Business activity collapses across Europe as coronavirus lockdowns spread

[ad_1] LONDON (Reuters) – Business activity has cratered across Europe as attempts to contain the coronavirus pandemic push governments to shut down vast swathes of their economies, from shops to…

German consumer morale falls further as lockdown pushes up savings rate

[ad_1] FILE PHOTO: Women with shopping bags walk through the city center in Nuremberg, Germany, November 26, 2020. REUTERS/Andreas Gebert/File Photo GLOBAL BUSINESS WEEK AHEAD BERLIN (Reuters) – German consumer…

Bank of England rate cut hangs in balance as Carney bows out

[ad_1] LONDON (Reuters) – The Bank of England is closer to cutting interest rates next week than at any time in the last three years, as governor Mark Carney chairs…

U.S. jobless claims dip but show recovery has long way to go

[ad_1] (Reuters) – Fewer Americans sought unemployment benefits last week, but the modest drop did little to dispel concerns that the U.S. job market and wider economy face an arduous…

U.S. consumer spending decreases further; inflation creeping up

[ad_1] WASHINGTON (Reuters) – U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of COVID-19 and a temporary expiration of…

Second Credit Suisse spying probe expected to clear CEO Thiam – SonntagsZeitung

[ad_1] By Brenna Hughes Neghaiwi ZURICH (Reuters) – A second probe into staff surveillance at Credit Suisse CSGN.S is set to clear Chief Executive Tidjane Thiam, Swiss newspaper SonntagsZeitung reported…