By Promit Mukherjee and Joe Bavier JOHANNESBURG (Reuters) – Volkswagen’s South Africa unit aims to develop new markets for its…
ECB’s de Guindos says market might be underestimating inflation
FRANKFURT (Reuters) – Financial investors might be underestimating the “persistence of inflation”, the European Central Bank’s vice-president Luis de Guindos…
Bank of England’s Tenreyro sees rates on hold, then falling in 2024
LONDON (Reuters) -Bank of England monetary policymaker Silvana Tenreyro said on Friday that the central bank should not raise its…
Argentina to freeze prices of 1,500 consumer goods as inflation bites
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s government announced a deal on Friday with supermarkets and suppliers of mass…
Harris Associates backs Credit Suisse handling of governance
ZURICH (Reuters) – Credit Suisse shareholder Harris Associates backed the Swiss bank’s handling of any potential conflicts of interest for…
Ireland must change law to ratify EU-Canada trade deal, court rules
DUBLIN (Reuters) -Ireland’s Supreme Court ruled on Friday that parliament cannot ratify the European Union’s free trade deal with Canada…
Belarus inflation falls after Lukashenko bans price rises
(Reuters) -Inflation in Belarus fell during October after President Alexander Lukashenko banned retailers from hiking prices in a drastic bid…
JPMorgan to expand in Greece with new office, payments team
ATHENS (Reuters) – U.S. bank JPMorgan said on Friday it will open a new office in Athens to support the…
Investors gobble up bonds as worst of inflation may be over -BofA
By Lucy Raitano LONDON (Reuters) -Investors bought more bonds than at any time in the last four months in the…
Fiscal and social concerns equally important for Brazil’s economy, Itau CEO says
SAO PAULO (Reuters) – Fiscal and social concerns should be given equal weight in the running of Brazil’s economy, the…