Wealth Growth Daily

Europe

Analysis-Bonds back in a tailspin as ‘higher for longer’ narrative hits

BY Reuters  • July 10, 2023July 10, 2023
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Government bond markets from Europe to the United States and Australia are in a tailspin as the prospect of higher interest rates sparks a rout[...]
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Asia Business Economy Europe UK Updated US

Business leaders left in limbo by rate hike impact lag

BY Reuters  • July 10, 2023July 10, 2023
By Leigh Thomas and Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) -An unusually long lag in the time interest rate hikes are taking to feed through to the economy has left corporate leaders guess[...]
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Business Economy Europe Updated

Countries repatriating gold in wake of sanctions against Russia – study

BY Reuters  • July 10, 2023July 10, 2023
By Marc Jones LONDON (Reuters) – An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Inves[...]
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Africa Asia Business Central America Economy Europe Latin America Middle East UK US

Saudi National Bank was denied taking 40% Credit Suisse stake -report

BY Reuters  • July 9, 2023July 9, 2023
VIENNA (Reuters) – Saudi National Bank wanted to increase its stake in Credit Suisse to around 40% from 9.88%, but was prevented from doing so by Swiss regulator FINMA, Blick newspaper reported[...]
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Business Economy Europe Middle East

European firms look for footing in China-U.S. spat, French execs say

BY Reuters  • July 9, 2023July 9, 2023
By Mathieu Rosemain and Leigh Thomas AIX-EN-PROVENCE, France (Reuters) – European firms are concerned they could get caught in the cross-fire of rising economic rivalry between the United States[...]
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Asia Business Economy Europe US

Eramet in talks with European carmakers over Argentina lithium plan – CEO

BY Reuters  • July 9, 2023July 9, 2023
By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – French mining group Eramet is in talks with several European carmakers over commercial agreements that would help the company finance its[...]
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Business Economy Europe Latin America

France upbeat on attracting major Tesla investment – Le Maire

BY Reuters  • July 9, 2023July 9, 2023
PARIS (Reuters) – French Finance Minister Bruno Le Maire on Sunday said he was “very hopeful” Tesla Chief Executive Elon Musk will pick France for a substantial investment linked to[...]
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Business Economy Europe US

French central bank head warns against raising ECB inflation target

BY Reuters  • July 9, 2023July 9, 2023
AIX-EN-PROVENCE, France (Reuters) – France’s central bank head Francois Villeroy de Galhau pushed back on Sunday against a suggestion from some French economists to raise the European Cent[...]
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Business Economy Europe Updated

‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns

BY Reuters  • July 8, 2023July 8, 2023
By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – A “Chinese storm” is looming over Europe’s growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard[...]
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Asia Business Economy Europe
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