German finance ministry steps up 2024 budget pressure on ministries
BERLIN (Reuters) – Germany’s Finance Ministry has informed the other ministries of what budget funds will be available to them…
Business
US Congress averts historic default, approves debt-limit suspension
By Richard Cowan and Gram Slattery WASHINGTON (Reuters) – The U.S. Senate on Thursday passed bipartisan legislation backed by President…
Global airline summit to tackle travel boom, climate goals
By Tim Hepher, Joanna Plucinska and Aditi Shah ISTANBUL (Reuters) – Airlines will ride the crest of a faster-than-expected recovery…
Japan’s Nikkei closes at 32-year high as US default fears ease
By Rocky Swift TOKYO (Reuters) – Japanese stocks rose on Friday, with the benchmark Nikkei index closing at a three-decade…
Analysis-Lufthansa’s ITA deal heralds more European airline tie-ups
By Joanna Plucinska and Angelo Amante LONDON/ROME (Reuters) – Lufthansa’s purchase of a minority stake in Italy’s loss-making ITA Airways…
Analysis-Banks break taboo for high-risk bonds
By CarloGiovanni Boffa and Chiara Elisei (Reuters) – Investors who earned easy money with high-risk bonds invented after the financial…
U.S. regulation fears drive insurers’ climate alliance break-up
By Tommy Wilkes LONDON (Reuters) -The success of Republicans in triggering the break-up of a coalition of insurance firms aimed…
Australia’s largest pension fund freezes work with auditor PwC
By Lewis Jackson SYDNEY (Reuters) – Australia’s largest pension fund will pause use of the domestic unit of auditor PricewaterhouseCoopers…
Germany leads big bond rally as inflation finally heads down
By Yoruk Bahceli (Reuters) -Germany is leading the biggest rally in global bond markets since March’s banking rout as cooling…
Marketmind: Markets feel Friday cheer as signs point to Fed pause
A look at the day ahead in European and global markets from Ankur Banerjee A risk-on rally fuelled by rising…