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European Central Bank president Christine Lagarde has said the eurozone economy will fare 'a lot better' than previously feared

ECB to hike rates again, but outlook brightens

The European Central Bank is expected to push on with its inflation fight Thursday with a fresh rate hike, even as signs grow the eurozone might have passed the worst of an economic shock.
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People stand next to a Wizz Air aircraft at Ferenc Liszt International Airport in Budapest

Wizz Air sees strong summer, but more wary than rivals

Wizz Air is upbeat on summer demand for travel but more cautious than its competitors, forecasting a return to profit in its 2023-2024 financial year, helped by strong bookings, new capacity and the benefits of hedging fuel costs.
German share price index DAX graph is pictured at the stock exchange in Frankfurt

European shares gain on earnings optimism

European shares marched higher on Thursday as upbeat quarterly results from STMicroelectronics, Sabadell and Nokia eased some worries about the impact of stubborn inflation and slowing economic growth on corporate profit.
A man stands near an IBM logo at the Mobile World Congress in Barcelona

IBM cuts 3,900 jobs, misses annual cash target

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.
An Easyjet Airbus aircraft taxis close to the northern runway at Gatwick Airport in Crawley

EasyJet sees return to profit, strong bookings for 2023

EasyJet (EZJ.L) on Wednesday said it expected to beat current market expectations for 2023 based on the strength of bookings into summer and was set to deliver a return to full-year profit as the sector recovers from pandemic restrictions.