Headlines

Euro zone recovery gathers pace, allays fears of recession-PMI

Euro zone recovery gathers pace, allays fears of recession-PMI

LONDON (Reuters) – The recovery in euro zone business activity gathered pace last month as growth accelerated in the bloc’..

Morgan Stanley, others now forecast 4% peak for key ECB rate

Morgan Stanley, others now forecast 4% peak for key ECB rate

By Sudip Kar-Gupta (Reuters) -Morgan Stanley and two other investment banks have revised their forecasts for the European Central Bank..

British property portal Rightmove hikes dividend after annual profit jump

British property portal Rightmove hikes dividend after annual profit jump

(Reuters) -British real-estate portal Rightmove Plc on Friday raised its final dividend payment and posted a higher annual operating p..

Credit Suisse offers higher deposit rates in Asia to woo the wealthy – sources

Credit Suisse offers higher deposit rates in Asia to woo the wealthy – sources

By Selena Li HONG KONG (Reuters) -Credit Suisse is offering higher deposit rates than its rivals to attract new funds from wealthy cli..

Dollar firms after U.S. labor data suggests more rate hikes

Dollar firms after U.S. labor data suggests more rate hikes

By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar strengthened on Thursday after unemployment claims pointe..

Estonia’s pro-Kyiv government faces election test amid cost of living crisis

Estonia’s pro-Kyiv government faces election test amid cost of living crisis

By Andrius Sytas KOHTLA-JARVE, Estonia (Reuters) – One of Europe’s most staunchly pro-Ukrainian governments faces a challe..

Citi pledges to cut emissions for more sectors including coal

Citi pledges to cut emissions for more sectors including coal

LONDON (Reuters) -U.S. bank Citi on Thursday announced targets for cutting emissions tied to loans it makes to coal mining, auto, stee..

Britain’s Nationwide curbs cryptocurrency purchases by customers

Britain’s Nationwide curbs cryptocurrency purchases by customers

By Lawrence White and Elizabeth Howcroft LONDON (Reuters) – Britain’s Nationwide Building Society has restricted customers..

Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created

Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created

ROME (Reuters) – Italy’s unemployment rate rose slightly to 7.9% in January from an unrevised 7.8% the month before, natio..

Merck KGaA expects 2023 profit to slip as COVID demand wanes

Merck KGaA expects 2023 profit to slip as COVID demand wanes

By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday predicted 2023 earnings would slip due to a declin..