FRANKFURT (Reuters) – Euro zone inflation has not peaked and the risk is that it will turn out even higher…
ECB’s Lagarde keeps options open on path for rates
FRANKFURT (Reuters) – European Central Bank President Christine Lagarde kept her options open as to the size and number of…
China’s Pinduoduo beats quarterly revenue estimates
By Yuvraj Malik and Casey Hall (Reuters) – Chinese e-commerce platform Pinduoduo Inc beat Wall Street estimates for third-quarter revenue…
Alpha Finance raises price targets on Greek banks
ATHENS (Reuters) – Alpha Finance, a subsidiary of Alpha Bank, on Monday raised its price targets on shares of Eurobank,…
Spanish banks mull legal challenge to bank tax proposal
By Jesús Aguado MADRID (Reuters) -Spanish banks Bankinter and Caixabank are considering challenging the government’s new banking tax proposal in…
WTO says trade growth likely to slow as demand weakens
GENEVA (Reuters) – The World Trade Organization said on Monday that its goods barometer had fallen below trend, indicating that…
Credit default ratio in Brazil hits highest in almost 4 years
BRASILIA (Reuters) – A broad measure of Brazilian consumer and business credit default ratios rose in October to its highest…
Rolls-Royce successfully tests hydrogen-powered jet engine
LONDON (Reuters) – Britain’s Rolls-Royce said it has successfully run an aircraft engine on hydrogen, a world aviation first that…
German finance minister expects higher debt burden but no tax rises
BERLIN (Reuters) – Germany’s Finance Minister Christian Lindner said on Monday he expects the country’s debt to GDP ratio to…
Canadian banks count on loan growth as stormy markets dent profits
By Niket Nishant and Divya Rajagopal (Reuters) -Top Canadian banks are expected to post a decline in fourth-quarter profits as…