FRANKFURT (Reuters) – Bundesbank President Joachim Nagel opened the door on Tuesday to smaller interest rate increases by the European…
Germany reaches compromise plan on landmark welfare reform – sources
BERLIN (Reuters) -Germany’s ruling coalition parties and opposition conservatives reached a compromise on a major welfare reform on Tuesday, according…
ECB’s Rehn says inflation, economy will decide pace of rate hikes
HELSINKI (Reuters) – The European Central Bank will continue to raise interest rates, and the pace of its hikes will…
Citigroup targets more deals in Gulf region
By Hadeel Al Sayegh DUBAI (Reuters) – Citigroup Inc’s investment banking team has doubled in size over the past two…
German finance minister: must talk about fiscal stimulus for 2024 budget
BERLIN (Reuters) – The German government needs to talk about fiscal measures for the 2024 budget to stimulate the economy,…
Russian central bank to consider subdued inflationary pressure at next rate meeting
MOSCOW (Reuters) – The Bank of Russia will consider still subdued inflationary pressure and households’ inflation expectations when making its…
Don’t like Musk? Work for us! Tech firms woo ex-Twitter staff
By Martin Coulter LONDON (Reuters) – Put off by Elon Musk’s muscular management style? Move to us! That’s the pitch…
Credit Suisse lays off one-third of China-based investment bankers – sources
By Summer Zhen and Selena Li HONG KONG (Reuters) – Credit Suisse has laid off about one-third of its China-based…
India expects bilateral trade with Australia to exceed $45 billion in 5 years
NEW DELHI (Reuters) – India expects total bilateral trade with Australia of around $45 billion to $50 billion over the…
ECB’s Holzmann says leaning towards a 0.75% rate hike as things stand
VIENNA (Reuters) – European Central Bank policymaker Robert Holzmann said on Tuesday he has not decided how he will vote…