Inflation Fears Grip Markets As Bonds, Stocks Extend Selloff
By Saikat Chatterjee LONDON (Reuters) – Global government bonds extended a bruising selloff on Monday and the dollar resumed its…
June 2022
ECB’s Kazimir: We Need To Raise Rates By 50 Bps In September
(Reuters) – The European Central Bank needs to speed up the pace of interest rate tightening to 50 basis points…
Germany moves ahead with plan to legalize cannabis sales
BERLIN (AP) — The German government is setting in motion plans to legalize the sale of cannabis for recreational purposes,…
Amazon Offers More Access To Rivals To Avert Any EU Antitrust Fine, Sources Say
BRUSSELS (Reuters) – Amazon has offered to limit its use of seller data and boost the visibility of rival products…
Germany slips behind China as top importer of Russian energy
BERLIN (AP) — China has overtaken Germany as the biggest buyer of Russian energy exports since the start of the…
Czech brewer Budvar reports record export increase in 2021
PRAGUE (AP) — Budvar, the Czech brewer that has been in a long legal dispute with U.S. company Anheuser-Busch over…
Striking S.Korean Truckers Say They May Block Coal To Power Plant
By Byungwook Kim and Heekyong Yang SEOUL (Reuters) -Striking South Korean truckers are considering blocking shipments of coal to a…
Major Crypto Lender Celsius Freezes Withdrawals As Markets Tumble
By Tom Wilson, Alun John and Abinaya V LONDON (Reuters) -Major U.S. cryptocurrency lending company Celsius Network on Monday froze…
Nasdaq Futures Tumble 3% On Aggressive Rate Hike Bets
(Reuters) – Futures tracking the tech-heavy Nasdaq tumbled nearly 3% on Monday as a widely watched part of the Treasury…
Euro Zone To Avoid Recession, Growth To Accelerate In Q3 – ECB Survey
FRANKFURT (Reuters) – The euro zone will avoid a recession this year and growth will accelerate noticeably after bottoming out…