Headlines

Sovereign debtors, creditors agree on steps to jumpstart debt restructurings

Sovereign debtors, creditors agree on steps to jumpstart debt restructurings

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BoE’s Bailey says bank reforms worked but questions about liquidity buffers

BoE’s Bailey says bank reforms worked but questions about liquidity buffers

Speaking at the same event, Pablo Hernandez de Cos, chair of the Basel Committee, whose members include the BoE and which sets global..

G7 finance leaders pledge financial stability, supply chain diversity

G7 finance leaders pledge financial stability, supply chain diversity

The ministers said that supply chains needed to achieve both efficiency and resilience, helping to maintain macroeconomic stability a..

UK housing market weakness continues, improvement on the horizon – RICS

UK housing market weakness continues, improvement on the horizon – RICS

By Suban Abdulla LONDON (Reuters) – Britain’s housing market continued to feel the pinch of higher borrowing costs in Marc..

Oil jumps on lower-than-expected US inflation data

Oil jumps on lower-than-expected US inflation data

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Res..

Germany’s Merck to invest 300 million euros in US gas plant

Germany’s Merck to invest 300 million euros in US gas plant

(Reuters) -Germany’s Merck on Wednesday said it will invest about 300 million euros ($328 million) to develop an integrated spec..

Inflation trumps financial risks as central bank tightening set to continue

Inflation trumps financial risks as central bank tightening set to continue

International economic officials gathering in Washington this week for the IMF and World Bank spring meetings can take some comfort t..

UK recruiters slow pace of pay growth in March, REC survey shows

UK recruiters slow pace of pay growth in March, REC survey shows

By Suban Abdulla LONDON (Reuters) – Britain’s labour market showed signs of a slowing in the sharp pace of pay growth in M..

Norway wealth fund employee sues for workplace gender discrimination

Norway wealth fund employee sues for workplace gender discrimination

By Gwladys Fouche OSLO (Reuters) -A court in Oslo on Wednesday began hearing a gender discrimination case brought by an employee at No..

Mercedes posts rise in Q1 sales boosted by EVs, premium cars

Mercedes posts rise in Q1 sales boosted by EVs, premium cars

(Reuters) -Mercedes-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium c..