By Balazs Koranyi FRANKFURT (Reuters) – European Central Bank policymakers stood firmly behind plans to keep raising interest rates even…
Porsche CFO: we must safeguard data infrastructure
BERLIN (Reuters) – Porsche’s Chief Financial Officer Lutz Meschke said critical infrastructure, particularly data infrastructure, needed better protection in Germany…
Air France-KLM shares sink as travel chaos darkens outlook
By Dina Kartit, Juliette Portala and Toby Sterling (Reuters) – Air France-KLM on Friday cut its capacity forecast and its…
China’s largest banks weather property woes but margins narrow
BEIJING (Reuters) – China’s largest lenders have posted third-quarter profit rises of more than 4% as their diverse lending portfolios…
Russia holds rates at 7.5%, cautions on inflationary effects of mobilisation
By Alexander Marrow MOSCOW (Reuters) -Russia’s central bank held its key interest rate at 7.5% on Friday, cautioning that expectations…
Fed on track for tens of billions in losses amid inflation fight
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s aggressive campaign to rein in inflation leaves it on…
Volkswagen says supply jams here to stay as earnings stagnate
By Victoria Waldersee BERLIN (Reuters) – Volkswagen said supply chain troubles were the new norm as it reported stagnated earnings…
Global equity funds receive inflows for first time in 10 weeks
(Reuters) – Global equity funds attracted money inflows in the week ended Oct. 26, bolstered by expectations the Federal Reserve…
Bank of England poised to raise rates by most in 33 years
By William Schomberg LONDON (Reuters) – The Bank of England looks set to raise borrowing costs by the most since…
Russian rouble strengthens as cenbank leaves key rate unchanged
MOSCOW (Reuters) -The rouble strengthened on Friday, hovering between 61 and 62 to the dollar and showing limited reaction to…