By Caroline Pailliez PARIS (Reuters) – The French government plans to rein in unemployment benefits when the jobless rate is…
Deutsche Bank sees U.S. leveraged loan defaults near record highs in 2024
By Chiara Elisei (Reuters) -Default rates on U.S. leveraged loans will hit a near-record high of 11.3% in 2024, while…
PM Sunak says Britain will not pursue trade ties that rely on EU alignment
BIRMINGHAM, England (Reuters) -Britain will not pursue any trading relationship with the European Union that relies on the country aligning…
Macron hosts European CEOs to counter US move temptation
PARIS (Reuters) – French President Emmanuel Macron on Monday will host a dinner with a number of European chief executives…
Dream homes turned gas-guzzlers, Hungary’s ‘Kadar cubes’ losing allure
By Gergely Szakacs APC, Hungary (Reuters) – Facing a surge in heating costs, Andrea Varga is desperately trying to sell…
China regulator plans to improve balance sheets of ‘good quality’ developers
By Xie Yu HONG KONG (Reuters) – China needs to implement plans to improve the balance sheets of “good quality”…
Greek economy to grow by 1.8% in 2023, rebound hurt by energy crisis
ATHENS (Reuters) -Greece’s economy should grow by 1.8% next year, at a slower pace than initially expected, as soaring energy…
Power struggle divides Bolivia as soy-rich Santa Cruz demands more clout
By Andrea Martinez, Monica Machicao and Daniel Ramos SANTA CRUZ/LA PAZ, Bolivia (Reuters) – Tropical, sunny and relatively wealthy, Bolivia’s…
COVID in China sets sterling for biggest daily fall in two weeks
By Joice Alves LONDON (Reuters) – Sterling slipped against a strengthening U.S. dollar on Monday as global risk sentiment was…
More small emerging market defaults ‘probable’ in 2023 – Fitch
JOHANNESBURG (Reuters) -More sovereign defaults are “probable” next year among small emerging market countries, ratings agency Fitch said in its…