Morning Bid: Shutdown, oil, auctions and China rankle
The U.S. Capitol Building is seen in Washington, U.S., August 31, 2023. REUTERS/Kevin Wurm/File Photo Acquire Licensing RightsA look at...
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No let up for rivals as Aldi UK steps up investment
A shopper walks inside an ALDI supermarket near Altrincham, Britain, February 20, 2023. REUTERS/Phil Noble/File Photo Acquire Licensing RightsTo invest...
No ‘sea of death’: Pope calls for pan-European action on migration
MARSEILLES, France, Sept 23 (Reuters) - Pope Francis on Saturday condemned "belligerent nationalisms" and called for a pan-European response to...
Take Five: An inflationary dilemma
Sept 22 (Reuters) - The moment investors have been waiting for seems to finally have arrived, as major central banks...
Sterling dips after weak UK business activity, retail data
A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand, October 12, 2010. REUTERS/Sukree Sukplang/File Photo Acquire Licensing RightsLONDON,...
Morning Bid: Bank of Japan also holds policy and stays dovish
Japanese national flag is hoisted atop the headquarters of Bank of Japan in Tokyo, Japan September 20, 2023. REUTERS/Issei Kato...
Euro zone firms finally absorbing wage pressures -ECB’s Lane
European Central Bank chief economist Philip Lane speaks during a lecture at the University of Cyprus in Nicosia, Cyprus April...
Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration,...
Funding Ukraine weapons would put EU lending arm on ‘wrong track’, outgoing chief warns
Werner Hoyer, President of the European Investment Bank, attends the Ukraine Recovery Conference in London, Britain June 21, 2023. REUTERS/Hannah McKay/Pool/File Photo Acquire Licensing RightsNEW YORK, Sept 21 (Reuters) - The head of the European Investment Bank (EIB) has warned his soon-to-be-announced successor that bowing to pressure from some EU capitals to fund weapons for Ukraine would put the bank on the "wrong track". Werner Hoyer will step down from the EU's powerful lending arm at the end of December after 12 years turning the EIB into one of the...
Analysis: Europe’s currencies feel fresh pain as central bank support fades
Sterling, Swiss franc hurt after cbank decisionsWeaker growth, rate cut prospects hurt European FXVolatility expected to pick upLONDON, Sept 21(Reuters) - There's no respite for struggling European currencies as a likely pause in central bank interest-rate rises and a weakening economic outlook puts the focus on prospective rate cuts ahead.Sterling slid to a more than six-month low against the dollar on Thursday, even after the Bank of England held rates at a 15-year high and pledged to raise borrowing costs again if it cannot tame inflation.The Swiss franc , one...