(Reuters) -Morgan Stanley cut its 2023 year-end forecast for the dollar index to 98, and expects the greenback’s weakness to…
Germany joins battle against EU ban on financial product commission
By Huw Jones LONDON (Reuters) – Banning commission-based sales of financial products from banks and insurers would be a “serious…
EU Commission wants first joint purchases of gas by summer
BRUSSELS (Reuters) – The European Commission aims for EU countries to start jointly buying gas “well before summer”, European Commission…
China to boost spending for COVID prevention, treatment
BEIJING (Reuters) – China’s finance ministry said on Monday it will boost funding for COVID-19 prevention and control, urging local…
Bain Capital explores Virgin Australia IPO as aviation market improves
By Scott Murdoch and Jamie Freed SYDNEY (Reuters) -Bain Capital said on Monday it is looking to relist airline Virgin…
Japan’s top economic panel debates potential shift away from ‘Abenomics’
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) – The Japanese government’s top economic policy panel on Monday held its…
House Speaker says Democrats should cap spending to avoid U.S. debt default
WASHINGTON (Reuters) – House of Representatives Speaker Kevin McCarthy said on Sunday he believes Democrats would agree to cap government…
Factbox-Workers vs Macron: What to expect from Thursday’s strike
PARIS (Reuters) – France’s labour unions have made a rare joint call for major strike action on Thursday against plans…
Toyota says it could produce 10.6 million vehicles in 2023
TOKYO (Reuters) -Toyota Motor Corp on Monday said it could produce as many as 10.6 million vehicles this year, while…
Taiwan chipmaker UMC imposes strict cost controls over weak demand
TAIPEI (Reuters) – Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of…