Digital euro package should be focus of next EU Commission – McGuinness
European flags fly outside the European Commission headquarters in Brussels, Belgium March 13, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS,...
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Stocks decline, Treasury yields jump as investors weigh rate outlook
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023....
Argentina, in dollar love affair, agonizes over divorcing the peso
LONDON/BUENOS AIRES/NEW YORK, Sept 5 (Reuters) - María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina's persistent inflation now running at over 100% and a steady devaluation of the little-loved local peso.The peso currency is now in the crosshairs of the country's dark horse presidential front-runner, libertarian radical Javier Milei, who has pledged to eventually scrap the central bank and dollarize the economy, Latin America's third largest.Milei - facing a tight three-way battle with traditional political...
Saudi Arabia considering investing in ‘Made in Italy’ fund
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Mateusz Morawiecki hold a joint press conference in Warsaw, Poland, July 5, 2023, REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsEnergy projects focal point of agreementSaudis could invest in 'Made in Italy' fundPM has sought closer ties with Gulf countriesMILAN, Sept 4 (Reuters) - Italy and Saudi Arabia are in talks about a potential Saudi investment in Rome's new strategic fund, Italy's Industry Minister Adolfo Urso said on Monday, as the two signed a deal to forge closer economic relations, particularly in energy.The...
UK finance minister Hunt says inflation is on track to come down
British Chancellor of the Exchequer Jeremy Hunt speaks during the press conference on the day he signs cooperation pact on...
US unemployment rate spikes to 3.8%; labor market still has momentum
Nonfarm payrolls increase 187,000 in AugustUnemployment rate rises to 3.8% from 3.5% in JulyAverage hourly earnings gain 0.2%; up 4.3%...
Russia central bank head not ruling out rate hike, against tighter currency controls
National flag flies over the Russian Central Bank headquarters in Moscow, Russia May 27, 2022. REUTERS/Maxim Shemetov//File Photo Acquire Licensing...
UK economy surpassed pre-COVID size in late 2021, new data shows
A view of City of London financial district behind Petticoat Lane street market, where discounted clothing is on sale, in...
Sterling contained versus dollar as interest rate rises start to bite
Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company's headquarters in Vienna, Austria,...
US consumer spending accelerates; declining savings a red flag
Consumer spending increases 0.8% in JulyPersonal income gains 0.2%; savings rate falls to 3.5%Core PCE price index rises 0.2%; up...
