• Exclusive: EU drafts plan to allow electric cars with combustion engine

    Brussels proposes an exception for electric fuel cars from 2035 Germany is still examining EU draft proposal Berlin sees the technological state as problematic Goal to make a decision by Thursday BERLIN/BRUSSELS, March 21 (Reuters) – The European Commission has drawn up a plan to allow the sale of new combustion engine cars after 2035 […]

  • The quest for safety is easing as markets process Credit Suisse’s bailout

    Credit Suisse plunges more than 60% after an emergency takeover over the weekend European Banks Backtrack Some Ground After Initial 5% Drop Treasury bonds and gold rise as investors seek safety Wall Street opens flat, First Republic Bank collapses LONDON, March 20 (Reuters) – European banking stocks fought back from an early slump on Monday […]

  • ECB interest rate hike expected after Switzerland supports Credit Suisse

    Stocks rise as Switzerland provides Credit Suisse with lifeline Bond yields are rising, ECB expected rate hikes of as much as 50 basis points Oil climbs from 15-month low Graphic: World FX Rates LONDON, March 16 (Reuters) – European markets rallied on Thursday, as a 50 billion Swiss franc ($53.94 billion) lifeline for beleaguered lender […]

  • China’s Jan-Feb trade slumps again as global demand falters

    BEIJING, March 7 (Reuters) – Chinese exports fell for the January-February period, pointing to continued weakness in foreign demand and supporting government concerns that a global slowdown could hamper the country’s recovery from damage from the pandemic era will hinder. Imports also fell, government data showed on Tuesday, also reflecting weak foreign demand as the […]

  • IMF flags hurdles for debt restructuring, says banning crypto should be an option

    BENGALURU, Feb. 25 (Reuters) – There are some disagreements over debt restructuring for distressed economies, the International Monetary Fund chief said Saturday on the sidelines of a G20 meeting, adding that banning private cryptocurrencies would be an option. must be. India’s G20 presidency comes at a time when South Asian neighbors Sri Lanka, Bangladesh and […]

  • Asian equities fall on fears of aggressive hikes from central banks

    HONG KONG, Feb. 22 (Reuters) – Asian stocks fell to a 47-day low on Wednesday as heightened interest rate prospects and geopolitical tensions weighed on risky assets. MSCI’s broadest index of Asia-Pacific stocks outside Japan (.MIAPJ0000PUS) fell 1.02%, reaching its lowest level since January 6. Japan’s Nikkei (.N225) fell 1.32%, its worst performance in about […]

  • EU carbon reaches €100, pushing the cost of pollution to a record high

    The EU achieved reforms at the end of last year The April deadline for submitting permits drove buying Shift from Russian gas to coal added to demand LONDON, Feb. 21 (Reuters) – The price of permits in the European Union’s carbon market hit 100 euros ($106.57) per tonne for the first time on Tuesday, a […]

  • Four-day workweek favored by UK employers in world’s largest trial

    Nine out of ten pilot farms adhere to a four-day working week Companies say that employees work more in less time The four-day work week is gaining traction, but some companies are still hesitant LONDON, Feb. 21 (Reuters) – Dozens of British employers trying out a four-day work week have mostly decided to stick with […]

  • Exclusive: US Sanctions Authority Investigates Raiffeisen on Russia

    FRANKFURT/VIENNA, Feb. 17 (Reuters) – The United States sanctions authority has launched an investigation into Raiffeisen Bank International (RBIV.VI) over its activities related to Russia, leading the Austrian lender, which plays a crucial role in the Russian economy. In response to questions from Reuters, the bank said it received a request in January from the […]