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…
Pakistan to get $500 million from Asian Infrastructure Investment Bank for development program
ISLAMABAD (Reuters) – Pakistan will receive $500 million as co-financing for the BRACE development program from the Asian Infrastructure Investment…
Zurich Insurance sees $550 million hit from Hurricane Ian
ZURICH (Reuters) – Zurich Insurance Group expects a net $550 million pre-tax hit from Hurricane Ian, it said on Thursday…
UK hiring falls as political upheaval adds to employers’ worries
By Suban Abdulla LONDON (Reuters) – British employers cut their hiring of permanent staff via recruitment firms for the first…
Fed’s Kashkari: talk of pivot ‘premature,’ on good policy path
By Ann Saphir (Reuters) -Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday said it’s “entirely premature” to discuss any…
Argentina mining sector threatened by shortage of key imports, industry group says
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s mining sector could be forced to shut if the government does not…