By Arathy Somasekhar HOUSTON (Reuters) – Oil prices tumbled 4% in volatile trade on Tuesday, pressured by weak demand data…
Global hedge funds plan 2023 around inflation risk
By Carolina Mandl, Nell Mackenzie and Summer Zhen NEW YORK/LONDON/HONG KONG (Reuters) – Having weathered a dire 2022, many global…
Upbeat economic data powers European shares to third day of gains
By Bansari Mayur Kamdar (Reuters) -European shares extended gains on Wednesday as a lower inflation reading from France, the euro…
Morning Bid: Wakey wakey!
A look at the day ahead in U.S. and global markets from Alun John The first Fed meeting minutes release…
Sanofi sees decision on Zantac dispute with Boehringer in Q1 at earliest
By Natalie Grover and Silvia Aloisi PARIS (Reuters) -French drugmaker Sanofi said on Wednesday its dispute with Germany’s Boehringer Ingelheim…
Deutsche Bank’s rollercoaster ride towards more stability
(This Dec. 16 story has been refiled to correct currency unit to cents in paragraph 33) By Tom Sims and…
Decline in German services sector eases, raising hopes for milder recession -PMI
BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though a…
French service sector activity subdued in Dec -final PMI
PARIS (Reuters) – Activity in France’s dominant services sector remained subdued last month, a survey showed on Wednesday, as inflation…
Italy’s services sector broadly stable in December- PMI
ROME (Reuters) – Italy’s services sector registered broadly stable activity in December, a survey showed on Wednesday, holding up better…
Turkey announces cheaper mortgages for mid-income Turks
ANKARA (Reuters) – Mortgages with lower rates and longer maturities will be offered to middle income Turks looking to buy…