By Joanna Plucinska and Ilona Wissenbach DUBLIN (Reuters) – German airline Lufthansa’s bid for a minority stake in Italy’s ITA…
U.S. Treasury launches debt limit cash management measures
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday began using extraordinary cash management measures to continue borrowing under the…
U.S. single-family housing starts rebound in December
WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded in December, but the increase was likely temporary as permits for future construction…
Crypto lender Genesis preparing to file for bankruptcy – Bloomberg News
(Reuters) – Cryptocurrency lender Genesis Global Capital is planning to file for bankruptcy as soon as this week, Bloomberg News…
UniCredit CEO says 2022 shareholder payout could top 2021
MILAN (Reuters) – Italy’s UniCredit may have room to pay out more to shareholders from 2022 earnings than the year…
ECB pushes back against bets on smaller rate hikes
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank pushed back on Thursday against market bets that…
Fed’s Collins sees U.S. interest rate hike peak “just above” 5%
By Lindsay Dunsmuir (Reuters) – The Federal Reserve will probably need to raise interest rates to “just above” 5% and…
EuroGroup Laminations aims to rekindle Milan IPO market
By Elisa Anzolin and Federico Maccioni MILAN (Reuters) -Italy’s EuroGroup Laminations, a maker of electric motor components, said on Thursday…
JPMorgan CEO Dimon sees interest rates going beyond 5% – CNBC
(Reuters) – JPMorgan Chase & Co Chief Executive Officer Jamie Dimon expects interest rates to go beyond 5% as inflation…
Davos 2023-Be careful on ‘friend-shoring’, WTO’s Ngozi warns
DAVOS, Switzerland (Reuters) – Trade blocs seeking to skirt geopolitical risk by “friend-shoring” activities to like-minded countries should be careful…