FRANKFURT (Reuters) – The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding, it said on Monday while outlining its 2023 priorities as the…
MOSCOW (Reuters) – Annual inflation in Russia slowed further in November, but consumer prices rose again in month-on-month terms, data showed on Friday, just one week before the central bank…
Biden Admin Seriously Considers Mirroring Trump’s Policies As Border Surge Looms: REPORT Jennie Taer on November 30, 2022 The Biden administration is seriously considering whether to mirror Trump-era policies to…
Biden Asks Congress To Force Rail Unions Into Administration-Brokered Deal As Strike Threat Looms John Hugh DeMastri on November 28, 2022 President Joe Biden called on Congress Monday to pass…
MEXICO CITY (Reuters) – Troubled Mexican non-bank lender Credito Real is in talks with foreign bondholders, prompting creditors to delay their request for an involuntary U.S. bankruptcy hearing, according to…
‘Herschel First’: Kudlow Calls For Trump To Put His ‘Political Plans On Hold’ As Georgia Runoff Looms Harold Hutchison on November 11, 2022 Fox Business host Larry Kudlow urged former…
VILNIUS (Reuters) – The likelihood of a euro zone recession is rising but the European Central Bank needs to keep raising interest rates as inflation remains high and projections may…
By Muyu Xu SINGAPORE (Reuters) – China’s strict COVID-19 policy is constraining coal supplies and pushing up prices, industry officials and traders say, just weeks before the country’s north switches…
(Reuters) – Twitter Inc’s stock inched closer to Elon Musk’s $54.20 per share buyout offer for the micro-blogging site on Wednesday, in a sign that investors are finally expecting the…
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix Inc warned on Wednesday of an “unprecedented deterioration” in memory chip demand, deepening fears of global recession, and…
By Valentina Za and Giuseppe Fonte MILAN (Reuters) – Monte dei Paschi di Siena’s management and Italian Treasury officials are ready to revive talks with potential buyers once the world’s…
By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to fall short of a September forecast for the coming year following sharp losses in recent weeks and as…
By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – When outgoing Prime Minister Mario Draghi took office 19 months ago Italian inflation was running at 1%. By the time his…
(Reuters) – American Express Co said on Monday it is looking to hire around 1,500 people for technology roles, shrugging off fears of an economic slowdown that has prompted other…
By David Randall NEW YORK (Reuters) – Sizzling inflation that helped send 2-year U.S. Treasury yields to fresh 14-year highs continued to burn some of the winners of the so-called…
By Lisa Baertlein LOS ANGELES (Reuters) – Two unions negotiating contracts for almost 60,000 workers at major U.S. freight railways on Sunday said those employers are halting shipments of some…
By Xiaoyu Yin and Thomas Peter NANCHANG, China (Reuters) – As China’s record heatwave starts to subside, farmers are assessing the damage caused by a prolonged drought and the government…
A look at the day ahead in European and global markets from Alun John Europeans will be hoping Wednesday’s economic data will provide some respite after a string of negative…
By Johan Ahlander and Simon Johnson OREBRO – In the span of eight days in May, three young men were shot dead in a small neighborhood of the town of…
By Ahmad Ghaddar and Rowena Edwards LONDON – Europe is heading into winter with seasonally low levels of diesel in storage tanks, with major implications for the continent’s industries and…
By Shreya Jain and Allison Lampert TORONTO – The pace of job creation is slowing in Canada, hammered by the sharp rise in interest rates, but that is yet to…
By Joyce Lee SEOUL – Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global…
By Sonali Paul MELBOURNE – Australia’s competition watchdog on Monday warned the country’s east coast faces a gas supply shortfall in 2023, prompting the government to consider whether to impose…
‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms Max Keating on July 20, 2022 The European Central Bank (ECB) will announce its first interest rate hike in…
MOSCOW – Consumer prices in Russia declined 0.17% in the week to July 15 after sliding 0.03% a week earlier, data showed on Wednesday, keeping the door open for the…