FRANKFURT (Reuters) – Euro zone inflation surged past expectations yet again this month to hit a record high, pointing to…
Take Five: It’s rate hike central
LONDON (Reuters) – It’s rate hike central with monetary policy meetings in the United States, Britain, Australia and Norway in…
China’s factory, services activity skids on relentless COVID curbs
BEIJING (Reuters) -China’s factory activity unexpectedly fell in October, weighed by softening global demand and strict domestic COVID-19 curbs, which…
Marketmind: Fed peak rate talk meets China curbs, grain strain
A look at the day ahead in U.S. and global markets from Mike Dolan. A potentially pivotal week for U.S.…
Credit Suisse unveils details of $4 billion capital raising plan
By John Revill ZURICH (Reuters) -Credit Suisse on Monday unveiled details of its plan to raise 4 billion Swiss francs…
‘Perfect storm’ swirls as Canadians face hot inflation, rising rates
By Julie Gordon and Rod Nickel OTTAWA/WINNIPEG, Manitoba (Reuters) -At a warehouse on an industrial stretch in Ottawa, giant metal…
Hong Kong economy shrinks 4.5% yr/yr in Q3, outlook remains weak
HONG KONG (Reuters) – Hong Kong’s economy shrank faster in the third quarter, contracting 4.5% from the same period a…
Europe-listed Brazil stocks, Petrobras slip after Lula election win
LONDON (Reuters) – German-listed shares in Brazil’s state-run oil company Petrobras slipped more than 7% in early European trade after…
Fewer German companies feel threatened than during pandemic – Ifo
BERLIN (Reuters) – Far fewer German businesses feel their survival is at risk now than at the height of the…
German union calls for strikes at Airbus, other companies
BERLIN (Reuters) – German trade union IG Metal Kueste said it has called on several thousand workers to strike on…