Tariffs could hurt growth, boost inflation for all, Bundesbank chief warns
FRANKFURT (Reuters) – Europe and the U.S. will both take a growth hit if there is a new trade war and inflation could also rise, increasing pressure on EU leaders…
Canada retail sales grow see grow 0.4% in September led by food and beverage sector
In September, Canadian retail sales saw an increase of 0.4%, reaching $66.9 billion, with gains observed across six of nine subsectors. Food and beverage retailers spearheaded this growth. Core retail…
Factbox-Most brokerages retain expectations of 25-bps rate cut from US Fed in December
(Reuters) -Major brokerages reiterated their view of a 25-basis-point (bp) interest-rate cut by the U.S. Federal Reserve in December after U.S. consumer prices for October increased as expected, even as…
Eurozone business activity contracts in November
The Eurozone has experienced a downturn in business activity in November, with both the services and manufacturing sectors contracting. The HCOB Flash Eurozone Composite PMI Output Index, which is a…
Swiss National Bank chief stresses tackling inflation as main goal
ZURICH (Reuters) – The Swiss National Bank will continue to target low inflation as the touchstone of its monetary policy, Chairman Martin Schlegel said on Friday, underlining continuity with predecessor…
Beyond B-loans? Development banks seek private money for climate change fight
(This Nov. 19 story has been corrected to fix the description of ILX to ‘development finance specialist,’ not ‘blended finance specialist,’ in paragraph 22) BAKU (Reuters) – As officials from…
Honeywell to sell personal protective equipment business for $1.33 billion
(Reuters) -Honeywell said on Friday it would sell its personal protective equipment business to Protective Industrial Products for about $1.33 billion in cash. The PPE business is part of the…
Deutsche Bundesbank president Nagel advocates for a united Europe
In a recent speech at the European Banking Congress in Frankfurt am Main, Joachim Nagel, President of the Deutsche Bundesbank, emphasized the importance of collaboration between Germany and France for…
Tariffs could hurt growth, boost inflation for all, Bundesbank chief warns
FRANKFURT (Reuters) – Europe and the U.S. will both take a growth hit if there is a new trade war and inflation could also rise, increasing pressure on EU leaders…
Canada retail sales grow see grow 0.4% in September led by food and beverage sector
In September, Canadian retail sales saw an increase of 0.4%, reaching $66.9 billion, with gains observed across six of nine subsectors. Food and beverage retailers spearheaded this growth. Core retail…