By Indradip Ghosh BENGALURU (Reuters) – Euro zone business activity shrank at the slowest pace in four months in December,…
Italy’s Fincantieri sees scope to expand naval sales on security fears
By Elisa Anzolin MILAN (Reuters) – Italian shipbuilder Fincantieri expects to increase sales in its naval business in the coming…
Ericsson shares extend fall after outlook disappoints
(Reuters) – Shares in Sweden’s Ericsson extended their losses on Friday a day after a strategy update in which the…
Strong ECB statement equivalent to a bigger rate hike, Holzmann says
VIENNA (Reuters) – The European Central Bank’s message that it is serious about fighting inflation was a strong signal equivalent…
Italy, November EU-harmonised CPI revised to +12.6% y/y
(Reuters) – Italian EU-harmonised consumer prices (HICP) rose 0.7% month-on-month in November and were also up 12.6% from the year…
UK downturn moderates in December but recession begins – PMI
By Andy Bruce LONDON (Reuters) -The downturn across most British businesses eased slightly this month but manufacturers struggled and the…
Greek jobless rate drops to 11.6% in third quarter
ATHENS (Reuters) – Greece’s jobless rate fell to 11.6% in the third quarter from 12.4% in the second quarter of…
UniCredit signs asset management accord with Azimut
By Valentina Za MILAN (Reuters) – UniCredit has struck an accord with asset manager Azimut Holding in a move that…
Factbox-Japan tax reform to target low-emission cars, shift to investment
TOKYO (Reuters) – Japan will extend tax breaks on low-emission cars and seek to shift its massive household savings into…
Markets may still be underestimating how high ECB rates have to go -Rehn
HELSINKI (Reuters) -The European Central Bank will need big rate hikes at least at its next two meetings and markets…