By Carolina Mandl (Reuters) – Wall Street’s main indexes ended Monday roughly down on fears that China could resume stricter measures to fight COVID-19 after it said it faces its most seve[...]
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November 21, 2022
German tax take rebounds in October -ministry report
BERLIN (Reuters) – Germany’s tax revenue jumped 6.1% to 57 billion euros ($58.35 billion) in October after two consecutive monthly falls, according to the monthly finance ministry report p[...]
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ECB’s Centeno sees conditions for smaller rate hike in December
LISBON (Reuters) – There are “many conditions” for the next increase in interest rates by the European Central Bank to be smaller than 75 basis points, ECB policymaker Mario Centeno[...]
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Europe’s STOXX 600 subdued; defensive stock gains offset commodities gloom
(Reuters) -Europe’s STOXX 600 index was little changed on Monday as gains in defensive food and beverage and healthcare companies were offset by declines in heavyweight commodity stocks on worri[...]
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Russia eases capital movement controls
MOSCOW (Reuters) – Russia’s central bank will in some cases allow authorised banks and state development bank VEB to export the equivalent of $10,000 in foreign currency cash, it said on M[...]
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Nigerian subsidies constrain development, says World Bank
LAGOS (Reuters) – Nigeria’s subsidies on petrol, electricity and foreign exchange are mostly benefiting wealthy households, the World Bank said in a report on Monday, adding that inefficie[...]
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Oil dives, hits 10-month low on reports of OPEC+ output boost
By Laila Kearney NEW YORK (Reuters) -Oil prices plunged on Monday to their lowest since early January, after the Wall Street Journal reported that Saudi Arabia and other OPEC oil producers are conside[...]
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ECB’s Villeroy: inflation in France and Europe will peak in first half of 2023
PARIS (Reuters) – Inflation should reach its peak in France and in Europe by the first half of next year, French ECB policymaker Francois Villeroy de Galhau said on Monday. “It is out of t[...]
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Bank of Israel says to raise rates more than expected amid high inflation
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) – The Bank of Israel on Monday raised its benchmark interest rate by half a point and said it believes more hikes were needed to cool inf[...]
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