Headlines

Swedish January inflation up as expected, rate cut set for mid-year

Swedish January inflation up as expected, rate cut set for mid-year

STOCKHOLM (Reuters) – Headline Swedish inflation picked up pace as expected in January, data showed on Monday, and if the increa..

Dollar stands firm as sticky US inflation dents rate cut expectations

Dollar stands firm as sticky US inflation dents rate cut expectations

SINGAPORE (Reuters) -The dollar was steady on Monday after data last week showing U.S. inflation remained sticky cast doubts on when ..

Asia shares sputter as China returns with low energy

Asia shares sputter as China returns with low energy

SYDNEY (Reuters) -Asian shares struggled to make much ground on Monday as fading chances for early rate cuts globally soured the mood ..

Westpac sees monetary policy ‘less restrictive’ over next year, Q1 profit drops

Westpac sees monetary policy ‘less restrictive’ over next year, Q1 profit drops

(Reuters) -Westpac Banking Corp said it sees scope for monetary policy in Australia to become less restrictive within the next year, w..

Spanish conservatives retain majority in Galicia regional vote

Spanish conservatives retain majority in Galicia regional vote

MADRID (Reuters) -Spain’s opposition conservative People’s Party retained its absolute majority in its stronghold in the n..

UK shoppers pick up their spending, signalling quick end to recession

UK shoppers pick up their spending, signalling quick end to recession

LONDON (Reuters) -British retail sales jumped by the most in almost three years in January as consumers recovered their appetite for s..

Eni beats Q4 profit forecasts helped by favourable arbitration

Eni beats Q4 profit forecasts helped by favourable arbitration

By Francesca Landini MILAN (Reuters) -Italian energy group Eni on Friday reported fourth-quarter adjusted net profit of 1.64 billion ..

Swiss Re 2023 net profit surges, in line with expectations

Swiss Re 2023 net profit surges, in line with expectations

FRANKFURT (Reuters) -Reinsurance company Swiss Re said on Friday that net profit for 2023 surged 580%, in line with expectations, as i..

Mahindra to use Volkswagen electric components, battery cells

Mahindra to use Volkswagen electric components, battery cells

BERLIN (Reuters) -Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of t..

ECB’s Villeroy: should not hold off first rate cut for too long

ECB’s Villeroy: should not hold off first rate cut for too long

PARIS (Reuters) – There are several compelling reasons why the European Central Bank should not hold off for too long on an init..