FRANKFURT (Reuters) – Inflation in Germany may well remain in double digits into next year despite the government’s efforts to…
Prosus goes on cost-cutting drive, targets profit in 2 years
By Promit Mukherjee and Toby Sterling AMSTERDAM (Reuters) -Technology investor Prosus NV said on Wednesday it would launch a cost…
Germany to emerge from crisis stronger with new trade, energy policies – Scholz
BERLIN (Reuters) – Germany is strong enough to weather the crisis caused by Russia’s invasion of Ukraine and emerge stronger…
Putin promises further efforts to unblock more Russian fertiliser exports
MOSCOW (Reuters) – President Vladimir Putin said on Wednesday Russian officials would work to unblock Russian fertilisers stuck in European…
German downturn eases in Nov, bringing hope for milder recession -flash PMI
BERLIN (Reuters) – The downturn in German economic activity eased in November, a preliminary survey showed on Wednesday, as firms…
Euro zone growth will likely be negative in Q4, inflation high, ECB’s De Guindos Says
MADRID (Reuters) – The euro zone economy will likely show negative growth rates in the fourth quarter while inflation will…
French economy contracted in November – flash PMI
PARIS (Reuters) – France’s private sector economy contracted in November for the first time since February 2021, according to a…
Russian rouble firms ahead of three OFZ bond auctions
MOSCOW (Reuters) – The Russian rouble strengthened on Wednesday ahead of three OFZ treasury bond auctions by the finance ministry,…
Bundesbank warns banks against ‘careless’ payout pledges as economy cools
By Francesco Canepa and Frank Siebelt FRANKFURT (Reuters) – German banks should avoid making multi-year promises to their shareholders despite…
Analysis-Investors warm to European corporate bonds after a brutal year
By Harry Robertson LONDON (Reuters) – Investors are moving back into the European corporate bond market after one of the…