WASHINGTON (Reuters) -The White House on Friday welcomed news that the European Union was “coming together” on a $60 per…
Dodging recession could whiplash markets: Mike Dolan
By Mike Dolan LONDON (Reuters) -Recession of some sort next year is fast becoming consensus – to such an extent…
ECB must focus on 2% goal after inflation slowdown, says De Guindos
MADRID (Reuters) – The European Central Bank needs to focus on bringing inflation down to its 2% mid-term goal and…
Irish domestic economy shrank in Q3 following Q2 investment boom
By Padraic Halpin DUBLIN (Reuters) -Ireland’s domestic economy shrank by 1.1% quarter-on-quarter from July to September, following the strong investment…
Mexico to hike minimum wage by 20% in 2023, raising inflation worries
MEXICO CITY (Reuters) – Mexico will raise the minimum wage by 20% next year after employers, labor representatives and the…
Germany’s Scholz welcomes Biden’s openness to tweaking U.S. inflation act
BERLIN (Reuters) – German Chancellor Olaf Scholz welcomed comments by U.S. President Joe Biden that he is open to tweaking…
Marketmind: Why payrolls might not matter to markets
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. It’s payrolls Friday, yet the most…
German exports fall more than expected as demand cools in Europe, U.S
BERLIN (Reuters) – German exports fell more than expected in October, as high inflation and supply chain snags hit demand…
Exclusive-China’s top banks to issue offshore loans to help developers repay debt -sources
By Julie Zhu, Engen Tham and Jing Xu HONG KONG/SHANGHAI/BEIJING (Reuters) -China has ordered its top four state-owned banks to…
Analysis-As economy stutters, China’s youth seek safety of civil service
By Eduardo Baptista BEIJING (Reuters) – As a physics student at the elite Peking University in Beijing, Lynn Lau was…