VIENNA (Reuters) – The European Central Bank’s message that it is serious about fighting inflation was a strong signal equivalent…
Italy, November EU-harmonised CPI revised to +12.6% y/y
(Reuters) – Italian EU-harmonised consumer prices (HICP) rose 0.7% month-on-month in November and were also up 12.6% from the year…
UK downturn moderates in December but recession begins – PMI
By Andy Bruce LONDON (Reuters) -The downturn across most British businesses eased slightly this month but manufacturers struggled and the…
Philippines’ Marcos cheers ‘Christmas gift’ of $95 billion state budget
MANILA (Reuters) – Philippine President Ferdinand Marcos Jr on Friday signed into law the 2023 budget bill which authorises a…
Greek jobless rate drops to 11.6% in third quarter
ATHENS (Reuters) – Greece’s jobless rate fell to 11.6% in the third quarter from 12.4% in the second quarter of…
UniCredit signs asset management accord with Azimut
By Valentina Za MILAN (Reuters) – UniCredit has struck an accord with asset manager Azimut Holding in a move that…
Factbox-Japan tax reform to target low-emission cars, shift to investment
TOKYO (Reuters) – Japan will extend tax breaks on low-emission cars and seek to shift its massive household savings into…
Markets may still be underestimating how high ECB rates have to go -Rehn
HELSINKI (Reuters) -The European Central Bank will need big rate hikes at least at its next two meetings and markets…
Kremlin says it is finalising last details of response to oil price cap
(Reuters) – The Kremlin said on Friday it was finalising the last details of how it would respond to the…
UK housebuilder Taylor Wimpey names ex-Landsec chief Noel as next chair
(Reuters) – Taylor Wimpey said on Friday former Landsec chief Robert Noel would replace Irene Dorner as its chairperson next…