By David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden on Friday will meet on the economy with business and labor…
German government deficit could hit 3.5% in 2023 – Spiegel
BERLIN (Reuters) – Germany’s government deficit could reach as high as 3.5% next year, the Spiegel news magazine reported on…
European refiners oversupplied as oil shortage fears subside
By Julia Payne and Ahmad Ghaddar LONDON (Reuters) – European refiners have found themselves oversupplied with crude as an expected…
ECB has ‘long way’ to go with rate hikes, Knot says
FRANKFURT (Reuters) – The European Central Bank still has a “long way” to go before interest rates peak, as inflation…
Canada home price index slides again in October -Teranet
OTTAWA (Reuters) – Canadian home prices dropped in October from the previous month, though less sharply than in September, while…
China’s JD.com says worst is over for consumer demand
(Reuters) -E-commerce firm JD.com Inc posted an 11.4% rise in third-quarter revenue on Friday, beating analysts’ estimates as COVID-19 lockdowns…
Canada October producer prices up 2.4% on petroleum products
Nov 18 (Reuters) – Producer prices in Canada rose by 2.4% in October from September on higher prices for refined…
China’s property prices to rise in 2023, sales to fall more slowly
BEIJING (Reuters) – China’s property sector will remain weak but will see a gradual recovery in 2023, economists said in…
ECB policymakers hint at slower rate hikes but quicker start to debt run-off
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank must raise interest rates high enough to dampen…
ECB could slow rate hikes, but bond run-off should start soon, Knot says
FRANKFURT (Reuters) – The European Central Bank may slow the pace of interest rate hikes but should soon start running…