MADRID (Reuters) -Truck drivers, who brought Spain to a halt earlier this year, began a new strike on Monday as…
Euro zone wages finally rising but inflation expectations muted, ECB VP says
FRANKFURT (Reuters) – Euro zone wage growth may finally be picking up but longer-term inflation expectations are still anchored around…
OPEC cuts oil demand growth forecast again as economic challenges mount
By Alex Lawler LONDON (Reuters) -OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth…
Italy aims to bring Telecom Italia network under state control
ROME (Reuters) -Italy’s new government wants to bring Telecom Italia’s (TIM) network under state control to speed up the digitalization…
Factbox-German government’s plan to reform welfare
BERLIN (Reuters) – Germany’s upper house of parliament blocked a landmark welfare reform on Monday that was meant to raise…
Czech wage growth below 5% needed to tame inflation, central bank governor says
PRAGUE (Reuters) – Czech central bank Governor Ales Michl said on Monday the state budget deficit needed to shrink and…
Indonesia, ADB launch first coal power plant retirement deal
By David Lawder NUSA DUA, Indonesia (Reuters) -Indonesia, the Asian Development Bank and a private power firm said on Monday…
India’s October WPI inflation eases to 8.39% y/y
NEW DELHI (Reuters) – India’s annual wholesale price-based inflation (WPI) eased in October to 8.39% year-on-year, the lowest since March…
Yellen hopes Biden-Xi G20 meeting will boost U.S.-China economic engagement
By David Lawder NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Janet Yellen said she hopes President Joe Biden’s meeting…
Turkey central bank firms grip on lira as election approaches
By Nevzat Devranoglu ANKARA (Reuters) -Turkey’s central bank has put the finishing touches to a reserve-management system that has stabilised…