By Jason Hovet PRAGUE (Reuters) – The Czech National Bank (CNB) is likely to hold interest rates steady at its…
BlackRock to make leadership changes across units (Dec. 14)
(Corrects paragraph 3 to say that Gary Shedlin, Mark McCombe and Rob Fairbairn will step down from BlackRock’s global executive…
Fortum CFO steps down, to be replaced by Uniper executive
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…