Category Archives:
Banks in the euro zone will have to raise provisions to cope with economic slowdown
MADRID (Reuters) - Banks in the euro zone will have to raise provisions to cope with the consequences of the economic slowdown due to the fallout from Russia's war in Ukraine, ECB Vice-president Luis ...
Sep 26, 2022
Spanish industrial prices jump 42% lifted by energy costs
MADRID (Reuters) - Spanish industrial prices accelerated by 41.8% in the 12 months through August ending four months of easing increases, the National Statistics Institute (INE) said on Monday. Indust...
Sep 26, 2022
Explainer-NavIC, India’s home-grown alternative to the GPS navigation system
By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) - The Indian government is pushing smartphone makers to enable support for its NavIC navigation system in new devices sold in the country from ...
Sep 26, 2022
Exclusive-India’s push for home-grown navigation system jolts smartphone giants
By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) - India is pushing tech giants to make smartphones compatible with its home-grown navigation system within months, worrying the likes of Samsun...
Sep 26, 2022
Euro zone inflation becoming increasingly broad, ECB’s de Guindos says
MADRID (Reuters) -Euro zone inflation is becoming increasingly broad while growth is weakening as the bloc struggles with the fallout from Russia's war in Ukraine, European Central Bank Vice President...
Sep 26, 2022
Indonesia central bank remains in FX market to prevent excessive rupiah fall – official
JAKARTA (Reuters) - Indonesia's central bank is always in the foreign market with its "triple intervention" measures to prevent any excessive fall in the rupiah currency, a senior official said on Mon...
Sep 26, 2022
Commodity stocks drag Europe’s STOXX 600 lower; Italian shares rise
(Reuters) - Europe's STOXX 600 index slipped for the third straight session on Monday on worries about an economic downturn, although Italian shares outperformed after the right-wing coalition led by ...
Sep 26, 2022
Britain’s pound skids to record lows in firesale of UK assets
LONDON (Reuters) -Britain's pound plunged to record lows on Monday and bonds were slammed for a second day, as investors punished UK assets after the government's mini-budget announcement last week. O...
Sep 26, 2022
Pakistani rupee opens slightly firmer, markets await new finance minister
By Syed Raza Hassan KARACHI, Pakistan (Reuters) -The Pakistani rupee opened slightly stronger on Monday as market participants awaited the announcement of a new finance minister, at a time when the co...
Sep 26, 2022
China’s yuan hits 28-month low despite fresh policy step, nears daily down-limit
SHANGHAI (Reuters) - China's yuan touched a 28-month low against the dollar on Monday, only steps away from its downside trading limit, despite the central bank taking steps to rein in the currency's ...
Sep 26, 2022
Peoria, IL, USA
82 °F Sunny
