BERLIN (Reuters) – The European Central Bank will certainly raise its interest rates considerably, though how far it ultimately goes…
Fed’s Mester: Lowering inflation remains Fed’s main goal
NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester reiterated Tuesday getting inflation down remains critical for…
Exclusive-China set to fine Ant Group over $1 billion, signalling revamp nears end-sources
By Julie Zhu HONG KONG (Reuters) – Chinese authorities are poised to impose a fine of more than $1 billion…
‘Boomerang CEOs’ don’t always work out; Disney hopes this one bucks trend
By David Randall NEW YORK (Reuters) -Can Walt Disney Co bank on another hit sequel? That appears to be the…
Kohl’s snub of big sale-leaseback sets up new clash with hedge funds
(Corrects second-quarter percentage drop in net sales to 8.5%) By Abigail Summerville and Svea Herbst-Bayliss (Reuters) – Kohl’s Corp’s reluctance…
IMF approves 530 million euro liquidity line for North Macedonia
WASHINGTON (Reuters) – The International Monetary Fund said on Tuesday its executive board has approved a two-year, 530 million-euro precautionary…
Spain’s mortgage relief plans may mean higher provisions, top bankers say
MADRID (Reuters) -Two top Spanish bankers on Tuesday said Spain’s mortgage relief plan could lead to an increase in bad…
Europe to be hit hardest in global slowdown -OECD
By Leigh Thomas PARIS (Reuters) -The global economy should avoid a recession next year but the worst energy crisis since…
Emerging market debt ratio climbs back to record highs -IIF
By Rodrigo Campos NEW YORK (Reuters) – Emerging markets’ debt-to-GDP ratio returned to record highs despite a $6.4 trillion decline…
Italy’s Meloni hails “courageous” budget, opposition plans protests
By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italian Prime Minister Giorgia Meloni presented her government’s first budget on Tuesday,…