ECB’s Lagarde praises bank mergers as UniCredit courts Commerzbank
Mergers between European banks are “desirable” if they help them compete with their U.S. and Chinese rivals, European Central Bank…
Deutsche Bank says ECB will cut rates in October after inflation drop
Deutsche Bank on Tuesday said it now expects the European Central Bank to cut interest rates again in October, after…
China new home prices manage tiny uptick again in September, private survey shows
Prices of new homes in China rose slightly in September, traditionally a peak season for house hunting, a private survey…
Why France’s budget headache is back in the news
A difficult budget situation Barely in office, Michel Barnier’s hard-pressed new government is facing a string of bad news about…
UK shop prices fall by the most since August 2021, survey shows
Prices in British shops fell at the fastestpace in more than three years in September, the British Retail Consortium said…
ECB’s Rehn sees more reasons for an interest rate cut in October
Euro area inflation slowing down means that there are now more reasons to justify an interest rate cut at the…
China, US to hold talks on economic and trade issues, Xinhua reports
Chinese Commerce Minister Wang Wentao and his U.S. counterpart will hold a call in the near future on trade and…
Ukraine’s grain exports fall 16% to 3 mln T in Sept from Oct, association says
Ukrainian grain exports fell 16% to 3 million metric tons in September from August, the UAC farm business association said…
Montreal port users not expecting quick intervention if strikes continue
A nationwide rail strike this year in Canada and the shutdown on British Columbia ports in 2023 give Montreal stakeholders…
House Republicans, shippers up pressure on Biden to stop US port strike
Several groups are calling on the White House to invoke the Taft-Hartley Act to stop the International Longshoremen’s Association (ILA)…