(Reuters) – Activist investor Irenic Capital Management, which holds 2% of News Corp’s Class B shares, has suggested a spin-off…
ECB’s Centeno sees possibility of rate hike smaller than 75 bps
LISBON (Reuters) -The next increase in interest rates by the European Central Bank could be smaller than the record 75…
Credit outlook darkens for non-financial companies, Moody’s says
By Juliette Portala (Reuters) – The outlook for credit conditions next year for non-financial companies in Europe, Middle East and…
Europe’s STOXX 600 subdued; defensive stock gains offset commodities gloom
(Reuters) -Europe’s STOXX 600 index was little changed on Monday as gains in defensive food and beverage and healthcare companies…
Russia eases capital movement controls
MOSCOW (Reuters) – Russia’s central bank will in some cases allow authorised banks and state development bank VEB to export…
Nigerian subsidies constrain development, says World Bank
LAGOS (Reuters) – Nigeria’s subsidies on petrol, electricity and foreign exchange are mostly benefiting wealthy households, the World Bank said…
IMF, Guinea-Bissau agree on $36.3 million, three-year loan program
WASHINGTON (Reuters) -The International Monetary Fund said it reached a staff-level agreement with Guinea-Bissau for a three-year, $36.3 million extended…
ECB’s Villeroy: inflation in France and Europe will peak in first half of 2023
PARIS (Reuters) – Inflation should reach its peak in France and in Europe by the first half of next year,…
Morgan Stanley international head Petitgas to step down, stay as adviser
By Manya Saini and Saeed Azhar (Reuters) – Veteran Morgan Stanley executive Franck Petitgas will step down from his role…
Bank of Israel says to raise rates more than expected amid high inflation
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) – The Bank of Israel on Monday raised its benchmark interest rate…