JOHANNESBURG (Reuters) – André de Ruyter, the outgoing CEO of crisis-hit South African state power utility Eskom, said on Thursday…
Italy minister takes swipe at ECB after policy moves hit markets
ROME (Reuters) – An Italian minister and co-founder of Prime Minister Giorgia Meloni’s party sarcastically took aim at the European…
Italy seeks to bring TIM’s Sparkle unit into state hands
By Giuseppe Fonte and Elvira Pollina ROME (Reuters) -Italy’s government wants to bring Telecom Italia’s (TIM) submarine cable unit Sparkle…
U.S. targets Russian financial services sector, businessman Potanin
By Daphne Psaledakis and Humeyra Pamuk WASHINGTON (Reuters) -The United States on Thursday targeted Russia’s financial services sector and Russian…
ECB to start offloading bond holdings in March
By Yoruk Bahceli (Reuters) -The European Central Bank said on Thursday it would start reducing its 5 trillion euros’ ($5.3…
BoE raises rates again as investors look towards end of hikes
By David Milliken and Farouq Suleiman LONDON (Reuters) – The Bank of England raised its key interest rate by a…
Central banks ramp up rates again but the pace slows
LONDON (Reuters) – Central banks in Britain, Norway, Switzerland, the euro zone and the United States have all raised interest…
Factbox-Who is Russian businessman Vladimir Potanin?
(Reuters) – Vladimir Potanin, who was placed on a U.S. sanctions list on Thursday, is one of Russia’s wealthiest businessmen.…
Denmark’s central bank raises key interest rate to 1.75%
COPENHAGEN (Reuters) -Denmark’s central bank raised its key interest rate by 50 basis points to 1.75% on Thursday, following a…
French economy forecast to contract before recovering next year
PARIS (Reuters) – The French economy is set to contract slightly this quarter due to refinery strikes and nuclear reactor…