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Column-Has COVID finally killed inflation targeting? :Mike Dolan
By Mike Dolan LONDON (Reuters) - The seismic supply shocks and wild price distortions of the pandemic could finally call time on 30 years of strict inflation targeting by the world's big central banks...
Syndicated Content Feb 09, 2022
German car market to grow 7% in 2022, still below pre-pandemic – VDA
BERLIN (Reuters) - Germany's car market will grow 7% in 2022 to 2.8 million new vehicles, national auto association VDA predicted on Wednesday, an improvement on last year's historic lows but still be...
Syndicated Content Feb 09, 2022
Iceland raises key interest rate by 75 bps to 2.75%
COPENHAGEN (Reuters) - Iceland's central bank raised its key rate to 2.75% from 2.0% on Wednesday, as inflation pressure fuelled by rising house prices persists. Headline inflation rose to 5.7% in Jan...
Syndicated Content Feb 09, 2022
Italy industry output falls back in December after November jump
By Gavin Jones ROME, Feb 9 (Reuters) - Italian industrial output was weaker than expected in December, falling 1.0% from the month before after a large, upwardly revised rise of 2.1% in November, data...
Syndicated Content Feb 09, 2022
Handelsbanken profit narrowly beats forecast
(Corrects throughout to include results of Handelsbanken's Danish and Finnish business, which were omitted in group results, to make comparable with analysts' estimates.) STOCKHOLM (Reuters) - Swedish...
Syndicated Content Feb 09, 2022
Nordic insurer Sampo’s Q4 profit beats forecasts
HELSINKI (Reuters) - Finnish financial group Sampo on Wednesday reported a bigger-than-expected rise in fourth-quarter pretax profit boosted by the strong performance of its core insurance operations....
Syndicated Content Feb 09, 2022
Pictet Group’s assets rise 15% to record high in 2021
ZURICH (Reuters) - Assets under management or custody at Pictet Group rose by 15% to a record 698 billion Swiss francs ($755.49 billion) last year amid strong markets and net new money inflows of more...
Syndicated Content Feb 09, 2022
Evergrande aims to deliver 600,000 apartments in 2022
SHANGHAI (Reuters) - A senior executive at China Evergrande Group told a internal company meeting on Sunday the developer aims to deliver 600,000 apartments in 2022, according to media reports and a s...
Syndicated Content Feb 09, 2022
Sugar group Tereos posts higher earnings, debt stable
PARIS (Reuters) -French sugar and ethanol group Tereos on Wednesday reported a jump in third-quarter core earnings as high prices helped offset a poor harvest in Brazil. Tereos, the world's second lar...
Syndicated Content Feb 09, 2022
Dutch bank ABN Amro announces 500 million euro share buyback as net profit jumps
AMSTERDAM (Reuters) - Dutch bank ABN Amro said on Wednesday it will buy 500 million euros ($571 million) of its own shares, as it reported higher-than-expected net profit of 552 million euros for the ...
Syndicated Content Feb 09, 2022
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