Business News

FRANKFURT (Reuters) – Bundesbank President Joachim Nagel opened the door on Tuesday to smaller interest rate increases by the European Central Bank but said there was still a long way …

BERLIN (Reuters) -Germany’s ruling coalition parties and opposition conservatives reached a compromise on a major welfare reform on Tuesday, according to a proposal seen by Reuters, paving the way for …

HELSINKI (Reuters) – The European Central Bank will continue to raise interest rates, and the pace of its hikes will be determined by the rate of inflation and the overall …

ATHENS (Reuters) – Linde, the world’s largest industrial gases company, said on Tuesday it has started producing green hydrogen at its facilities in Greece. Green hydrogen is made from water …

BERLIN (Reuters) – The German government needs to talk about fiscal measures for the 2024 budget to stimulate the economy, Finance Minister Christian Lindner said on Tuesday. “We will have …

TOKYO (Reuters) – Japan’s Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and said it was also considering investing in battery production. The …

WASHINGTON (Reuters) – Ticketmaster and owner Live Nation Entertainment, the events ticketing giant behind the recently botched sale of Taylor Swift concert tickets, should be broken up by the Department …

By Martin Coulter LONDON (Reuters) – Put off by Elon Musk’s muscular management style? Move to us! That’s the pitch being used by talent-starved technology firms trying to lure thousands …

NEW DELHI (Reuters) – India expects total bilateral trade with Australia of around $45 billion to $50 billion over the next 5 years, a trade ministry official said on Tuesday. …

VIENNA (Reuters) – European Central Bank policymaker Robert Holzmann said on Tuesday he has not decided how he will vote at the next rate-setting meeting in December but unless there …

RABAT (Reuters) – Morocco’s consumer price index rose by 8.1% year-on-year in October, driven mainly by a surge in foodstuff prices, the high commission for planning said on Tuesday. Food …

LONDON (Reuters) -Network equipment maker Ericsson will invest millions of pounds in 6G mobile research in Britain, it said on Tuesday, working with universities on hardware security, AI and cognitive …

BERLIN (Reuters) – Nearly one in five people in Germany have had to draw on their savings to cover everyday costs as rising inflation cuts into their purchasing power, a …

COPENHAGEN (Reuters) -Danish drug maker Novo Nordisk said on Tuesday it plans to invest 5.4 billion Danish crowns ($744 million) to expand its facilities in Bagsvaerd, Denmark. The world’s biggest …

VIENNA (Reuters) – Austria should keep its recently introduced compulsory standards for mortgage lending, the Austrian National Bank (ONB) said on Tuesday, despite a recent call by the conservative finance …

BERLIN (Reuters) – German industrial production is on track to rise slightly this year thanks to order backlogs but the outlook for 2023 is gloomy as high energy prices and …

DUBLIN (Reuters) – European Union justice chief Didier Reynders will meet executives from Twitter and Meta at their European headquarters in Dublin this week, the Irish Times quoted the commissioner …

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is expected to keep rates steady as inflation shows signs of easing and as authorities focus on discussions to secure …

By Sheila Dang (Reuters) – A coalition of civil rights activists on Monday were urging Twitter’s advertisers to issue statements about pulling their ads off the social media platform after …

MADRID (Reuters) – Spanish Economy Minister Nadia Calvino said on Tuesday she expects the 12-month inflation rate to remain at around 7% until the end of this year and will …

By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Chinese companies are at the forefront of global stock offerings this year, with their issuances being facilitated by easy monetary settings at …

By Leika Kihara TOKYO (Reuters) – Japan’s weighted median inflation rate, which is closely watched as an indicator on whether price rises are broadening, hit a record 1.1% in October …

By Chiara Elisei LONDON (Reuters) – European companies are again looking to sell bonds after months of turbulence in world markets as investors warm up to riskier debt, offering the …

By Jorgelina do Rosario LONDON (Reuters) – The European Bank for Reconstruction and Development urged governments in its region to rethink COVID-19 support measures for companies, warning that propping up …