Global equity funds attract biggest inflow in 12 weeks
(Reuters) – Global equity funds witnessed their largest inflow in 12 weeks, as stocks surged on expectations that subdued U.S….
Business
Euro zone May inflation confirmed at 6.1% yr/yr, core eases
BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office confirmed on Friday, with…
UK public’s inflation expectations ease in May, Bank of England survey shows
LONDON (Reuters) -The British public’s expectations for inflation in the coming 12 months cooled in May, according to a Bank…
Italian EV startup Aehra unveils new premium sedan
By Giulio Piovaccari MILAN (Reuters) – Italian electric-vehicle startup Aehra on Friday unveiled its new, European-made sedan which will serve…
VinFast posts deeper loss in Q1, eyes July completion of SPAC merger
HANOI (Reuters) – Vietnamese electric vehicle (EV) maker VinFast has reported a drop in first-quarter revenue by 49%, with a…
Intel facility is largest greenfield investment in Poland, PM says
WARSAW (Reuters) – Polish Prime Minister says Intel’s new semiconductor assembly and test facility near Wroclaw, western Poland, will the…
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…
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…