German Inflation Beat Firms Case For Bigger ECB Rate Hike
BERLIN (Reuters) -German inflation rose to its highest level in nearly half a century in May on the back of…
May 2022
Nestle CEO Does Not See ‘significant’ Baby Formula Shortages Outside U.S.
ZURICH (Reuters) – Nestle does not expect “significant infant formula shortages” in other markets the Swiss food maker serves outside…
Brazil’s Embraer Aims For Growth In 2023-2026 After Pandemic Recovery
SAO JOSE DOS CAMPOS, Brazil (Reuters) -Brazilian planemaker Embraer SA expects a recovery in 2021-2022 while aiming for growth in…
Japan Govt Drops Timeframe For Budget Balancing Target
By Yoshifumi Takemoto and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government made no mention of a timeframe for balancing the…
NATO looks to ‘historic’ Madrid summit, with Sweden, Finland
BARCELONA, Spain (AP) — NATO Secretary-General Jens Stoltenberg said Monday that next month’s summit in Madrid will be a “historic”…
China Uses Digital Yuan To Stimulate Virus-hit Consumption
SHANGHAI (Reuters) – China is using the digital yuan to stimulate consumption in its pandemic-hit economy, with more e-CNY applications…
Oil Prices Climb Above $120 A Barrel Ahead Of EU Meeting On Russia Sanctions
By Noah Browning LONDON (Reuters) -Oil prices climbed above $120 a barrel on Monday, hitting their highest in more than…
Russia offers foreign debt payment system similar to gas one
MOSCOW (AP) — Russia said Monday it may use an arrangement similar to that used for payments for its gas…
German parties reach deal to move ahead with defense boost
BERLIN (AP) — Germany’s governing coalition and the main opposition party have reached a deal to move ahead with a…
Stellantis And Toyota To Expand Partnership With Large Commercial Van
(Reuters) -Stellantis said on Monday it would expand its partnership with Toyota Motor Europe (TME) with a new large commercial…