Category Archives:
ECB needs big Oct rate hike; should hit neutral rate this year, Rehn says
By Balazs Koranyi and Anne Kauranen HELSINKI (Reuters) - The European Central Bank must continue to raise interest rates quickly to tame inflation and could reach a level that no longer stimulates the...
Sep 28, 2022
Norway to hike taxes by $3 billion on power firms, fish farms
OSLO (Reuters) - Norway's centre-left government said on Wednesday it plans to increase taxes on electricity producers and fish farmers to raise an extra 33 billion crowns ($3 billion) a year. "Energy...
Sep 28, 2022
Swedish business, consumer sentiment slides further in September
STOCKHOLM (Reuters) - Sentiment among households and businesses in Sweden darkened further in September from an already low level, data from the NIER think tank showed on Wednesday. Consumer confidenc...
Sep 28, 2022
Spanish government to offer civil servants 3.5% pay rise, El Pais says
MADRID (Reuters) - The Spanish government will offer civil servants a 3.5% pay rise in 2023 to partly offset the effects of soaring inflation, El Pais newspaper reported on Wednesday, citing unidentif...
Sep 28, 2022
Lego posts strong growth on robust demand, new store openings
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - Lego on Wednesday posted double-digit sales growth in the first half of the year, driven by new store openings and robust demand for its colourful pla...
Sep 28, 2022
Vietnam tech firm FPT produces country’s first semiconductor chips
HANOI (Reuters) - FPT Semiconductor, a unit of Vietnam's leading tech company FPT, launched its first line of semiconductor chips used in medical devices on Wednesday, part of the company's efforts to...
Sep 28, 2022
Japan’s securities watchdog recommends punishment for SMBC Nikko
TOKYO (Reuters) - Japan's securities watchdog on Wednesday recommended punishment of SMBC Nikko Securities, the brokerage unit of Sumitomo Mitsui Financial Group Inc (SMFG), over alleged market manipu...
Sep 28, 2022
Thai central bank hikes rate again, maintains 2022 growth outlook
BANGKOK (Reuters) - Thailand's central bank raised its key interest rate modestly for a second straight meeting on Wednesday to tame 14-year high inflation and ensure a continued economic recovery, wh...
Sep 28, 2022
Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets
By Lucy Raitano and Andres Gonzalez LONDON (Reuters) - Porsche's landmark listing is defying market turmoil giving a welcome boost to a battered pipeline of share sales but the deal is unlikely to ope...
Sep 28, 2022
Column-Next solar expansion drive needs to hit higher potential markets: Maguire
By Gavin Maguire LITTLETON, Colo. (Reuters) - Solar power has outpaced wind power over the last five years in terms of global capacity additions, notching up a more than 200% increase in worldwide gen...
Sep 28, 2022
Peoria, IL, USA
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