By Promit Mukherjee and Joe Bavier JOHANNESBURG (Reuters) – Volkswagen’s South Africa unit aims to develop new markets for its…
ECB’s de Guindos says market might be underestimating inflation
FRANKFURT (Reuters) – Financial investors might be underestimating the “persistence of inflation”, the European Central Bank’s vice-president Luis de Guindos…
Bank of England’s Tenreyro sees rates on hold, then falling in 2024
LONDON (Reuters) -Bank of England monetary policymaker Silvana Tenreyro said on Friday that the central bank should not raise its…
Argentina to freeze prices of 1,500 consumer goods as inflation bites
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s government announced a deal on Friday with supermarkets and suppliers of mass…
Harris Associates backs Credit Suisse handling of governance
ZURICH (Reuters) – Credit Suisse shareholder Harris Associates backed the Swiss bank’s handling of any potential conflicts of interest for…
JPMorgan to expand in Greece with new office, payments team
ATHENS (Reuters) – U.S. bank JPMorgan said on Friday it will open a new office in Athens to support the…
Investors gobble up bonds as worst of inflation may be over -BofA
By Lucy Raitano LONDON (Reuters) -Investors bought more bonds than at any time in the last four months in the…
Fiscal and social concerns equally important for Brazil’s economy, Itau CEO says
SAO PAULO (Reuters) – Fiscal and social concerns should be given equal weight in the running of Brazil’s economy, the…
Scaramucci’s SkyBridge Capital looking to buy back stake from FTX – CNBC
(Reuters) – SkyBridge Capital is working to buy back its stake from embattled crypto exchange FTX, the alternative investment firm’s…
Airbus fed regulator talking points on Qatar jet row, court told
LONDON (Reuters) – Airbus sought to exert influence over the European Union Aviation Safety Agency in a dispute with Qatar…