By Sinead Cruise, Kate Holton and Dhara Ranasinghe LONDON (Reuters) – Major investors are rethinking their support for Britain’s economy…
German downturn eases further, lifting some gloom – flash PMI
BERLIN (Reuters) – A downturn in German economic activity eased for the second month running in December, a preliminary survey…
Bundesbank sees recession, higher inflation in Germany
FRANKFURT (Reuters) – Inflation in Germany, the euro zone’s biggest economy, is likely to be higher than earlier thought while…
Bank of England raises rates to 3.5%, says inflation has peaked
(This Dec. 15 story has been corrected to change Robert Dishner’s location to London from Chicago in paragraph 33) LONDON…
French economic contraction worsened in December – flash PMI
By Sudip Kar-Gupta PARIS (Reuters) – French business activity contracted at a faster rate in December than the previous month,…
Rio Tinto completes $3.3 billion Turquoise Hill deal for larger share in Mongolia project
(Reuters) -Rio Tinto Ltd said on Friday it had completed its long drawn-out acquisition of remaining 49% stake in Turquoise…
ECB’s Villeroy: Match against inflation is not over
PARIS (Reuters) – European Central Bank (ECB) member and Bank of France head Francois Villeroy de Galhau said on Friday…
China’s re-opening to lift Asia equity capital market volumes from three-year lows
By Scott Murdoch SYDNEY (Reuters) – Asian equity capital markets activity, languishing at three-year lows now, is set to get…
For bear stock pickers, 2023 is full of rich pickings
By Nell Mackenzie LONDON (Reuters) – Well-known activist short-selling hedge funds expect to find more companies squeezed by tough economic…
No Santa rally for markets as central banks dampen peak rate hopes
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) -Forget a year-end rally in financial markets. The message from major central…