…If Jay Powell needed further evidence to bolster the US central bank ’s case for scaling back its enormous stimulus programme more quickly, he secured…
Thursday’s European Central Bank meeting looks like a crucial one – officials are set to call time on pandemic-triggered stimulus.
The number of British manufacturers raising prices has hit its highest in at least two decades.
German wholesale prices rose by 16.6% on the year in November, official data showed on Monday, recording their biggest annual rise since data collection for the measure began in 1962 and suggesting higher consumer prices may follow.
India stocks were lower after the close on Monday, as losses in the Real Estate, Oil & Gas and Fast Moving Consumer Goods sectors led shares lower.
French Finance Minister Bruno Le Maire said on Monday that France’s economic growth this year will be better than the government’s forecast of 6.25%, even though inflation was currently strong and weighing on people’s spending power.
An experienced team of managers should smooth leadership change at Inditex (MC:ITX) next year, when the family of billionaire founder Amancio Ortega will tighten its grip on the world’s biggest fashion retailer.
-Israel’s banking regulator said on Monday that Israeli banks could resume regular divided payouts starting in 2022, cancelling a temporary directive made at the outset of the COVID-19 pandemic while cautioning banks over market uncertainty caused by the virus.
The moves come after three central bank interest rate cuts in quick succession despite inflation topping 21% has triggered a more than 40% slump in the lira since September.
The Turkish lira crashed to a record low of nearly 15 lira to the dollar before rebounding slightly in early trading on Monday, though the exchange rate remains volatile.