BERLIN (Reuters) -Germany’s conservative opposition held up a major welfare reform on Monday, setting the scene for a mediation process…
German regulator calls on banks to increase risk provisions
FRANKFURT (Reuters) -The president of Germany’s financial regulator, Mark Branson, on Monday called on banks to increase their risk provisions…
Romanian central bank sees inflation higher, keeping slow approach to rate hikes
BUCHAREST (Reuters) -Romania’s central bank lifted its inflation forecasts for this year and next on Monday as supply-side shocks and…
India’s Oct retail inflation eases to 6.77% y/y
BENGALURU (Reuters) – India’s annual retail inflation eased to 6.77% in October helped by slower rises in food prices and…
China refiners slow down Russian oil purchases as sanctions near – trade
By Muyu Xu and Chen Aizhu SINGAPORE (Reuters) – Chinese refiners are slowing down Russian crude purchases in December and…
ECB policymakers caution against tightening policy too fast
FRANKFURT (Reuters) -The European Central Bank needs to keep raising interest rates but must not move too fast to avoid…
OPEC cuts oil demand growth forecast again as economic challenges mount
By Alex Lawler LONDON (Reuters) -OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth…
Italy aims to bring Telecom Italia network under state control
ROME (Reuters) -Italy’s new government wants to bring Telecom Italia’s (TIM) network under state control to speed up the digitalization…
Sweden drops investigation into suspected Ericsson bribery in China
OSLO (Reuters) -The Swedish Prosecution Authority on Monday said it had closed an investigation into suspected bribery payments made in…
Norway’s Equinor-owned Aasgard B oil and gas platform shut after fire
By Nora Buli OSLO (Reuters) -Gas production at Norwegian energy firm Equinor’s Aasgard B gas processing platform was shut on…