Europe’s financial stability risk remains ‘severe’ -EU watchdog
(Reuters) – Financial stability risk in the European Union remains at a “severe” level and the downturn in the housing…
Europe
Fed’s Powell: we are still monitoring the banks’ situation very carefully
By Jesús Aguado and David Latona MADRID (Reuters) -The U.S. Federal Reserve is still monitoring the situation in the banking…
Inflation up in German states, pointing to national rise
BERLIN (Reuters) – Inflation rose in five economically important German states in the month of June, preliminary data showed on…
Rouble hits 15-month low past 87 vs dollar on political risk concerns
(Reuters) – The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic…
BMW to produce electric X3 model at South Africa plant
(Reuters) – Germany’s BMW will build its X3 model in South Africa from 2024, investing 4.2 billion rand ($225.09 million)…
US court approves Cineworld’s restructuring plan
(Corrects day in first paragraph to Thursday) (Reuters) – British cinema chain operator Cineworld Group said on Thursday that a…
Europeans plan to keep ballistic missile sanctions on Iran
By John Irish, Arshad Mohammed and Parisa Hafezi PARIS/WASHINGTON/DUBAI (Reuters) -European diplomats have told Iran they plan to retain European…
Spain’s 12-month inflation falls to 1.9% in June, lowest since March 2021
(Reuters) – Spain’s consumer prices rose 1.9% year-on-year in June, their slowest increase since March 2021, preliminary data from the…
Poland says EU should help pay for border security amid Wagner fears
WARSAW (Reuters) – Poland expects the European Union to help it fund measures to strengthen its eastern border, a deputy…
Who is Russian mercenary chief Yevgeny Prigozhin?
(Reuters) -Mercenary chief Yevgeny Prigozhin has flown into exile in Belarus under a deal that ended a brief mutiny by…