CurrenciesU.S. labor cost growth slows, but labor market remains tightJanuary 31, 202347Employment cost index rises 1.0% in fourth quarterWages, salaries increase 1.0%; up 5.1% year-on-yearConsumer confidence index drops to 107.1 in...
EconomyGerman economy unexpectedly shrinks in Q4, reviving spectre of recessionJanuary 30, 202360Q4 GDP at -0.2% Q/Q vs forecast of 0.0%Decline due mainly to falling private consumptionEconomists reckon mild recession is likelyBERLIN,...
FinanceUK PM Sunak sacks party chairman Zahawi over tax affairsJanuary 29, 202353Zahawi found not to have been open about tax probeIndependent adviser finds serious breaches of codeInvestigation into Deputy PM ongoingScandal...
EconomyScholz urges swift EU-Mercosur free trade deal on first South America tripJanuary 29, 202356Scholz sets off on 3-day tour to Argentina, Chile, BrazilTrip comes as Germany seeking to reduce reliance on ChinaScholz urges...
BankingECB rejects banking sector call for lower capital to boost lendingJanuary 27, 202378LONDON, Jan 27 (Reuters) - The European Central Bank (ECB) on Friday rejected calls from Europe's banks to ease capital...
FundsEU leaders to back new funding for green industry in Feb -draftJanuary 24, 202358BRUSSELS, Jan 24 (Reuters) - European Union leaders will give clearance in February for work on new EU funding for...
CurrenciesDollar up after data signals brighter outlook for U.S. business activityJanuary 24, 202355NEW YORK, Jan 24 (Reuters) - The dollar rose against the euro on Tuesday after data showed U.S. business activity...
FinanceEU financial services need shake-up to benefit retail investors, top official saysJanuary 24, 202366LONDON, Jan 24 (Reuters) - A potential ban on commissions paid by banks to financial advisers who sell their products...
EconomyOil steady as China reopening is balanced by economic concernsJanuary 24, 202363LONDON, Jan 24 (Reuters) - Crude oil prices were steady on Tuesday as concerns about a global economic slowdown and...
FundsU.S. Treasury emphasizes IRS customer service as tax seasons beginsJanuary 23, 202356WASHINGTON, Jan 23 (Reuters) - The U.S. Internal Revenue Service kicked off the 2023 income tax filing season on Monday...