Tariffs and defence spending: S&P Global slashes eurozone and UK growth forecast
Uncertainty around US trade tariffs is costing the eurozone and the UK economy billions this year and the next, which cannot be entirely offset by increased defence spending in 2025.
UniCredit Gets ECB Approval to Take Over Smaller Rival Banco BPM
UniCredit SpA won regulatory approval from the European Central Bank to take over Banco BPM SpA, a smaller Italian competitor ...
Banco BPM rebuffs UniCredit's worries over ability to lend after Anima setback
Banco BPM CEO Giuseppe Castagna on Friday rebuffed concerns raised by suitor UniCredit about the impact on BPM's ability to ...
ECB's Nagel encouraged but warns against 'over-optimism' on inflation target
ECB policymaker Joachim Nagel said on Friday he was encouraged by recent data on inflation in a number of euro zone economies ...
US Housing Payments Hit Record High
Monthly housing payments have reached an all-time high, discouraging buyers as spring selling season gets underway.
EMEA Morning Briefing: Markets in Wait-And-See Mode Ahead of Reciprocal Tariffs
CoreWeave, a rapidly growing AI cloud company, priced its initial public offering at $40 a share on Thursday night, well below an expected range of $47 to $55. At the $40 IPO price, CoreWeave has a ...
tastylive1d
The Euro May Be in the First Days of a Long Rise Against the U.S. Dollar
The euro surges as EU defense buildup lifts yields and growth bets. Futures rise on ECB repricing, while U.S. dollar weakens amid rate cut talk.
ECB warns banks to be prepared for geopolitical shocks
In its annual report, the ECB spelled out how geopolitical shocks could affect banks. Among risks ranging from politically ...
TASS Russian News Agency1d
Foreign investments in Russian federal loan bonds down to 3.9% in February
The share of foreign investments in Russian OFZ bonds dropped to 3.9% for the first time since January 2012, the Central Bank informed ...
ECB’s Guindos Says It’s Too Soon to Predict April Rate Decision
It’s too early to say whether the European Central Bank should cut interest rates again next month or pause as global trade ...
Trump's tariffs push will hit the U.S. harder than Europe in the short term, Santander chair says
On a relative basis, in the short term, Europe will be less affected than the U.S.,” Santander’s Ana Botín said regarding ...
The Economist1d
The surging gold price is boosting Central Asia’s economies
It is fitting for a range that is dotted with gold mines, including Kumtor, one of Central Asia’s largest and a symbol of ...