China’s securities regulator, central bank cut staff pay budgets
SHANGHAI (Reuters) – China’s securities regulator and central bank cut the budget allocation for employee salaries in 2023, following reforms…
Business
Euro zone industry output falls sharply, with Ireland plunge
BRUSSELS (Reuters) – Euro zone industrial production fell by far more than expected in March as output of capital goods…
EU exec sees stronger 2023, 2024 euro zone growth, but higher inflation
By Jan Strupczewski BRUSSELS (Reuters) – Euro zone economic growth will be faster than previously expected this year and next…
ECB rate hike impact on inflation small so far, but more coming: ECB Bulletin
FRANKFURT (Reuters) – Rapid European Central Bank rate hikes lowered inflation modestly last year but the biggest impact is expected…
Analysis-Consultancy firms in China tested limits before Beijing’s crackdown
By Engen Tham and James Pomfret SHANGHAI/HONG KONG (Reuters) – China’s clampdown on its consultancy and due diligence sector has…
India’s WPI falls for first time in 3 years in April
NEW DELHI (Reuters) -India’s annual wholesale price index (WPI) fell for the first time in nearly three years in April,…
Swedish inflation dips more than expected in April, easing cbank worries
STOCKHOLM (Reuters) – Inflation in Sweden slowed faster than expected in April, data from the statistics office showed on Monday,…
Silicon Valley automotive ethernet chip startup Ethernovia raises $64 million
By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it…
EU commission sees Germany 2023 GDP growth at 0.2%, Italy 1.2% – newspaper
ROME (Reuters) – The European Commission will forecast Germany’s economic growth this year at 0.2%, while projecting a 1.2% rate…
India’s retail inflation may ease to cenbank’s 4% target in May -economists
MUMBAI (Reuters) – India’s headline retail inflation in May is likely to fall further towards 4% — the midpoint of…