By Julia Payne and Ahmad Ghaddar LONDON (Reuters) – European refiners have found themselves oversupplied with crude as an expected…
ECB has ‘long way’ to go with rate hikes, Knot says
FRANKFURT (Reuters) – The European Central Bank still has a “long way” to go before interest rates peak, as inflation…
Canada home price index slides again in October -Teranet
OTTAWA (Reuters) – Canadian home prices dropped in October from the previous month, though less sharply than in September, while…
China’s JD.com says worst is over for consumer demand
(Reuters) -E-commerce firm JD.com Inc posted an 11.4% rise in third-quarter revenue on Friday, beating analysts’ estimates as COVID-19 lockdowns…
Canada October producer prices up 2.4% on petroleum products
Nov 18 (Reuters) – Producer prices in Canada rose by 2.4% in October from September on higher prices for refined…
China’s property prices to rise in 2023, sales to fall more slowly
BEIJING (Reuters) – China’s property sector will remain weak but will see a gradual recovery in 2023, economists said in…
ECB policymakers hint at slower rate hikes but quicker start to debt run-off
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank must raise interest rates high enough to dampen…
ECB could slow rate hikes, but bond run-off should start soon, Knot says
FRANKFURT (Reuters) – The European Central Bank may slow the pace of interest rate hikes but should soon start running…
Carmaker Jaguar Land Rover looks to hire hundreds of laid off tech workers
LONDON (Reuters) – Laid off tech industry workers in Britain could find a new home at Jaguar Land Rover (JLR),…
ECB must raise rates decisively; let bonds expire from start of 2023, Nagel says
FRANKFURT (Reuters) – The European Central Bank must continue to raise interest rates decisively and should start letting its oversized…