By David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden on Friday will meet on the economy with business and labor…
German government deficit could hit 3.5% in 2023 – Spiegel
BERLIN (Reuters) – Germany’s government deficit could reach as high as 3.5% next year, the Spiegel news magazine reported on…
European refiners oversupplied as oil shortage fears subside
By Julia Payne and Ahmad Ghaddar LONDON (Reuters) – European refiners have found themselves oversupplied with crude as an expected…
China’s JD.com says worst is over for consumer demand
(Reuters) -E-commerce firm JD.com Inc posted an 11.4% rise in third-quarter revenue on Friday, beating analysts’ estimates as COVID-19 lockdowns…
China’s property prices to rise in 2023, sales to fall more slowly
BEIJING (Reuters) – China’s property sector will remain weak but will see a gradual recovery in 2023, economists said in…
ECB policymakers hint at slower rate hikes but quicker start to debt run-off
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank must raise interest rates high enough to dampen…
ECB could slow rate hikes, but bond run-off should start soon, Knot says
FRANKFURT (Reuters) – The European Central Bank may slow the pace of interest rate hikes but should soon start running…
Carmaker Jaguar Land Rover looks to hire hundreds of laid off tech workers
LONDON (Reuters) – Laid off tech industry workers in Britain could find a new home at Jaguar Land Rover (JLR),…
ECB must raise rates decisively; let bonds expire from start of 2023, Nagel says
FRANKFURT (Reuters) – The European Central Bank must continue to raise interest rates decisively and should start letting its oversized…
Ford executive says South Africa needs EV policy within six months
By Promit Mukherjee JOHANNESBURG (Reuters) -The Africa head of Ford Motor Co said the South African government must deliver policy…