By Indradip Ghosh BENGALURU (Reuters) – Euro zone business activity shrank at the slowest pace in four months in December,…
Japan approves tax-code revision, more funds for defence build-up
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s ruling bloc formally agreed on Friday to revise the national tax code for the…
Italy’s Fincantieri sees scope to expand naval sales on security fears
By Elisa Anzolin MILAN (Reuters) – Italian shipbuilder Fincantieri expects to increase sales in its naval business in the coming…
Ericsson shares extend fall after outlook disappoints
(Reuters) – Shares in Sweden’s Ericsson extended their losses on Friday a day after a strategy update in which the…
Strong ECB statement equivalent to a bigger rate hike, Holzmann says
VIENNA (Reuters) – The European Central Bank’s message that it is serious about fighting inflation was a strong signal equivalent…
Italy, November EU-harmonised CPI revised to +12.6% y/y
(Reuters) – Italian EU-harmonised consumer prices (HICP) rose 0.7% month-on-month in November and were also up 12.6% from the year…
UK downturn moderates in December but recession begins – PMI
By Andy Bruce LONDON (Reuters) -The downturn across most British businesses eased slightly this month but manufacturers struggled and the…
Philippines’ Marcos cheers ‘Christmas gift’ of $95 billion state budget
MANILA (Reuters) – Philippine President Ferdinand Marcos Jr on Friday signed into law the 2023 budget bill which authorises a…
Greek jobless rate drops to 11.6% in third quarter
ATHENS (Reuters) – Greece’s jobless rate fell to 11.6% in the third quarter from 12.4% in the second quarter of…
UniCredit signs asset management accord with Azimut
By Valentina Za MILAN (Reuters) – UniCredit has struck an accord with asset manager Azimut Holding in a move that…