BERLIN (Reuters) – Commerzbank will pay staff an inflation compensation bonus of up to 2000 euros ($1,985) in December, Handelsblatt…
Enel teams up with Brenmiller to test rock-based energy storage
MILAN (Reuters) – Italy’s biggest utility Enel and Israel’s Brenmiller Energy have teamed up to build a rock-based storage system…
ECB’s top brass keep focus on fighting inflation
FRANKFURT (Reuters) -The European Central Bank’s two top officials emphasised on Friday the central bank’s focus on bring down inflation…
BoE’s Pill says rates need to rise, but not to 5.25%
LONDON (Reuters) – The Bank of England needs to raise interest rates further, but not as high as the 5.25%…
Pentagon, U.S. arms makers to talk Russia, labor and supply chain
By Mike Stone WASHINGTON (Reuters) -Pentagon leaders plan to meet with defense industry executives next week to discuss ways to…
BoE’s Bailey confirms decrease in bond purchase cap
LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Friday that the maximum size of the BoE’s Asset…
Euro zone downturn deepens, points to winter recession
By Jonathan Cable LONDON (Reuters) – The downturn in the euro zone economy has deepened as high inflation and fears…
Global equity funds gain inflows for second week in a row
(Reuters) – Global equity funds obtained huge inflows in the week ended Nov. 2 as investors were hoping that the…
Exclusive-G7 coalition has agreed to set fixed price for Russian oil -sources
By Andrea Shalal, Noah Browning and Timothy Gardner WASHINGTON/LONDON (Reuters) – The Group of Seven rich nations and Australia have…
China confirms orders for 140 Airbus jets worth $17 billion
BEIJING (Reuters) -China’s state aircraft buying agency officially signed orders to buy 140 Airbus planes worth about $17 billion on…