MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador on Thursday said the Mexican peso’s strength is good for the…
G20 watchdog in step-by-step approach to funds sector ‘vulnerabilities’
By Huw Jones LONDON (Reuters) – Systemic vulnerabilities in investment funds and other “non-banks” that make up almost half the…
Italy to raise cash payments cap to 5,000 euros from 1,000, draft shows
ROME (Reuters) – Italy plans to raise a limit on cash payments to 5,000 euros ($5,078) from 1,000 euros, a…
Biden: consumer price data shows progress on curbing inflation
WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday said the latest consumer price index report shows a much-needed break…
Cisco to open new chip design center in Barcelona, Spain says
MADRID (Reuters) – U.S. tech giant Cisco will open a new chip design center in the northeastern Spanish city of…
EU executive to outline gas price ‘correction mechanism’ on Friday -sources
By Gabriela Baczynska BRUSSELS (Reuters) – The European Commission will propose a gas “correction mechanism” to the 27 EU states…
Swiss National Bank still sees no case for central bank digital currency
ZURICH (Reuters) – The Swiss National Bank currently sees “no compelling advantage” to introducing digital central bank money for the…
ECB’s Schnabel flags inflation risk from wages, expectations
LJUBLJANA (Reuters) – Euro zone wages are rising “significantly” and underlying inflation show strong momentum, two factors that raise the…
Greek central bank cuts growth estimate for 2023- report
ATHENS (Reuters) – Greece’s economy will grow by an annual 1.5% clip in 2023, the country’s central bank said in…
Russia’s central bank: short-term inflationary risks are balanced
MOSCOW (Reuters) – Russia’s inflationary and disinflationary risks are balanced in the short term, central bank governor Elvira Nabiullina said…