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BERLIN – Austria’s economic recovery is losing steam, the WIFO institute said on Thursday, even as its outlook for 2022 improved. Austrian gross domestic product is expected to grow by …

(Reuters) -The European Central Bank plans to ask euro zone lenders to factor a possible recession into their business plans and will use this new calculation for approving dividend payout …

SEOUL – South Korea’s Hyundai Motor Co and its two affiliates plan to jointly set up a company in the United States to explore businesses, Hyundai Motor said on Thursday. …

AMSTERDAM – Dutch airline KLM has paid back the last part of loans granted by the Dutch government during the COVID-19 pandemic, it said on Thursday. The Dutch arm of …

LONDON – British house prices rose at a slower pace in June than in May as higher inflation squeezed household budgets, but the average price of a home still hit …

By Francesco Zecchini and Francesca Landini MILAN – Italy’s De Nora family will be relieved that the electrode manufacturer managed to make it on to the Milan Stock Exchange on …

TOKYO – More than 20% of Toshiba Corp shareholders voted against a dissident external director and two board directors from activist hedge fund investors, final voting results showed on Thursday. …

By Supantha Mukherjee STOCKHOLM – Gartner forecast global mobile phone sales to fall 7.1% this year on Thursday, revising its earlier estimate of a growth of 2.2%, citing inflation, Russia’s …

(Reuters) – China’s slowing economy and an inflation-driven drop in consumer spending are expected to drag down global shipments of computers and smartphones this year, according to research firm Gartner. …

PARIS -French inflation climbed further from the previous month to a record high of 6.5%, according to official preliminary figures on Thursday, adding headwinds to the euro zone’s second-biggest economy. …

STOCKHOLM – Swedish defence materials group Saab said on Thursday it had won an order from the Swedish Defence Material Administration for its GlobalEye Airborne Early Warning and Control aircraft. …

BERLIN – German retail sales increased slightly in May, even as high inflation continued to weigh on consumers, data showed on Thursday. Retail sales rose by 0.6% in real terms …

By Byron Kaye SYDNEY – Two of Australia’s biggest home lenders jacked up fixed-rate home loans in line with increases to their own borrowing costs, spokespeople told Reuters, adding to …

By Foo Yun Chee BRUSSELS -Google has been targeted by a French consumer group and its peers in complaints to privacy watchdogs over its vast trove of users’ personal data …

A look at the day ahead in markets from Julien Ponthus. Investors on recession watch learnt little they didn’t already know from the world’s top central bankers gathered at the …

By Savyata Mishra (Reuters) – Bearish bets on the Philippine peso grew as the central bank adopted a more modest approach than its peers to tamp down inflation, while short …

By Farah Master and Scott Murdoch HONG KONG – Business executives in Hong Kong have a wish list for its new leader: scrap COVID-19 quarantine rules, and promote the rule …

LONDON – International Airlines Group said on Thursday it had converted options for 14 A320neo family Airbus jets, announced in 2013, into firm orders for 11 A320neos and three A321neos. …

By Chris Taylor NEW YORK – When Doug Milnes started buying cryptocurrencies in January of this year, he felt like it could become an entirely new asset class for investors. …

By James Davey LONDON – Facing the toughest economic conditions in decades, Britain’s supermarkets are cutting product ranges, searching for cost savings and patrolling each other’s stores to check prices …

By Henriette Chacar JERUSALEM -Unilever on Wednesday sold its Ben & Jerry’s ice cream business in Israel to its local licensee for an undisclosed sum, aiming to smooth over a …

By Sudip Kar-Gupta BRUSSELS -Jacobi Asset Management said on Thursday that it would launch Europe’s first bitcoin exchange-traded-fund (ETF) on the Euronext exchange, in a sign of the cryptocurrency’s appeal …

By Marc Jones LONDON – Investors knew that, after two years of COVID-19 chaos, 2022 would be a bumpy ride, but nobody expected this – the most turbulent first half …

(Reuters) – Russia’s economy shrank by 4.3% in May year on year after falling by a revised 2.8% in April, the economy ministry said on Thursday. In January through May, …

SHANGHAI – Customers of China’s BYD Co Ltd, the world’s biggest electric vehicle (EVs) maker by sales, have taken the unusual step of urging regulators to expand a battery replacement …