Bank of England poised to raise rates again to tackle stubborn inflation
By William Schomberg LONDON (Reuters) – The Bank of England (BoE) is poised to raise borrowing costs for the 12th…
Europe
US oil lobby blasts EPA emissions cuts plan, California likes it
By David Shepardson WASHINGTON (Reuters) – The largest U.S. oil and gas trade lobby group said on Wednesday it believes…
Bank of America opens Luxembourg branch in Europe funds push
LONDON (Reuters) – Bank of America has hired former BNP Paribas banker Benoit Nevouet to be the manager of a…
Lufthansa suffers blow as EU court backs Ryanair challenge against bailout
By Foo Yun Chee and Ilona Wissenbach BRUSSELS (Reuters) – Lufthansa suffered a setback on Wednesday after Europe’s second-highest court…
Stocks rise as U.S. inflation trends lower, bond yields slide
By Herbert Lash NEW YORK (Reuters) – A gauge of global stock markets rose and bond yields slid on Wednesday…
Dollar in holding pattern, inflation data provides little clarity on rates
By Laura Matthews NEW YORK (Reuters) – The dollar remained stable against a basket of currencies on Wednesday as data…
EU’s Vestager says ‘all options on the table’ after Lufthansa/SAS rulings
BRUSSELS (Reuters) – The European Union’s top competition official on Wednesday said “all options” were on the table but did…
Son of jailed Hong Kong activist, U.S. congressman slam UK, Vatican over rights weakness
By David Brunnstrom and Michael Martina WASHINGTON (Reuters) – The British son of jailed Hong Kong media tycoon Jimmy Lai…
Future ECB rate moves will be “more marginal”, says Villeroy
PARIS (Reuters) – The European Central Bank has travelled most of the way in its campaign to raise interest rates,…
EU decision clearing $69 billion Microsoft, Activision deal expected May 15, sources say
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are set to approve Microsoft Corp’s $69 billion acquisition of…