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ECB must be prudent with rates hikes as recession risk is rising: Panetta
FRANKFURT (Reuters) - The European Central Bank may need to raise interest rates further but must be prudent with policy moves as the risk of a recession is on the rise, ECB board member Fabio Panetta...
Syndicated Content Aug 23, 2022
Spain to spend 1.9 billion euros on housing renovation
MADRID (Reuters) - The Spanish government approved a 1.9 billion euro ($1.89 billion) plan to subsidise housing renovation to make homes more energy-efficient, Housing Minister Raquel Sanchez said on ...
Syndicated Content Aug 23, 2022
Ryanair nudges up passenger target on increased UK capacity
DUBLIN (Reuters) - Ryanair said on Tuesday it expects to grow traffic to 166.5 million passengers in the year to the end of March, up from a previous target of 165 million after adding to its UK winte...
Syndicated Content Aug 23, 2022
Futures edge up ahead of business activity data
(Reuters) - U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previous session on concerns about aggressive signals from the Federal Reserve on interest rat...
Syndicated Content Aug 23, 2022
Germany plans new financial crime authority in bid to tackle money laundering
BERLIN (Reuters) - Germany wants to create a new financial crime authority that would bundle several fragmented competencies, including sanctions enforcement, said a finance ministry paper on Tuesday....
Syndicated Content Aug 23, 2022
Macy’s cuts full-year forecasts as inflation hits department store spending
(Reuters) -Macy's Inc cut its full-year sales and profit forecasts on Tuesday as decades-high inflation saps consumer spending power for apparel and other discretionary products, especially among lowe...
Syndicated Content Aug 23, 2022
China’s JD.com beats quarterly revenue estimates
(Reuters) -JD.com Inc beat Wall Street estimates for quarterly revenue on Tuesday as lockdowns in China to control the spread of the coronavirus boosted online shopping and the company's "618" shoppin...
Syndicated Content Aug 23, 2022
Aussie grocers to benefit from higher prices, rising costs a worry
By Riya Sharma and Savyata Mishra (Reuters) - Earnings of Australia's two biggest supermarket chains may get a boost from sustained demand for groceries and other essentials, but their comments on cos...
Syndicated Content Aug 23, 2022
Factory slump causes UK economy to stagnate in August -PMI
By David Milliken LONDON (Reuters) - Growth in Britain's private sector slowed to a crawl in August as factory output fell and the larger services sector eked out only a modest expansion, adding to si...
Syndicated Content Aug 23, 2022
UK factory output falls for first time since Feb 2021 – CBI
LONDON (Reuters) - British industrial output fell over the past three months for the first time since February 2021, adding to signs of an manufacturing slowdown, a survey from the Confederation of Br...
Syndicated Content Aug 23, 2022

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