WARSAW (Reuters) – Poland’s parliament passed a bill loosening limits on additional spending in 2022 on defence and support related…
UK inflation hits 41-year high as Hunt readies tough budget
By Andy Bruce and William Schomberg LONDON (Reuters) – Surging household energy bills and food prices pushed British inflation to…
Fed’s Williams says monetary policy not best tool for financial stability
By Michael S. Derby NEW YORK (Reuters) -New York Federal Reserve President John Williams said on Wednesday he still believes…
Europe’s STOXX 600 drops 1% on Mercedes drag; Target outlook weighs on retailers
By Shreyashi Sanyal and Devik Jain (Reuters) -Europe’s STOXX 600 index snapped a four-day winning streak on Wednesday, led by…
Zurich Insurance sets more ambitious financial targets
By Carolyn Cohn and Michael Shields ZURICH/LONDON (Reuters) -Zurich Insurance Group set more ambitious financial targets for the next three…
Explainer-Britain’s insurers become test case for post-Brexit ‘unshackling’
By Huw Jones and Carolyn Cohn LONDON (Reuters) – The British government and the Bank of England are reforming insurers’…
Bank of England’s Bailey speaks to lawmakers
LONDON (Reuters) – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to…
BoE’s Bailey: ‘very tight’ labour market key to rates outlook
LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Wednesday that Britain’s very tight labour market was a…
Portugal’s finance minister sees 2022 growth above target, focus on debt cuts
By Sergio Goncalves and Aislinn Laing LISBON (Reuters) – Portugal expects economic growth of at least 6.7% this year, beating…
Petro-Logistics says OPEC appears to be making oil output cut
By Alex Lawler LONDON (Reuters) – Crude oil exports by OPEC have fallen significantly so far this month, leading tanker-tracker…