By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer inflation accelerated to a 40-year high in October, driven by currency weakness and imported cost pressures that the central ba[...]
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Economy
Volkswagen in talks with pre-IPO investors for battery unit – sources
By Emma-Victoria Farr and Jan Schwartz FRANKFURT/HAMBURG (Reuters) – German carmaker Volkswagen is holding discussions with investors to join its battery division ahead of a possible partial ini[...]
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Dollar heads for weekly gain as Fed pushes back on pivot
By Amanda Cooper LONDON (Reuters) – The dollar eased on Friday, but was still headed for its largest weekly gain in a month, after Federal Reserve officials reiterated their commitment to raisin[...]
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Deutsche Bank CEO warns of ‘danger’ of European reliance on foreign banks
FRANKFURT (Reuters) -Deutsche Bank Chief Executive Christian Sewing on Friday warned of the “danger” of European reliance on foreign banks, equating the threat to the region’s depend[...]
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Marketmind: Tough Fed talk
A look at the day ahead in markets from Anshuman Daga While Fed speakers talk tough on interest rates and keep market expectations in check, Britain’s bleak outlook will also weigh on UK assets.[...]
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Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector
By Georgina Lee HONG KONG (Reuters) – A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout from the collapse of FTX, and solvency issue[...]
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UniCredit to give staff in Germany 2,500 euro tax-free bonus-memo
MILAN (Reuters) – Italy’s second-largest lender UniCredit will give its staff in Germany a bonus of 2,500 euros ($2,594) to compensate for rising inflation, a copy of an internal memo seen[...]
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Moody’s changes Renault’s outlook to “stable” from “negative”
PARIS (Reuters) – Moody’s Investors Service said on Friday it changed the outlook on French carmaker Renault’s ratings to stable from negative to reflect prospects of improved profit[...]
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Credit Suisse’s Swiss investment bank to be spared in overhaul
ZURICH (Reuters) – The Swiss arm of Credit Suisse’s investment bank will be largely unaffected by the restructuring plan the bank announced last month, said Jens Haas, head of investment b[...]
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