By Julie Zhu and Engen Tham HONG KONG/SHANGHAI (Reuters) -China’s central bank will offer cheap loans to financial firms for…
BOJ’s Kuroda gets meagre pay bump even as he stresses need for higher wages
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda will receive a meagre 0.4% pay rise in 2022 after two…
High mortgage rates push UK first-time buyers towards rental market – Rightmove
By Suban Abdulla LONDON (Reuters) – Demand for rental homes in Britain rose in October as prospective first-time buyers put…
Atlantia exit highlights Milan’s battle to retain market heavyweights
By Elisa Anzolin MILAN (Reuters) – The buyout of Atlantia will cut another 19 billion euros ($19.5 billion) from the…
German GDP growth raises hopes of less severe recession
BERLIN (Reuters) – The German economy grew slightly more in the third quarter than suggested by preliminary figures on the…
UK factory gate inflation higher than thought after ONS finds error
LONDON (Reuters) – Britain’s Office for National Statistics on Friday revised up its producer price inflation figures because of an…
Analysis-Out of fashion: Gucci faces daunting task to replace top designer
By Mimosa Spencer PARIS (Reuters) – The abrupt departure from Gucci of Alessandro Michele, the flamboyant designer who was a…
ECB’s Lane plays down wage, core inflation fears
FRANKFURT (Reuters) -Euro zone wage growth could keep pushing up inflation for years but this does not signal a permanent…
Russian rouble edges up in narrow trading range vs dollar
MOSCOW (Reuters) – The Russian rouble strengthened on Friday, trading in a narrow range between 60 and 61 to the…
German consumer sentiment stabilizes with help of energy measures -GfK
BERLIN (Reuters) – German consumer sentiment is set to barely change in December as government energy measures help stabilize morale…