LONDON – The European Central Bank raised interest rates for the fourth time in a row on Thursday, and outlined…
Canadian housing starts dip 0.2% in November; beat estimate
TORONTO (Reuters) – Canadian housing starts edged lower in November compared with the previous month as a drop in single-detached…
Meta halts construction of two data centres in Denmark
COPENHAGEN (Reuters) – Meta Platforms Inc has halted construction of two data centres in Odense, Denmark, and will instead focus…
China mulls new measures to support real estate sector – vice premier
BEIJING (Reuters) – China is mulling new measures to support its real estate sector in order to improve the balance…
ECB raises rates again, outlines balance sheet run off
FRANKFURT (Reuters) – The European Central Bank raised interest rates by half a percentage point on Thursday, its fourth successive…
ECB raises inflation, cuts 2023 growth projection
FRANKFURT (Reuters) – The European Central Bank raised its inflation projections for the euro zone on Thursday and said price…
Aramco and TotalEnergies to build $11 billion Saudi petrochemicals plant
PARIS (Reuters) -Saudi Arabian Oil Company (Aramco) and TotalEnergies will join forces to build a new petrochemicals complex in Saudi…
UK watchdog narrows dividend-stripping investigation
By Kirstin Ridley LONDON (Reuters) – A British investigation into a trading scheme that claimed multiple tax rebates on dividend…
UN hopeful for Russian fertiliser exports breakthrough
By Emma Farge GENEVA (Reuters) -A senior U.N. official on Thursday voiced optimism that there would be a breakthrough in…
ECB nudges up UniCredit’s capital requirement to shore up defences
By Valentina Za MILAN (Reuters) – The European Central Bank has slightly increased the amount of capital UniCredit must hold…