MADRID (Reuters) – The different inflation levels in euro zone countries make the European Central Bank’s monetary policy action challenging,…
German government deficit could hit 3.5% in 2023 – Spiegel
BERLIN (Reuters) – Germany’s government deficit could reach as high as 3.5% next year, the Spiegel news magazine reported on…
European refiners oversupplied as oil shortage fears subside
By Julia Payne and Ahmad Ghaddar LONDON (Reuters) – European refiners have found themselves oversupplied with crude as an expected…
ECB has ‘long way’ to go with rate hikes, Knot says
FRANKFURT (Reuters) – The European Central Bank still has a “long way” to go before interest rates peak, as inflation…
ECB could slow rate hikes, but bond run-off should start soon, Knot says
FRANKFURT (Reuters) – The European Central Bank may slow the pace of interest rate hikes but should soon start running…
Carmaker Jaguar Land Rover looks to hire hundreds of laid off tech workers
LONDON (Reuters) – Laid off tech industry workers in Britain could find a new home at Jaguar Land Rover (JLR),…
ECB must raise rates decisively; let bonds expire from start of 2023, Nagel says
FRANKFURT (Reuters) – The European Central Bank must continue to raise interest rates decisively and should start letting its oversized…
Germany watching developments at Twitter with growing concern
BERLIN (Reuters) – The German government is watching developments at Twitter with growing concern, a government spokesperson said on Friday.…
Value of Russia-China energy trade up 64%, deputy PM says
(Reuters) – Russia’s energy exports to China have increased in value by 64% this year, and by 10% in volume…
As recession bites, Tesco offers UK staff pay advance
By James Davey and Sarah Young LONDON (Reuters) – Tesco, one of Britain’s largest private-sector employers, is offering its staff…