Author Archives: Syndicated Content
ECB survey sees rise in short- and long-term inflation exactions
FRANKFURT (Reuters) - Euro zone inflation is set to be higher than forecast just a few months ago and even longer-term expectations are moving above the European Central Bank's 2% target, a fresh ECB ...
Jul 22, 2022
Euro zone business activity contracted in July as price rises bite – PMI
LONDON (Reuters) - Euro zone business activity unexpectedly contracted this month due to an accelerating downturn in manufacturing and a near-stalling of service sector growth as burgeoning costs push...
Jul 22, 2022
Daimler Truck starts production of second electric truck, the eEconic
BERLIN (Reuters) - Daimler Truck has started production of its second electric model, an inner-city waste disposal truck named the eEconic, the company said on Friday, as it seeks to capture market sh...
Jul 22, 2022
Spain says ECB’s tool to control government bond spreads are ‘appropriate’
MADRID (Reuters) - Spain's Economy Minister Nadia Calvino said that the European Central Bank's tools to try to keep government bond spreads down are adequate. "The tools the ECB is using right now an...
Jul 22, 2022
China criticises Japan’s defence white paper
BEIJING (Reuters) - China's Foreign Ministry firmly opposes Japan's new defence white paper and sent stern representations to Tokyo about it, a spokesman said on Friday. Japan warned in the annual pap...
Jul 22, 2022
Reports of dead in Libya as clashes strike capital
TRIPOLI (Reuters) - Intense clashes erupted between rival factions in Libya early on Friday with reports of several people killed amid growing concern that a political standoff could prompt renewed co...
Jul 22, 2022
Alpha Bank to sell bad loan portfolio to Hoist Finance
ATHENS (Reuters) - Alpha Bank, one of Greece's four largest lenders, said on Friday it signed a binding agreement to sell a 400 million euro ($407 million) portfolio of unsecured bad loans to Hoist Fi...
Jul 22, 2022
Take Five: It’s a Fed hot summer
A likely second straight 75 basis point rate hike from the U.S. Federal Reserve will keep markets on their toes in the week ahead, just as investors digest a wave of earnings from corporate America an...
Jul 22, 2022
Nord Stream flows stable, Eastbound Yamal flows decline
LONDON (Reuters) - Physical flows of Russian gas through Nord Stream 1 pipeline to Germany remained stable on Friday, while eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany dec...
Jul 22, 2022
Contract workers striking at South Korea’s Daewoo shipyard reach agreement – Yonhap
SEOUL (Reuters) - Daewoo Shipbuilding & Marine Engineering has reached an agreement with striking contract workers, Yonhap news agency reported on Friday, in a dispute which the shipbuilder said had c...
Jul 22, 2022
