Fed’s Powell says looming US election will not sway rate decisions
The looming U.S. presidential election will not influence the Federal Reserve’s interest rate decisions, Fed Chair Jerome Powell said on…
Bank of England readies its rates steer as investors cool on cuts
The Bank of England must decide next week whether to update its message about when it might cut interest rates…
Greece’s National Bank reports higher quarterly profit on strong interest income
National Bank NBGr.AT, Greece’s second-largest lender by market value, reported higher earnings for the first-quarter on Wednesday on the back…
Greek summer wildfire threat nears, outpacing plans to contain it
When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes last July, flames were…
US weekly jobless claims unchanged; layoffs decline in April
The number of Americans filing new claims for unemployment benefits held steady at lower levels last week as the labor…
Crack in Tanker’s Hull Causes Largest Oil Spill in Ceuta Port History
Spanish authorities at the port of Ceuta on the southern side of the Strait of Gibraltar declared contained what they…
German economy skirts recession, helped by construction and exports
The German economy skirted a recession at the start of the year, growing more than expected thanks to the construction…
ECB should start cutting rates in June if inflation keeps falling, De Cos says
The European Central Bank should start cutting interest rates in June if inflation continues its gradual decline as expected, European…
ECB’s Knot: increasingly confident about disinflation
Euro zone inflation is falling towards 2% and geopolitical stress poses only moderate risks but the European Central Bank should…
French economy slightly grows in Q1
The French economy slightly grew in the first quarter, preliminary data from the INSEE statistics agency showed on Tuesday, a…