By Clara Denina and Sarah McFarlane LONDON (Reuters) – Europe needs its industrial companies to save energy amid soaring costs…
Stocks end down, yields up as Powell sticks to hawkish stance
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended a volatile session lower while Treasury yields were up Wednesday…
Oil prices gain by tight supply; other risk assets swoon on Fed rate hike
By David Gaffen NEW YORK (Reuters) -Oil prices rose on Wednesday, gaining ground even as other risk assets dropped following…
Exclusive-Italy pushes to weaken fossil fuel financing pledge – sources
By Kate Abnett and Giuseppe Fonte BRUSSELS (Reuters) – Italy is attempting to weaken a pledge 10 European governments intend…
ECB will need more rate hikes to fight off inflation, De Cos Says
MADRID (Reuters) – The European Central Bank “will need additional interest rate increases” to fight off inflation even considering the…
France, Singapore, Switzerland jointly test central bank digital currencies
LONDON (Reuters) – France, Singapore and Switzerland have launched a joint trial of their experimental central bank digital currencies (CBDCs)…
Duty-free retailer Dufry expects jump in 2022 turnover on strong demand
(Reuters) -Swiss duty-free retailer Dufry said on Wednesday it expects a sharp rise in 2022 turnover, citing strong demand across…
Russia’s economy shrinks 5% year-on-year in September -economy ministry
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW (Reuters) –…
Canadian dollar forecasts cut as BoC trails Fed on peak-rate bets – Reuters poll
By Fergal Smith TORONTO (Reuters) – Canada’s dollar will gain less than previously thought over the coming year as the…
Credit Suisse to use repurchased shares for employee plans
ZURICH (Reuters) – Credit Suisse’s board of directors has decided not to cancel more than 25 million shares it repurchased…