FRANKFURT (Reuters) – The European Central Bank may slow the pace of interest rate hikes but should soon start running…
Carmaker Jaguar Land Rover looks to hire hundreds of laid off tech workers
LONDON (Reuters) – Laid off tech industry workers in Britain could find a new home at Jaguar Land Rover (JLR),…
ECB must raise rates decisively; let bonds expire from start of 2023, Nagel says
FRANKFURT (Reuters) – The European Central Bank must continue to raise interest rates decisively and should start letting its oversized…
Ford executive says South Africa needs EV policy within six months
By Promit Mukherjee JOHANNESBURG (Reuters) -The Africa head of Ford Motor Co said the South African government must deliver policy…
Brazil central bank postpones higher capital requirements for fintechs to July 2023
BRASILIA (Reuters) – Brazil’s central bank on Friday announced the postponement of higher capital requirements for fintechs to July 2023,…
Chile’s GDP posts largest quarterly drop in over 2 years as recession fears grow
By Fabian Cambero and Gabriel Araujo SANTIAGO (Reuters) -Chile’s economy shrank in the third quarter at the fastest quarterly rate…
Moody’s closing its consulting business in China, cutting staff -sources
HONG KONG (Reuters) -Moody’s Corp is shutting its China consulting business and is laying off people associated with the unit…
Value of Russia-China energy trade up 64%, deputy PM says
(Reuters) – Russia’s energy exports to China have increased in value by 64% this year, and by 10% in volume…
As recession bites, Tesco offers UK staff pay advance
By James Davey and Sarah Young LONDON (Reuters) – Tesco, one of Britain’s largest private-sector employers, is offering its staff…
ECB begins great cash mop-up as banks repay 296 billion euros of loans
By Francesco Canepa FRANKFURT (Reuters) -Euro zone banks are set to repay nearly 300 billion euros ($310 billion) in loans…