ECB’s Guindos Says Wages, Margins Pose Upside Inflation Risk
European Central Bank Vice President Luis de Guindos said upside dangers to inflation stem from rising wages and
2023-05-25 18:57
Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:19
Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:17
Germany falls into recession as consumers in Europe's biggest economy spend less
Germany has slipped into recession as last year's energy price shock takes its toll on consumer spending.
2023-05-25 15:54
German economy enters recession
BERLIN (Reuters) -The German economy contracted slightly in the first quarter of 2023 compared with the previous three months, thereby
2023-05-25 14:53
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:46
Hydrogen Hype Is Raging But Can’t Lure Investment to Europe
As Europe seeks to exit fossil fuels, a relatively unproven alternative is forming the backbone of its clean-energy
2023-05-24 20:20
No blanket spending cuts in 2024 budget, says German Finance Minister
BERLIN There will be no blanket spending cuts in the 2024 budget, German Finance Minister Christian Lindner said
2023-05-24 19:55
German Business Outlook Drops Amid Weak Factory Performance
Germany’s business outlook deteriorated for the first time since October as a struggling manufacturing sector threatens to undermine
2023-05-24 17:45
Cathay Pacific fires cabin crew over alleged discrimination of passenger on flight from China
Cathay Pacific Airways said Tuesday it had fired three cabin crew members after a passenger complained of discrimination on a flight from mainland China, an incident that angered Hong Kong officials and underscored the pressure on the city's flag carrier to please Beijing.
2023-05-24 15:19
Mercedes-Maybach Takes a Stealth Wealth Cue From Rolls-Royce
On Tuesday, Mercedes-Maybach didn’t unveil a new car, but its new Night Series options program essentially signals an
2023-05-24 08:51
ECB must keep hiking to tame inflation 'poison', Deutsche Bank CEO says
BERLIN The European Central Bank needs to continue raising interest rates to tame the highest inflation in decades,
2023-05-24 02:59