LONDON (Reuters) – Investors increased their bets on the Bank of England raising its benchmark rate by a full percentage…
Tapestry deepens push into China, undeterred by luxury market slump
By Casey Hall SHANGHAI (Reuters) -Baoji, an industrial city in northwest China with a population of 3 million, doesn’t conform…
IMF chief expects UK PM Sunak’s government to stick to fiscal discipline
By Christian Kraemer BERLIN (Reuters) – IMF chief Kristalina Georgieva said on Wednesday she expects new Prime Minister Rishi Sunak…
Heineken cautious as Europe’s beer drinking starts to slow
By Philip Blenkinsop BRUSSELS (Reuters) -Heineken NV, the world’s second-largest brewer, has seen signs of slowdown in demand for its…
Deutsche Bank reports big jump in profit despite slump in dealmaking
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Deutsche Bank on Wednesday posted a better-than-expected jump in third-quarter profit…
IMF chief wants central banks to keep raising rates to hit ‘neutral’ level
By Christian Kraemer BERLIN (Reuters) – International Monetary Fund chief Kristalina Georgieva said on Wednesday that central banks should keep…
Kremlin says it may transfer assets in annexed Ukrainian regions to Russian companies
MOSCOW (Reuters) – The Kremlin on Wednesday said that assets in the four Ukrainian regions that Russia said it had…
Young Greeks priced out as inflation, rents soar
By George Georgiopoulos and Lefteris Papadimas ATHENS (Reuters) – Like many young Greeks trying to live within their means, Christina…
European banks cash in on rising rates as clouds gather
By Tom Sims, John O’Donnell and Jesús Aguado FRANKFURT (Reuters) – Some of Europe’s largest banks warned of growing risks…
Marketmind: Consumer drain as banks gain
A look at the day ahead in U.S. and global markets from Mike Dolan. This year’s inflation and interest rate…