By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar started the week on the back foot, hitting a…
France to push for ‘Made in Europe’ strategy at February EU summit
By Jan Strupczewski BRUSSELS (Reuters) – France wants the European Union to adopt a “Made in Europe” industrial strategy in…
EU’s Dombrovskis: Some positive economic signs but must remain vigilant
BRUSSELS (Reuters) – The European Union might escape the steep economic recession some had predicted several months ago, when energy…
Morgan Stanley cuts year-end dollar forecast
(Reuters) -Morgan Stanley cut its 2023 year-end forecast for the dollar index to 98, and expects the greenback’s weakness to…
EU Commission wants first joint purchases of gas by summer
BRUSSELS (Reuters) – The European Commission aims for EU countries to start jointly buying gas “well before summer”, European Commission…
House Speaker says Democrats should cap spending to avoid U.S. debt default
WASHINGTON (Reuters) – House of Representatives Speaker Kevin McCarthy said on Sunday he believes Democrats would agree to cap government…
Taiwan chipmaker UMC imposes strict cost controls over weak demand
TAIPEI (Reuters) – Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of…
Tesla under fire in Germany over union concerns on working hours, contracts
BERLIN (Reuters) – Tesla has come under fire from German union IG Metall and politicians over allegations by workers of…
Italy’s Eni, Esso offices raided in antitrust probe over fuel price breaches
MILAN (Reuters) – Italy’s antitrust authority said on Monday the offices of several oil companies, including Italy’s Eni and Exxon…
Take Five: Much to say in Tokyo (and Davos)
LONDON (Reuters) -Japan’s central bank looks set to raise its inflation forecasts and debate further policy tweaks, just as business…