Category Archives:
Euro zone banks not facing up to reality of downturn, ECB says
FRANKFURT (Reuters) - Euro zone banks have not yet fully faced up to the reality of an economic downturn, so finance industry supervisors will need to force them to be more conservative in managing ca...
Dec 01, 2022
Euro zone factory downturn eased in November, inflationary pressures moderated
LONDON (Reuters) - The downturn in manufacturing activity across the euro zone eased in November, according to a survey which suggests while the bloc's factories still face a harsh winter it may not b...
Dec 01, 2022
Credit Suisse’s fund outflows may spark M&A talk – JPMorgan
ZURICH (Reuters) - Continued client outflows at Credit Suisse could spark speculation of a takeover of the embattled Swiss bank and may lead to the partial sale of its domestic unit, analysts at JPMor...
Dec 01, 2022
European shares jump on Powell’s speech, China relief
(Reuters) - European shares scaled over three-month highs on Thursday, cheered by U.S. Federal Reserve Chair Jerome Powell signalling smaller interest rate hikes ahead, and China softening its tone on...
Dec 01, 2022
Investors with $30 trln to push companies on human rights, social issues
By Simon Jessop LONDON (Reuters) - More than 220 investors managing $30 trillion have signed up to a plan to push companies over social issues and human rights, with an initial focus on firms in the m...
Dec 01, 2022
Germans spending less as soaring power, food costs gnaw finances
By Mathis Richtmann BERLIN (Reuters) - For 25 years, Theo Jost served the German Christmas dish of goose in his restaurant near the Black Forest. The birds were fresh, reared by farmers in northern Ge...
Dec 01, 2022
German retail sales fall in October as inflation takes hold
BERLIN (Reuters) - German retail sales fell more-than-expected in October, data showed on Thursday, as inflation had consumers holding back on non-essential purchases at the start of the fourth quarte...
Dec 01, 2022
Asian FX bulls loom on signs of slowing Fed rate hikes, China reopening: Reuters poll
By Savyata Mishra (Reuters) - Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects of China's reopening, a Reuters poll found, while bearish po...
Dec 01, 2022
Swiss inflation steady at 3.0% in November as expected
ZURICH (Reuters) - Swiss consumer price inflation held steady at 3.0% in November but still overshot the Swiss National Bank's 0-2% target range for the 10th month in a row, data showed on Thursday. E...
Dec 01, 2022
Tesla to recall 435,000 China-made Model 3, Model Y cars in China -regulator
SHANGHAI (Reuters) - Tesla will recall a total of 435,132 units of China-made Model 3 and Model Y cars in China due to software faults, the country's market regulator said on Thursday. The U.S. automa...
Dec 01, 2022
Peoria, IL, USA
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