By Lawrence White and Simon Jessop LONDON (Reuters) -HSBC will stop funding new oil and gas fields and expect more…
Exclusive-ECB sees inflation above target through 2025, source says
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank expects inflation to remain above its 2%…
UK house prices rise 12.6% y/y in October
LONDON (Reuters) – British house prices increased by 12.6% year-on-year in October, the Office for National Statistics (ONS) said on…
OMV appoints MOL executive as new board member
(Reuters) – OMV is to expand its board with the appointment of as new executive board member responsible for energy…
German recession will be milder than expected: Ifo
BERLIN (Reuters) – Germany’s recession will be milder than expected, with the economy expected to contract by 0.1% in 2023…
Germany entirely dependent on imports for 14 critical raw materials – study
BERLIN (Reuters) – Germany is highly dependent on imports for many crucial raw materials and often relies entirely on other…
Bludgeoned bond markets hope peak inflation will bring revival in 2023
By Dhara Ranasinghe, Davide Barbuscia and Yoruk Bahceli (Reuters) -Many of the world’s big bond fund managers, from BlackRock to…
Volkswagen replaces chief designer with Porsche hire
BERLIN (Reuters) – Volkswagen’s chief designer Klaus Zyciora is leaving the company and will be replaced by Porsche chief designer…
Marketmind: Messi
A look at the day ahead in European and global markets from Tom Westbrook A vintage performance from skipper Lionel…
Mercedes-Benz gears up powertrain network for EVs from 2024
BERLIN (Reuters) – Mercedes-Benz laid out on Wednesday an over 1 billion-euro ($1.06 billion) plan to adapt its global production…