KitKat sweetens Nestle sales with Easter, Valentine’s Day comeback
By Richa Naidu LONDON (Reuters) – In a quarter that saw Nestle’s overall sales volumes dip, the KitKat maker’s candy…
Europe
London Q1 finance job vacancies plummet 31% year-on-year
LONDON (Reuters) – First-quarter job opportunities in London’s financial sector plunged by almost a third year-on-year, recruiter Morgan McKinley said…
UK grocery inflation eases slightly to 17.3% in April -Kantar
By James Davey LONDON (Reuters) – British grocery inflation edged lower in April but remained near record highs, industry data…
ECB’s Villeroy: Food price inflation to start easing in H2
PARIS (Reuters) – Food price inflation will start easing in the second half of this year, French ECB policymaker Francois…
Turkey cenbank gross reserves seen down $5 billion last week -bankers
ANKARA (Reuters) – Turkish central bank total gross reserves are expected to have fallen more than $5 billion to about…
More banks join European instant payments pilot from end 2023
By Huw Jones LONDON (Reuters) – An initiative to offer an instant payments service in Europe from the end of…
ECB will have to raise rates again on May 4, Lane tells Le Monde
PARIS (Reuters) – The European Central Bank will need to raise interest rates again at its forthcoming meeting next week…
Marketmind: Zooming in on AI, rates and chips wars
A look at the day ahead in European and global markets from Vidya Ranganathan. ChatGPT vs Bard. Earnings from U.S….
ECB set to step down to 25 bps move on May 4, at least one more expected- Reuters Poll
By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will almost certainly add 25 basis points to its deposit…
Bitcoin could hit $100,000 by end-2024, Standard Chartered says
By Elizabeth Howcroft LONDON (Reuters) -Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on…