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Overly optimistic markets might be caught out by rate hikes, ECB’s Knot says

The Cheap InvestorJune 7, 2023June 7, 20230

AMSTERDAM (Reuters) – Inflation expectations in financial markets seem overly optimistic, increasing the risk of renewed stress if monetary policy…

  • Economy
  • Elections

Analysis-Germany’s far-right rides high on anti-immigration, anti-green agenda

The Cheap InvestorJune 7, 2023June 7, 20230

By Sarah Marsh BERLIN (Reuters) – The far-right Alternative for Germany (AfD) is riding high in the polls to the…

  • Business
  • Economy

Danske Bank raises profit goal, puts Norway retail unit up for sale

The Cheap InvestorJune 7, 2023June 7, 20230

By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danske Bank on Wednesday raised its long-term earnings target and said it plans to divest…

  • Business
  • Economy

UK’s payments regulator lays down mandatory reimbursements in APP fraud victims

The Cheap InvestorJune 7, 2023June 7, 20230

(Reuters) -Britain’s Payment Systems Regulator (PSR) said on Wednesday it has made it mandatory for banks and payment firms to…

  • Business
  • Economy

Russia’s VTB to raise $1.2 billion from SPO in capital top-up

The Cheap InvestorJune 7, 2023June 7, 20230

By Elena Fabrichnaya MOSCOW (Reuters) – Russia’s No. 2 lender VTB expects to raise 94 billion roubles ($1.15 billion) in…

  • Business
  • Economy

ECB rate hikes make take longer than usual to feed through: Schnabel

The Cheap InvestorJune 7, 2023June 7, 20230

FRANKFURT (Reuters) – European Central Bank interest rate hikes could take longer than usual to pass through to the real…

  • Business
  • Economy

France’s Atos sees sales at loss-making unit bottoming out in 2024

The Cheap InvestorJune 7, 2023June 7, 20230

By Mathieu Rosemain PARIS (Reuters) -Atos, the struggling French IT consulting firm planning to split into two listed entities, said…

  • Environment
  • Europe

Nova Kakhovka dam largely destroyed, flooding extensive – Maxar satellite

The Cheap InvestorJune 7, 2023June 7, 20230

(Reuters) – Satellite images taken on Tuesday afternoon by Maxar Technologies showed extensive flooding in southern Ukraine with the region’s…

  • Business
  • Economy

Marketmind: China disappoints again, fanning speculation on stimulus

The Cheap InvestorJune 7, 2023June 7, 20230

A look at the day ahead in European and global markets from Sonali Desai China’s keenly awaited trade data for…

  • Environment
  • Europe

Factbox-What is the Kakhovka dam in Ukraine – and what happened?

The Cheap InvestorJune 7, 2023June 7, 20230

By Guy Faulconbridge (Reuters) – A huge Soviet-era dam on the Dnipro River that separates Russian and Ukrainian forces in…

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