ECB hawks warn over sticky inflation as rate peak nears
FRANKFURT (Reuters) -Euro zone inflation is stubborn and may require a protracted period of high interest rates to contain, partly…
Business
Olympics-Police raid consulting agency as part as Paris 2024 probes -judicial source
PARIS (Reuters) – The headquarters of the Keneo sports consulting agency have been searched by French police in the course…
Canada’s strong retail sales for April, May bolster chances for rate hike
OTTAWA (Reuters) -Canadian retail sales grew much more than expected in April and will likely post another gain in May,…
Coinbase waged unusual legal defense ahead of SEC’s crypto crackdown
By Jody Godoy (Reuters) – Months before cryptocurrency exchange Coinbase became the biggest target of the U.S. crackdown on digital…
Exclusive-Credit Suisse seeks to win back clients back with above-market rates
By Vidya Ranganathan and Stefania Spezzati SINGAPORE/LONDON (Reuters) – Credit Suisse, driven into a rescue by UBS after heavy cash…
VW audits Xinjiang plant as rights group pressures car makers
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Germany’s top carmakers were challenged by a Berlin-based rights group on Wednesday…
Factbox-Aviation emissions targets in focus at Paris Airshow
By Joanna Plucinska PARIS (Reuters) – Big deals at this week’s Paris Airshow have highlighted a sharp recovery in air…
Portugal says keeping Lisbon hub is key in TAP airline sale, not price
By Sergio Goncalves LISBON (Reuters) – Keeping Lisbon’s airport hub and safeguarding TAP’s strategic role for Portugal will be key…
China unveils $72 billion tax break for EVs, other green cars to spur demand
By Qiaoyi Li and Liz Lee BEIJING/SHANGHAI (Reuters) -China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package of…
Yellen to push for concrete actions at Paris debt summit
(Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week…