By Joanna Plucinska and Ilona Wissenbach DUBLIN (Reuters) – German airline Lufthansa’s bid for a minority stake in Italy’s ITA…
U.S. Treasury launches debt limit cash management measures
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday began using extraordinary cash management measures to continue borrowing under the…
U.S. single-family housing starts rebound in December
WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded in December, but the increase was likely temporary as permits for future construction…
Crypto lender Genesis preparing to file for bankruptcy – Bloomberg News
(Reuters) – Cryptocurrency lender Genesis Global Capital is planning to file for bankruptcy as soon as this week, Bloomberg News…
Strike cuts French power supply, halts refinery shipments
By Forrest Crellin, Benjamin Mallet and America Hernandez PARIS (Reuters) -A nationwide strike against pension reform in France led to…
UniCredit CEO says 2022 shareholder payout could top 2021
MILAN (Reuters) – Italy’s UniCredit may have room to pay out more to shareholders from 2022 earnings than the year…
ECB pushes back against bets on smaller rate hikes
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank pushed back on Thursday against market bets that…
Fed’s Collins sees U.S. interest rate hike peak “just above” 5%
By Lindsay Dunsmuir (Reuters) – The Federal Reserve will probably need to raise interest rates to “just above” 5% and…
Turkey presses strained retailers for price freezes ahead of elections
By Ceyda Caglayan and Can Sezer ISTANBUL (Reuters) – Turkey’s unusual request that its retailers partially freeze prices ahead of…
EuroGroup Laminations aims to rekindle Milan IPO market
By Elisa Anzolin and Federico Maccioni MILAN (Reuters) -Italy’s EuroGroup Laminations, a maker of electric motor components, said on Thursday…