MADRID (Reuters) – The different inflation levels in euro zone countries make the European Central Bank’s monetary policy action challenging,…
Biden to meet with Ford CEO, UAW Friday on economy
By David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden on Friday will meet on the economy with business and labor…
German government deficit could hit 3.5% in 2023 – Spiegel
BERLIN (Reuters) – Germany’s government deficit could reach as high as 3.5% next year, the Spiegel news magazine reported on…
European refiners oversupplied as oil shortage fears subside
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…