BERLIN (Reuters) – The European Central Bank should raise interest rates by 50 basis points at each of its next four meetings as inflation is proving to be stubborn, Austrian central bank chief[...]
Read more
Politics
‘Day of pain’: Wirecard boss denies charges in massive fraud trial
By Jörn Poltz MUNICH (Reuters) -Wirecard’s former boss on Monday denied all wrongdoing over the collapse of the payments company as he took to the stand for the first time in Germany’s big[...]
Read more
Live Nation CFO defends Ticketmaster, blames bots for Taylor Swift debacle
By David Shepardson WASHINGTON (Reuters) -Ticketmaster learned “valuable lessons” when the Taylor Swift concert tickets sale last year was disrupted by record bot traffic, the parent compa[...]
Read more
Environment risks dominate in “polycrisis” world – WEF survey
By Mark John (Reuters) – Failure to tackle climate change and environmental degradation dominate the ranking of top risks facing the planet in the next decade, a World Economic Forum (WEF) surve[...]
Read more
Ukraine expects EU to include Russia’s Rosatom in next sanctions
By Pavel Polityuk KYIV (Reuters) – Kyiv expects the European Union to include Russian state nuclear energy company Rosatom in its next round of sanctions over the war in Ukraine, Prime Minister[...]
Read more
Macau casinos deal themselves a tough hand with big non-gaming investment pledges
(This Jan. 2 story has been refiled to correct Melco’s name and stock symbol in the second paragraph) By Farah Master HONG KONG (Reuters) – As casinos in Macau begin new licenses to operat[...]
Read more
Exclusive-World Bank seeks more funds to address climate change, other crises -document
By David Lawder WASHINGTON (Reuters) -The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of Ap[...]
Read more
Morning Bid: The year of the yen?
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe, Editor, Financial Markets EMEA, Thomson Reuters. The holidays are over and it’s back to work, so markets are no exceptio[...]
Read more
Indonesia’s 2022 unaudited budget deficit at 2.38% of GDP -Finance Minister
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia recorded a 464.3 trillion rupiah ($29.77 billion)fiscal deficit in 2022, or 2.38% of gross domestic product, based on unaudi[...]
Read more