FLINS-SUR-SEINE, France (Reuters) – The chairman of French carmaker Renault, Jean-Dominique Senard, said on Wednesday he remained confident about the…
EU Commission approves Italy’s 2023 draft budget despite reservations
BRUSSELS (Reuters) -Italy’s draft 2023 budget draft, drawn up by its new government, is overall in line with policies agreed…
Brazil’s economic activity shrinks in October on rate hike impact
BRASILIA (Reuters) – Brazil’s economic activity contracted in October, a central bank index showed on Wednesday, as aggressive interest-rate hikes…
U.S. consumer loan delinquencies seen surging to 13-year high in 2023 – study
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – U.S. consumers will fall behind on their personal loan and…
Bank of England sets out plan to regulate cash distribution
LONDON (Reuters) – The Bank of England set out plans on Wednesday to regulate wholesale cash distribution in Britain to…
Inditex profit jumps as Zara owner lifts prices
By Corina Pons MADRID (Reuters) -Zara owner Inditex posted a 24% increase in net profit for the first nine months…
Factbox-How the EU ban on Russian crude affects oil flows
(Reuters) – Russian oil exports to the European Union fell by 430,000 barrels per day to 1.4 million bpd in…
Thai economy in recovery, bolstered by tourists, minister says
BANGKOK (Reuters) – Thailand’s economy is still on the recovery path and should grow 3.4% this year and 3.8% next…
Cepsa and Repsol say fully cooperating with Spain anti-trust investigation
MADRID (Reuters) – Spain’s two largest oil companies Repsol and privately owned Cepsa said on Wednesday they were fully cooperating…
Regulators set sights on hedge funds after UK pension crisis
By Carolyn Cohn LONDON (Reuters) -Britain’s markets watchdog is working with overseas regulators to look at other stresses in the…