Germany has support of many states on debt rules – Finance Minister
(Reuters) -German Finance Minister Christian Lindner said there were many member states that share Germany’s position on reforms to the…
Business
Southeast Asia to set ‘guardrails’ on AI with new governance code -sources
By Fanny Potkin and Panu Wongcha-um SINGAPORE/BANGKOK (Reuters) -Southeast Asian countries are drawing up governance and ethics guidelines for artificial…
Global banks raise forecast to 4% peak for key ECB rate
(Reuters) -Major global investment banks lifted their terminal rate forecast for the European Central Bank to 4% in September, after…
Euro zone needs still higher ECB rates, tighter fiscal policy -IMF
By Jan Strupczewski BRUSSELS (Reuters) – The European Central Bank should continue to raise rates to bring down inflation and…
Volkswagen to face investor grilling on China, costs at capital markets day
By Jan Schwartz and Victoria Waldersee (Reuters) – Volkswagen will face investors hungry for answers at its capital markets day…
Nikkei clinches fresh three-decade high as BOJ stands pat
(Reuters) – Japan’s Nikkei notched a fresh three-decade high and its 10th consecutive weekly gain on Friday, as investors cheered…
Bundesbank sees German economy shrinking this year
FRANKFURT (Reuters) – The German economy, Europe’s biggest, will shrink this year and inflation will stay above 2% at least…
India’s TCS, Transamerica end $2 billion contract due to macro environment
BENGALURU (Reuters) -Indian information technology (IT) company Tata Consultancy Services said on Friday it has mutually agreed with insurance provider…
Westpac raises Australia cash rate peak forecast to 4.6%
SYDNEY (Reuters) – Westpac on Friday lifted its forecast for Australia’s cash rate peak to 4.6%, tipping quarter-point hikes in…
U.S. hotel markets recover from the pandemic; San Francisco an outlier
By Doyinsola Oladipo NEW YORK (Reuters) – A snapshot of 15 major U.S. hotel markets shows that travel to cities…