(Reuters) -Saudi Arabia on Monday said that OPEC+ was sticking with oil output cuts and could take further measures to…
ECB’s Centeno sees possibility of rate hike smaller than 75 bps
LISBON (Reuters) -The next increase in interest rates by the European Central Bank could be smaller than the record 75…
Credit outlook darkens for non-financial companies, Moody’s says
By Juliette Portala (Reuters) – The outlook for credit conditions next year for non-financial companies in Europe, Middle East and…
Russia eases capital movement controls
MOSCOW (Reuters) – Russia’s central bank will in some cases allow authorised banks and state development bank VEB to export…
Nigerian subsidies constrain development, says World Bank
LAGOS (Reuters) – Nigeria’s subsidies on petrol, electricity and foreign exchange are mostly benefiting wealthy households, the World Bank said…
ECB’s Villeroy: inflation in France and Europe will peak in first half of 2023
PARIS (Reuters) – Inflation should reach its peak in France and in Europe by the first half of next year,…
U.S. Supreme Court rebuffs RBS ex-banker’s whistleblower award bid
By Andrew Chung (Reuters) – The Supreme Court on Monday declined to hear former Royal Bank of Scotland managing director…
Energy windfall improved Algeria’s economic position, says IMF
TUNIS (Reuters) – Higher energy prices have “materially improved” the Algerian economy’s near-term outlook, the International Monetary Fund (IMF) said…
Macron hosts European CEOs to counter US move temptation
PARIS (Reuters) – French President Emmanuel Macron on Monday will host a dinner with a number of European chief executives…
Greek economy to grow by 1.8% in 2023, rebound hurt by energy crisis
ATHENS (Reuters) -Greece’s economy should grow by 1.8% next year, at a slower pace than initially expected, as soaring energy…