FRANKFURT (Reuters) – Euro zone inflation has not peaked and the risk is that it will turn out even higher…
Alpha Finance raises price targets on Greek banks
ATHENS (Reuters) – Alpha Finance, a subsidiary of Alpha Bank, on Monday raised its price targets on shares of Eurobank,…
Spanish banks mull legal challenge to bank tax proposal
By Jesús Aguado MADRID (Reuters) -Spanish banks Bankinter and Caixabank are considering challenging the government’s new banking tax proposal in…
Rolls-Royce successfully tests hydrogen-powered jet engine
LONDON (Reuters) – Britain’s Rolls-Royce said it has successfully run an aircraft engine on hydrogen, a world aviation first that…
German finance minister expects higher debt burden but no tax rises
BERLIN (Reuters) – Germany’s Finance Minister Christian Lindner said on Monday he expects the country’s debt to GDP ratio to…
Philip Morris to de-list Swedish Match after raising stake to 93%
By Marie Mannes STOCKHOLM (Reuters) -Philip Morris International (PMI) said on Monday it now owned a big enough stake in…
Barclays CEO Venkat to undergo cancer treatment, prognosis ‘excellent’
By Lawrence White LONDON (Reuters) -Barclays PLC said on Monday that Chief Executive C.S. Venkatakrishnan would undergo treatment for non-Hodgkin…
Greek private sector bank deposits drop in October
ATHENS (Reuters) – Greek private sector bank deposits dropped in October after rising for six months in a row, central…
Turkey’s economy grew 4% in Q3; 2022 growth seen at 5%: Reuters Poll
ISTANBUL (Reuters) – Turkey’s economy is expected to have expanded 4% in the third quarter and will grow 5% overall…
Who’s next? Chinese EVs drive Stellantis’ Jeep off the road
By Nick Carey and Giulio Piovaccari LONDON/MILAN (Reuters) – The bankruptcy of Stellantis’ Jeep joint venture in China could spell…