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Euro zone July inflation confirmed at 8.9% y/y, core measure sharply up

Euro zone July inflation confirmed at 8.9% y/y, core measure sharply up

BRUSSELS (Reuters) – Euro zone inflation reached a new record high of 8.9% year-on-year in July, the EU’s statistics offic..

German heat pump bonanza test industry’s resilience in Russian gas crunch

German heat pump bonanza test industry’s resilience in Russian gas crunch

By Thomas Escritt HOLZMINDEN, Germany (Reuters) – In a way, Stiebel Eltron has never had it so good. The heating manufacturer’..

Norway and New Zealand deliver latest big rate hikes

Norway and New Zealand deliver latest big rate hikes

LONDON (Reuters) -The Norwegian and New Zealand central banks this week both delivered yet more interest rate hikes and signalled furt..

Bank of England sets out plans to sell $23 billion corporate bond stockpile

Bank of England sets out plans to sell $23 billion corporate bond stockpile

By David Milliken LONDON (Reuters) – The Bank of England set out plans on Thursday to auction off around 200 million pounds ($24..

Poland’s PGNiG in talks to get more gas from Norway through new Baltic Pipe

Poland’s PGNiG in talks to get more gas from Norway through new Baltic Pipe

WARSAW/GDANSK (Reuters) -Poland’s PGNiG is in advanced talks to source more gas from Norway through the new Baltic Pipe linking ..

Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports

Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports

By Elizabeth Howcroft LONDON (Reuters) -Tether, the world’s largest stablecoin, said on Thursday it had appointed accounting fir..

Exclusive-China regulator launches new probe into banks’ property loan exposure – sources

Exclusive-China regulator launches new probe into banks’ property loan exposure – sources

By Engen Tham and Ziyi Tang SHANGHAI/BEIJING (Reuters) -China’s banking regulator is scrutinising property loan portfolios of so..

Stocks gain, shrugging off latest policymaker inflation concerns

Stocks gain, shrugging off latest policymaker inflation concerns

By Tommy Wilkes LONDON (Reuters) -European stocks reversed early losses on Thursday as investors remained bullish even after Federal R..

Yangtze tributary runs dry as China faces another month of drought

Yangtze tributary runs dry as China faces another month of drought

By Thomas Suen and David Stanway CHONGQING/SHANGHAI (Reuters) -Residents living near a tributary of the Yangtze river in the southwest..

Analysis-U.S. retail traders pile back into options as meme-stock mania flares

Analysis-U.S. retail traders pile back into options as meme-stock mania flares

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Speculative options trading is on the rise again among individual investors alongside ..