Reuters UK Business

ECB governors sought greater acknowledgement of inflation risks – sources

20 Dec 2021

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – European Central Bank policymakers meeting last week sought a greater acknowledgement of inflation risks but were rebuffed by the bank’s chief economist Philip Lane in an unusually robust debate, sources close to the debate told Reuters. Central banks around the globe including the U.S. Federal Reserve …

ECB governors sought greater acknowledgement of inflation risks – sources Read More »

Central banks step up pace of their great stimulus retreat

20 Dec 2021

LONDON (Reuters) -The last major central bank meetings of 2021 are over and the dividing lines are clear: those policymakers unnerved enough by high inflation to begin reversing pandemic-era stimulus now and those adamant that ultra-loose policy is still necessary. The Bank of England on Thursday became the first major central bank to raise interest …

Central banks step up pace of their great stimulus retreat Read More »

GSK picks ex-Tesco chief Lewis to chair consumer healthcare arm -source

19 Dec 2021

By Anirudh Saligrama (Reuters) -British drugmaker GlaxoSmithKline Plc has picked Dave Lewis, former chief executive of Tesco Plc, to chair its consumer healthcare unit, which is due to be spun off next year, a source familiar with the matter said on Sunday. Confirmation of Lewis’s appointment as non-executive chairman of the arm that owns brands …

GSK picks ex-Tesco chief Lewis to chair consumer healthcare arm -source Read More »

French economic rebound, inflation to moderate next year – central bank

19 Dec 2021

PARIS (Reuters) – French growth and inflation will moderate in 2022 after a faster than expected recovery this year, after which a tighter labour market will boost wages, the French central bank forecast on Sunday. The euro zone’s second-biggest economy is set to grow 6.7% this year, the Bank of France said in its latest …

French economic rebound, inflation to moderate next year – central bank Read More »

ECB to keep monetary options open – Villeroy

19 Dec 2021

PARIS (Reuters) – The ECB will prize maintaining “optionality” in its monetary policy going forward, ECB policymaker and French central bank head Francois Villeroy de Galhau said in an interview with financial daily Les Echos published on Sunday. Leaving policymakers plenty of flexibility in the face of risks from new COVID variants and supply-chain pressures, …

ECB to keep monetary options open – Villeroy Read More »

Russian gas exports to Europe via Yamal pipeline fall again

19 Dec 2021

MOSCOW (Reuters) -Russian natural gas deliveries to Germany through the Yamal-Europe pipeline have fell again on Sunday after rising briefly from Saturday levels, data from German network operator Gascade showed. By midday, flows at the Mallnow metering point on the German-Polish border were down to an hourly volume of around 370,000 kilowatt hours (kWh/h), falling …

Russian gas exports to Europe via Yamal pipeline fall again Read More »

Egypt’s Sawiris to sell struggling broadcaster Euronews to Alpac Capital

17 Dec 2021

By Mathieu Rosemain PARIS (Reuters) – Egyptian tycoon Naguib Sawiris is set to sell his majority stake in Euronews to Portuguese investment firm Alpac Capital, the struggling European broadcaster said on Friday. Euronews, created in the wake of the 1990 Gulf War as a “European CNN”, has been hit by plummeting advertising revenue and is …

Egypt’s Sawiris to sell struggling broadcaster Euronews to Alpac Capital Read More »

Close Bitnami banner
Bitnami