BIS warns of $80 trillion of hidden FX swap debt
By Marc Jones LONDON (Reuters) – The Bank for International Settlements (BIS) has warned that pension funds and other ‘non..
Finance
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ECB’s Makhlouf expects 50 bps rate hike in December
(Corrects first paragraph to say rates ‘may have to move into restrictive territory’, not ‘would have to’) By ..
Finance
UK new car sales rise in November, fail to zoom past 2019 levels- SMMT
(Reuters) – British new car registrations jumped nearly 24% in November from a year earlier to record their fourth straight mont..
Headlines
Oil prices rise after OPEC+ keeps output steady, Russian price cap imposed
By Noah Browning LONDON (Reuters) -Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European ..
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Tax credits for EU electric vehicles to dominate Monday’s trade talks with U.S
By David Lawder COLLEGE PARK, Md. (Reuters) -Top European Union officials are aiming to be more vocal at a trade meeting with their U...
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Euro zone likely heading into mild recession-PMI
LONDON (Reuters) – Euro zone business activity declined for a fifth month in November, suggesting the economy was sliding into a..
Headlines
Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt
BERLIN (Reuters) – Volkswagen Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at..
Headlines
Trafigura enters $3 billion loan to supply Germany’s Sefe with gas
FRANKFURT (Reuters) – Commodities trading firm Trafigura on Monday said it has entered into a $3 billion four-year loan to suppl..
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Asia shares bank on eventual China opening; oil gains
By Wayne Cole SYDNEY (Reuters) – Asian shares extended their rally on Monday as investors hoped steps to unwind pandemic restric..
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China’s patchy COVID easing sows confusion but comforts investors
By Ryan Woo and Martin Quin Pollard BEIJING (Reuters) -A partial easing of the world’s toughest COVID-19 curbs sowed confusion a..
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