Near 50-year high German inflation strengthens case for larger ECB rate rise
BERLIN (Reuters) -German inflation rose to its highest level in almost 50 years in August, beating a high set only three months earlie..
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Explainer-Why Russia drives European and British gas prices
By Susanna Twidale LONDON (Reuters) – The Nord Stream 1 pipeline that transports gas from Russia to Germany will undergo mainten..
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Carrefour CEO says inflation crisis turning consumers into penny-pinchers
PARIS (Reuters) – Cost-conscious French consumers are ditching fish, buying cheaper meat and snubbing organic food to save money..
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ECB must swiftly normalise rates; neutral may not be enough, Knot says
(Reuters) -The European Central Bank must swiftly normalise interest rates as inflation could still go higher and lifting rates to the..
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Exclusive-Iraqi Kurdistan’s oil output could halve without investment – documents
By Amina Ismail and Maha El Dahan ERBIL (Reuters) – Oil production in the Iraqi region of Kurdistan could almost halve by 2027 i..
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German EU-harmonised consumer prices up 8.8% y/y in August
(Reuters) – German consumer prices, harmonised to compare with other European countries, were up 8.8% on the year and rose by 0...
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OPENCAST TEAM SELECTS 10 CHARITIES TO SUPPORT IN 10TH YEAR AS DONATIONS PASS £100,000
Tyneside-headquartered tech consultancy Opencast has confirmed the names of 10 charities it will support in its 10th anniversary year ..
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EU sets sights on energy market reform as prices soar
By Kate Abnett BRUSSELS (Reuters) -The European Union is drafting emergency plans to intervene in its energy market, as pressure grows..
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Polish cabinet backs 2023 budget with 65 billion zloty deficit, PM says
WARSAW (Reuters) -The Polish government has approved a 2023 draft budget that envisages a deficit of around 65 billion zloty ($13.8 bi..
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Toyota’s July global vehicle output drops again, puts annual target in doubt
(Reuters) -Toyota Motor Corp said on Tuesday its July global vehicle production had fallen 8.6% year-on-year, missing its target for t..
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