Headlines

UK business downturn eases after inflation data, BoE pause – PMI

UK business downturn eases after inflation data, BoE pause – PMI

LONDON (Reuters) – British services companies suffered a less severe downturn in September than first feared, reflecting a surp..

Euro zone economy likely contracted in Q3 amid waning demand

Euro zone economy likely contracted in Q3 amid waning demand

LONDON (Reuters) – The euro zone economy probably shrank last quarter, according to a survey which showed demand fell in Septemb..

Global bond rout deepens before receding on relief rally

Global bond rout deepens before receding on relief rally

NEW YORK/LONDON (Reuters) -A rout in government bond markets deepened on Wednesday with benchmark U.S. yields hitting fresh 16-year hi..

ECB’s Centeno says rate cycle likely completed, inflation retreating

ECB’s Centeno says rate cycle likely completed, inflation retreating

LISBON (Reuters) -The cycle of interest rate hikes by the European Central Bank has likely come to an end as inflation across the euro..

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19

ROME (Reuters) – Italy’s government has warned that a shortage of doctors and nurses in the national health service repres..

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year

BRUSSELS (Reuters) – Euro zone producer prices edged higher as expected month-on-month in August and plunged year-on-year on a s..

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock

HOUSTON (Reuters) – Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy’s main liquefi..

Central bank test lab develops global bitcoin mapping system

Central bank test lab develops global bitcoin mapping system

LONDON (Reuters) – A global central bank test lab has designed a prototype bitcoin monitoring system aimed at giving authorities..

Russian car sales jump in September as Chinese brands expand market share

Russian car sales jump in September as Chinese brands expand market share

(Reuters) – Car sales in Russia jumped by 148.6% year-on-year in September, continuing to rebound from a huge slump in 2022, ana..

Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug

Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug

JERUSALEM (Reuters) – Teva Pharmaceutical Industries said on Wednesday it will collaborate with French drugmaker Sanofi to co-de..