MOSCOW (Reuters) – Foreign investors from “unfriendly” countries selling stakes in Russian assets may have to do so at half-price or less, the finance ministry said on Friday, with t[...]
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Politics
High inflation here to stay for coming months, says German industry
BERLIN (Reuters) – Germany’s inflation rate is unlikely to decline rapidly at present and the European Central Bank’s target of 2% will only become feasible by the middle of the deca[...]
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Biden signs $1.66 trillion FY 2023 government funding bill
CHRISTIANSTED, St. Croix (Reuters) -President Joe Biden on Thursday signed a $1.66 trillion bill funding the U.S. government for fiscal year 2023, the White House said in a statement. Biden signed the[...]
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EU gives guarded welcome to U.S. guidance on EV tax credits
BRUSSELS (Reuters) – The European Commission gave a guarded welcome on Thursday to guidance by the United States meaning that EU companies could partially benefit from the U.S. Inflation Reducti[...]
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FTX customers ask bankruptcy court to keep their names secret
By Dietrich Knauth (Reuters) – A group of FTX customers from outside the United States have asked a U.S. bankruptcy judge to keep their names secret during the cryptocurrency exchange’s ba[...]
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Germany’s energy crisis powers hydrogen switch
By Louisa Off and Riham Alkousaa KELHEIM, Germany (Reuters) – From the moment Russian gas exports to Germany were first disrupted in June, German firm Kelheim Fibers began casting around for alt[...]
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Italy says goal in exiting MPS is having several big banks
By Valentina Za and Giuseppe Fonte MILAN (Reuters) -Italy will work to exit the capital of bailed-out lender Monte dei Paschi di Siena with a view to having several large banking groups in the country[...]
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Italy’s Meloni takes issue with ECB, euro zone’s bailout fund
By Gavin Jones and Angelo Amante ROME (Reuters) – Italian Prime Minister Giorgia Meloni took aim at the EU’s financial institutions on Thursday, telling the European Central Bank (ECB) to[...]
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German exporters prepare for a challenging 2023
BERLIN (Reuters) – German exporters have modest hopes for next year, anticipating problems at major customers in China because of climbing COVID infections and rising prices making U.S. buyers c[...]
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