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Bank of France’s Villeroy: ECB engaged in bringing down inflation to 2% in two to three years from now
PARIS (Reuters) - The European Central Bank (ECB) is engaged in bring down inflation to 2 percent in "two to three years" from now, ECB member and Bank of France head Francois Villeroy de Galhau told ...
Oct 10, 2022
French central bank trims third-quarter growth outlook
PARIS (Reuters) - France's economy likely grew by 0.25% in the third quarter compared with the previous three months, the country's central bank said in its monthly economic outlook on Monday, slightl...
Oct 10, 2022
Gazprombank to discontinue Swiss operations
ZURICH (Reuters) -Russia's Gazprombank has decided to cease operating in Switzerland after "a strategic review of various options", it said on Monday. The bank had been one of the last remaining chann...
Oct 10, 2022
S.Africa’s Kumba Iron Ore says Transnet strike will hit exports
(Reuters) - South Africa's Kumba Iron Ore's production and exports will be hampered by a strike at state-owned logistics company Transnet, the miner said on Monday. Transnet, which operates South Afri...
Oct 10, 2022
Bank of England launches temporary expanded collateral repo facility
LONDON (Reuters) - The Bank of England said on Monday it would launch a temporary expanded collateral repo facility to help banks ease liquidity pressures facing their client funds caught up in the re...
Oct 10, 2022
Top diamond producer De Beers names Equinor’s Cook as new CEO
LONDON (Reuters) -Anglo American's De Beers has appointed oil and energy industry executive Al Cook as its new chief to replace Bruce Cleaver, who steps down after eight years at the helm of the world...
Oct 10, 2022
German companies look at offshore production as energy prices rocket
By Riham Alkousaa, John O'Donnell and Patricia Weiss BERLIN (Reuters) - Germany's 200 billion euro ($197 billion) energy aid package will provide limited relief for businesses and is unlikely to dissu...
Oct 10, 2022
OMV: Q3 retail and commercial margins increased q/q
BERLIN (Reuters) - Austrian oil and gas group OMV said on Monday its retail and commercial margins increased in the third quarter from the second. OMV also said a mechanical incident at its Schwechat ...
Oct 10, 2022
India’s Adani Group in talks to buy Jaiprakash Associates’ cement unit- report
BENGALURU (Reuters) - India's Adani Group is said to be in talks to buy Jaiprakash Associates' cement business for $606 million, Bloomberg News reported on Monday, citing sources. (Reporting by Nallur...
Oct 10, 2022
Inflation could mean more rate hikes than expected, Dutch central bank says
AMSTERDAM (Reuters) - High inflation in the Netherlands might be more persistent than expected and could lead to more rate increases than markets and economic models now predict, the Dutch central ban...
Oct 10, 2022
Peoria, IL, USA
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