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Germany’s Ifo institute cuts 2021 GDP growth forecast to 2.5%
BERLIN (Reuters) - Germany's Ifo economic institute said on Wednesday it cut its growth forecast for Europe's largest economy for this year as supply chain disruptions and scarcity of intermediate goo...
Syndicated Content Sep 22, 2021
UK carbon dioxide shortage spilling over into rest of Europe, Nippon Gases says – FT
LONDON (Reuters) - The carbon dioxide shortage that has struck Britain is spilling over into the rest of Europe, Nippon Gases, one of the world's largest distributors of the gas has warned, the Financ...
Syndicated Content Sep 22, 2021
Canaries volcano lava gushes towards sea, eruption goes on
LA PALMA, Spain (Reuters) - Lava poured from an erupting volcano on the Spanish island of La Palma for a fourth day on Wednesday, blanketing houses and fields, a day after people with homes on the pat...
Syndicated Content Sep 22, 2021
Bundesbank says Germany’s banking system strong despite pandemic
BERLIN (Reuters) - Germany's banking system is still robust despite a year and half of the COVID-19 pandemic but the crisis is not over yet, Bundesbank board director Joachim Wuermeling said on Wednes...
Syndicated Content Sep 22, 2021
ECB to mull upping regular bond purchases after emergency scheme: Bloomberg
FRANKFURT (Reuters) - The European Central Bank will discuss whether to raise its regular bond purchases when its pandemic-fighting scheme ends, ECB policymaker Madis Muller said in an interview publi...
Syndicated Content Sep 22, 2021
London Stock Exchange calls time on CurveGlobal derivatives arm
LONDON (Reuters) - The London Stock Exchange Group said it will shut its five-year old derivatives trading arm CurveGlobal after failing to win sufficient market share in interest rate futures from lo...
Syndicated Content Sep 22, 2021
French fiscal watchdog sees smaller deficit than expected by government
PARIS (Reuters) - France's public sector budget deficit is likely to come in smaller than expected this year and any extra tax income should go towards reducing the public debt, the budget oversight p...
Syndicated Content Sep 22, 2021
European shares rise on Evergrande relief, gains in travel & leisure
(Reuters) - European stocks rose on Wednesday, recovering from its early-week losses after debt-laden China Evergrande said it would make some interest payments, while travel and leisure stocks jumped...
Syndicated Content Sep 22, 2021
Entain hits record high on $22 billion DraftKings offer
(Reuters) -Entain's shares jumped 10% to a record high on Wednesday after the gambling firm announced a $22.4 billion takeover proposal from U.S.-based DraftKings, which was double a bid it rejected f...
Syndicated Content Sep 22, 2021
Traton hit by supply chain shortages, expects issues into next year
BERLIN (Reuters) - German truck maker Traton said on Wednesday that sales in September were particularly hard hit by a global shortage of chips and other car parts, and that the company expected the s...
Syndicated Content Sep 22, 2021
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