Central bank blunders undermine tough rate talk
LONDON, Dec 5 (Reuters Breakingviews) - Words are fighting it out with numbers in financial markets at present. Comments by...
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EV charging growth plans slowed by EU’s power grid problems
BRUSSELS, Dec 4 (Reuters) - Electric vehicle drivers hoping to top up their batteries at one of Repsol's (REP.MC) 1,600...
UK needs new plan to reverse hit to living standards, researchers say
People walk alongside the City of London financial district in London, Britain, October 25, 2023. REUTERS/ Susannah Ireland/File Photo Acquire...
Britain yet to make the case for a digital pound, lawmakers say
The Bank of England is seen reflected on a balloon with the pound symbol during a protest against the hiking...
GLOBAL ECONOMY Global factory activity stays weak, uncertainty on China clouds outlook
An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang province, China May 17,...
FOREX US dollar falls as Fed’s rate-hike cycle seen as likely done
A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha Acquire Licensing...
RWE and Masdar to co-develop giant British offshore wind project
British Prime Minister Rishi Sunak delivers the keynote speech at the Global Investment Summit at Hampton Court Palace, in East...
Infrastructure funds prepare sales of airports in UK and Italy-sources
A aircraft taxis past the control tower at Edinburgh Airport in Scotland April 23, 2012. REUTERS/David Moir/File Photo Acquire Licensing RightsLONDON, Dec 1 (Reuters) - A group of infrastructure investors around Europe are working on the sale of their stakes in European airports, leveraging on the recovery of travel in the wake of the COVID-19 pandemic, according to bankers, investors and industry sources.Among the largest of the airports that may see a change of ownership as soon as 2024 is Edinburgh, five of the sources said.Its owner Global Infrastructure Partners...
Bank of England drags Bagehot into the shadows
LONDON, Dec 1 (Reuters Breakingviews) - Walter Bagehot’s 1873 book “Lombard Street” is a bible for financial policymakers. The English...
Market pushback on central banks’ rates view just got louder
Markets now price hefty ECB, Fed rate cuts in 2024Nov euro zone inflation eases more than expectedGap with central bank messaging widens furtherLONDON, Nov 30 (Reuters) - A big disconnect between financial markets and central banks has just got deeper, with traders ramping up their bets on interest rate cuts in the United States and Europe as evidence grows that inflationary pressures are fast abating.Money markets are now pricing in over 100 basis points apiece of rate cuts from the U.S. Federal Reserve and European Central Bank next year, and...