ECB raises inflation projections through 2025
FRANKFURT (Reuters) – The European Central Bank revised up its inflation projections for the next three years on Thursday and…
Business
Uber to cease food delivery in Italy, exit Israel
AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where…
ECB raises rates to 22-year high and signals more to come
FRANKFURT (Reuters) – The European Central Bank raised interest rates for the eighth successive time as expected on Thursday and…
Philippines says China’s Yadea to invest $1 billion in e-motorcycle plant
(Changes headline, lead and paragraphs 2, 8 and 9 to show plan is for production of electric motorcycles, not motorcycle…
Stellantis invests 100 million euros in startups, mobility fund
By Joseph White DETROIT (Reuters) – The venture capital arm of automaker Stellantis said on Thursday it will invest about…
Marketmind: ECB day to follow a hawkish Fed
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. A day after the Federal Reserve…
European equity investors hunt for big returns in small places
By Lucy Raitano LONDON (Reuters) – Investors are turning their attention back to European small and mid-cap stocks as low…
Siemens’ new investment plan to create more than a 1000 jobs – CEO
Siemens’ 2 billion-euro ($2.17 billion) investment plan, announced on Thursday, is more than double the company’s cumulative investment spending over…
Odey Asset Management plans funds, staff moves in fight for survival
By Nell Mackenzie, Farouq Suleiman and Kirstin Ridley LONDON (Reuters) -Odey Asset Management is in advanced talks to move funds…
Japan’s Kishida to focus on spending, wages in policy roadmap – draft
By Takaya Yamaguchi TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida’s administration will pledge to boost childcare spending and focus on…