BERLIN (Reuters) – Germany plans record debt issuance of more than 500 billion euros ($533 billion) next year to fund…
Musk’s banks to book Twitter loan losses, avoid big hits -sources
By Lananh Nguyen, Saeed Azhar and Shankar Ramakrishnan NEW YORK (Reuters) -Some of the banks that lent Elon Musk $13…
Italy’s Eni eyes biorefinery in Malaysia with Petronas, Euglena
MILAN (Reuters) – Italian energy group Eni is studying the possibility of developing and operating a biorefinery in Malaysia together…
Chinese dealers seek compensation over Stellantis Jeep failure
SHANGHAI (Reuters) – Chinese dealers that sell China-made Jeep cars are asking Stellantis for millions of dollars in compensation after…
HSBC to stop funding new oil and gas fields as part of policy overhaul
By Lawrence White and Simon Jessop LONDON (Reuters) -HSBC will stop funding new oil and gas fields and expect more…
Exclusive-ECB sees inflation above target through 2025, source says
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank expects inflation to remain above its 2%…
Global investors fly blind into China’s messy post-COVID transition
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) – Global investors, already caught off guard by China’s virus-policy U-turn,…
UK house prices rise 12.6% y/y in October
LONDON (Reuters) – British house prices increased by 12.6% year-on-year in October, the Office for National Statistics (ONS) said on…
OMV appoints MOL executive as new board member
(Reuters) – OMV is to expand its board with the appointment of as new executive board member responsible for energy…
German recession will be milder than expected: Ifo
BERLIN (Reuters) – Germany’s recession will be milder than expected, with the economy expected to contract by 0.1% in 2023…