OSLO (Reuters) -Finnish energy group Fortum said on Friday its Chief Financial Officer Bernhard Gunther will step down in the…
Italian economy to grow 0.4% in 2023, average inflation at 7.3% – central bank
MILAN (Reuters) – The Italian economy is expected to grow by 0.4% next year, a sharp slowdown compared with the…
ECB’s Knot says Fed is closer to end of rate hikes than ECB
AMSTERDAM (Reuters) – The European Central Bank (ECB) has a longer way to go in raising interest rates than the…
China says it will step up support for economy in 2023 amid COVID pains
By Kevin Yao BEIJING (Reuters) -China will focus on stabilising its $17-trillion economy in 2023 and step up policy adjustments…
Spain to test cut in work hours to boost companies’ productivity
MADRID (Reuters) – Spain has launched a pilot project to help small and medium sized industrial companies cut the working…
FTX debtors file bidding procedures motion for sale of four businesses
(Reuters) – FTX and its affiliated debtors said on Friday the company had filed a motion with the Bankruptcy Court…
Investment banks ramp up peak rates forecasts after hawkish ECB
By Alun John LONDON (Reuters) – A flurry of investment banks raised their forecasts for where euro zone interest rates…
U.S. equity funds gain first weekly inflow in four weeks
(Reuters) – U.S. equity funds saw net purchases in the week ended Dec. 14, as slowing inflation rates raised expectations…
Russia central bank holds rates, says inflationary factors prevail for now
By Alexander Marrow MOSCOW (Reuters) -Russia’s central bank held its key interest rate at 7.5% at its final meeting of…
LyondellBasell raises reduction target for planet-warming emissions
(Reuters) – Chemicals company LyondellBasell Industries N.V. on Friday increased its greenhouse gas (GHG) reduction target for direct emissions, as…