PARIS (Reuters) -The European Central Bank should raise interest rates by 50 basis points (bp) on Dec. 15, French central…
Italy’s Meloni may water down cash payments plan after EU talks
ROME (Reuters) – Italy’s Prime Minister Giorgia Meloni said on Sunday that she may water down plans to make it…
EU to adapt state aid schemes in response to U.S. subsidy package
BRUSSELS (Reuters) -The EU will adapt its state aid rules to prevent an exodus of investment triggered by a new…
Canada’s deep yield curve inversion adds to BoC rate hike dilemma
By Fergal Smith TORONTO (Reuters) – As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing…
Wall Street hunts for recession plays to weather potential 2023 turbulence
By David Randall NEW YORK (Reuters) -Investors are eyeing everything from the U.S. healthcare sector to UK stocks and gold…
Saudi Aramco’s Luberef expects to raise up to $1.32 billion from IPO
By Yousef Saba DUBAI (Reuters) – Saudi oil giant Aramco’s base oil subsidiary Luberef expects to raise up to 4.95…
Germany to set up climate protection contracts with industry in 2023 – minister
(Reuters) – Germany will set up so-called climate protection contracts with industrial companies next year to support a transition towards…
Lawmaker says EU should complain to WTO over U.S. Inflation Reduction Act
(Reuters) – The European Union should file a complaint with the World Trade Organization (WTO) in the next few months…
NY Fed paper ties reverse repo surge to bank regulation change
(Fixes typo in paragraph 6) By Michael S. Derby (Reuters) -Persistently massive inflows of cash into a key Federal Reserve…
Archegos’ Bill Hwang says prosecutor misconduct justifies indictment’s dismissal
By Jonathan Stempel NEW YORK (Reuters) – Bill Hwang is seeking the dismissal of his U.S. fraud indictment over the…