BERLIN (Reuters) -German inflation slowed slightly in October to 2.3%, the federal statistics office said on Wednesday, confirming preliminary data. Inflation, or consumer prices harmonised to compare with other European Union countries, stood at 2.4% year-on-year in September. The statistics office gives more detailed monthly data on its website. (Reporting by Miranda Murray and Ludwig …
BERLIN (Reuters) -German chipmaker Infineon significantly raised its 2026 sales target for the AI power supply segment on Wednesday, citing strong demand, and forecast total revenue increasing moderately from the year before despite currency headwinds. For the 2025 fiscal year ending September 30, Infineon reported revenue of 14.7 billion euros ($17.14 billion), slightly above the …
Infineon raises 2026 sales target for AI power supply segment on booming demand Read More »
A look at the day ahead in European and global markets from Gregor Stuart Hunter The U.S. government is on the brink of reopening, potentially restoring pay to unpaid federal workers and ending a drought of economic data that has left the Federal Reserve flying virtually blind for more than a month. Members of Congress …
Morning Bid: US Congress poised to get back to work Read More »
DUBLIN (Reuters) -Most of Ireland’s big corporate taxpayers have so far escaped the direct impact of U.S. tariffs, but American trade policies have made the outlook for this critical source of government revenue increasingly uncertain, Ireland’s fiscal watchdog said. Irish corporate tax receipts, paid mainly by a small number of U.S. multinationals, have jumped sevenfold …
Irish corporate taxes to avoid tariff hit but risks rise, watchdog says Read More »
By Amir Orusov and Jesus Calero (Reuters) -Global sales of fully electric and plug-in hybrid vehicles rose 23% in October to 1.9 million units, driven by strong demand across major markets, market research firm Rho Motion said on Wednesday. WHY IT’S IMPORTANT Europe led regional electric vehicle growth with strong demand in Germany, France and …
Global EV sales growth hits 23% in October, research firm says Read More »
LONDON (Reuters) -Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by trying to choke off Kremlin revenue. In October, the European Union approved new sanctions against Russia that ban Russian LNG imports …
UK to ban maritime services for Russian LNG exports Read More »
By Francesca Landini and Stephanie Kelly LONDON (Reuters) -Shell has challenged its defeat in an arbitration case against U.S. liquefied natural gas producer Venture Global in the New York Supreme Court, a legal filing seen by Reuters shows, weeks after rival BP won a similar $1 billion-plus arbitration. Both arbitration cases were over Venture Global’s …
Exclusive-Shell challenges arbitration decision on Venture Global LNG supply contracts Read More »
By Phoebe Seers and Tommy Reggiori Wilkes LONDON (Reuters) -Bank of England Deputy Governor Sarah Breeden on Tuesday warned that further diluting rules for stablecoins risked endangering financial stability and causing a credit crunch, and said that the UK needed a different approach to the United States. The Bank of England on Monday set out …
PARIS (Reuters) -France’s central bank said the economy “will grow slightly in the fourth quarter” as high political uncertainty contributes to a slowing pace of expansion in November, although it did not give a figure in its monthly forecast on Tuesday. Caution around a high-stakes budget vote and the difficult international context are set to …
French central bank sees slight growth in Q4 as political uncertainty weighs Read More »
(Reuters) -Troubled Swedish real estate group SBB said on Tuesday it will sell its community property portfolio to Oslo-listed Public Property Invest in a transaction valuing the assets at 32 billion Swedish crowns ($3.40 billion), as it seeks to reduce its debt burden. SBB, which owns properties such as hospitals and care homes, is among …
Sweden’s SBB to offload community property portfolio in deal valued at $3.4 billion Read More »
