ECB Says Consumer Inflation Expectations Edged Up in July
Consumer expectations for euro-area inflation inched up in July, remaining above the European Central Bank’s 2% target as officials ponder whether to hike or hold interest rates next week.
Consumer expectations for euro-area inflation inched up in July, remaining above the European Central Bank’s 2% target as officials ponder whether to hike or hold interest rates next week.
Chinese developer Country Garden Holdings Co. has paid interest on two dollar bonds within grace periods, avoiding its first default and bringing some respite amid a liquidity crisis that’s shaken the nation’s financial markets.
The United Arab Emirates, the host of this year’s United Nations climate summit, pledged $4.5 billion to help African nations accelerate clean-energy projects.
European autos have the biggest upside to analysts’ price targets, yet they are also the cheapest sector out there as investors price tougher times ahead.
Speculation is mounting the European Central Bank will shrink its bond portfolio at a quicker pace to ensure it keeps financing conditions tight as the end of its rate-hiking cycle approaches.
Asset managers trying to sell funds in Europe are finding it “increasingly difficult” to do so unless their products are registered as ESG, according to a study by analysts at Goldman Sachs Group Inc.
‘We have to take a little bit of a cautious stance,’ Ola Källenius says in a dramatic walk back from just two years ago.
Airlines will need all of the world’s synthetic aviation fuel, meaning there won’t be any left for cars, the head of Europe’s biggest airline group told Germany’s automakers.
Malaysia’s biggest wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group have revived talks that could lead to a merger of their telecommunications operations in Indonesia, according to people familiar with the matter.
US equity investors are in for disappointment as economic growth is set to be weaker than expected this year, according to Morgan Stanley’s staunch bear, Michael Wilson.