Category Archives:
ECB’s Stournaras sees inflation peak this year
ALPBACH, Austria (Reuters) - Euro zone inflation could peak this year then decline in 2023 before moving towards the ECB's 2% target the following year, Greek Central Bank chief Yannis Stournaras said...
Aug 30, 2022
ECB must act decisively; recession fears should not constrain policy -Nagel
(Reuters) - The European Central Bank must act decisively to contain inflation, Bundesbank chief Joachim Nagel said on Tuesday, joining a chorus of policymakers calling for another big interest rate h...
Aug 30, 2022
Exclusive-Geely, oil group could take stakes in Renault engine company – sources
By Gilles Guillaume PARIS (Reuters) - China's Geely Automobile Holdings and an oil group are in talks about taking stakes in the fossil-fuel engine unit Renault plans to separate from its electric veh...
Aug 30, 2022
Trump adds Chris Kise to Mar-a-Lago legal team – source
(Fixes typographical error in 7th paragraph to make it "violet") WASHINGTON (Reuters) -Former President Donald Trump has added former Florida Solicitor General Chris Kise to his legal team in the case...
Aug 30, 2022
Analysis-Aggressive Fed spurs worries over stock valuations
By Lewis Krauskopf NEW YORK (Reuters) - U.S. stocks are looking expensive again to some investors, as the Federal Reserve's hawkish message lifts bond yields and pushes market participants to reassess...
Aug 30, 2022
Group of EU countries agree on boost to offshore wind power capacity
COPENHAGEN (Reuters) - Eight European Union countries bordering the Baltic Sea have agreed to increase offshore wind power generation capacity sevenfold by 2030 to decrease dependency on Russian energ...
Aug 30, 2022
Fed’s Williams: no rate cuts expected next year
(Reuters) - New York Federal Reserve Bank President John Williams on Tuesday said he believes the central bank will raise its policy rate high enough to restrict growth and bring down inflation, and w...
Aug 30, 2022
Fed’s Williams: rates need to rise ‘somewhat above’ 3.5%
(Reuters) - New York Federal Reserve Bank President John Williams on Tuesday said the central bank will likely need to get its policy rate above 3.5% to put downward pressure on inflation and bring de...
Aug 30, 2022
Stellantis to halt Italy van plant until Saturday due to parts shortage
MILAN (Reuters) -Stellantis will halt its Sevel van making plant in central Italy from Wednesday to Saturday due to a shortage in supplies of parts, a spokesman for the company said on Tuesday. The It...
Aug 30, 2022
Ryanair ‘hopeful’ of hitting 1 billion euro profit this year – CEO
LONDON (Reuters) - Ryanair is hopeful of earning an after-tax profit of more than 1 billion euros this year, a return to pre-COVID profitability, but it is not certain, Group Chief Executive Michael O...
Aug 30, 2022
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