently higher interest rates.

The lender boosted its NII outlook in April to $89 billion, from an earlier $88 billion,... (continue reading...)


Kirin's electric spoon leaps from Ig Noble infamy to the dinner table May 20, 2024 06:38AM

By Tom Bateman

TOKYO (Reuters) - Japanese drinks giant Kirin Holdings will start selling an electrified spoon that researchers claim can promote healthier eating by enhancing salty tastes without extra sodium.

Monday's product launch marks the first commercialisation of technology that last year won an Ig Nobel Prize, which honours unusual and whimsical research.

Kirin will sell just 200 of its Electric Salt Spoons online... (continue reading...)


Factbox-JPMorgan leaders shaping its strategy as succession comes into focus May 20, 2024 06:33AM

(Reuters) - At JPMorgan Chase's investor day on Monday, shareholders will focus on the bank's growth strategy and succession plans.

CEO Jamie Dimon and President Daniel Pinto are among the key executives expected to be present.

Dimon has run the largest U.S. lender for more than 18 years, and his next steps have been the subject of speculation for years.

Contenders for the top job include Jennifer Piepszak and Troy... (continue reading...)


Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500 May 20, 2024 06:31AM

(Reuters) - Deutsche Bank has raised its 2024 year-end S&P 500 target to 5,500, the highest among major brokerages, banking on strong corporate earnings to support equity valuations.

The brokerage previously expected the index to finish 2024 at 5,100 points. The new target, at the top end of its range of 5,100-5,500, is around 4% higher than the index's last close of 5,303.27.

Oppenheimer Asset Management had also predicted the index... (continue reading...)


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