[ad_1] UK retail sales rise 9.2% m/m in April, up 42.4% y/y Non-essential shops in England reopened on April 12 Clothing sales jump by 70% on month as socialising resumes…
Tag: ECI
Swedish central bank chief says more rate hikes likely due to stubborn inflation
[ad_1] STOCKHOLM, March 26 (Reuters) – The Swedish central bank might have underestimated inflationary pressure and will likely have to stick to its forecasts of another interest rate hike in…
Banking stress puts U.S. and Europe on watch for credit crunch
[ad_1] WASHINGTON/FRANKFURT, March 26 (Reuters) – Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said on…
Credit Suisse could face disciplinary action, Swiss regulator says
[ad_1] ZURICH, March 26 (Reuters) – Swiss financial regulator FINMA said it was considering whether to take disciplinary action against Credit Suisse (CSGN.S) managers after Switzerland’s second largest bank had…
Euro zone corporate business slows further
[ad_1] FRANKFURT, Sept 27 (Reuters) – Lending to euro zone companies slowed further last month, European Central Bank data showed on Monday, extending its steady downward trend and likely raising…
Swiss finance minister defends rushed banking takeover
[ad_1] ZURICH, March 25 (Reuters) – Switzerland’s finance minister defended the shotgun merger between the country’s two largest banks in an interview with Swiss newspaper Neue Zuercher Zeitung on Saturday,…
Fed: Rising income costs cut funds handed back to Treasury last year
[ad_1] NEW YORK, March 24 (Reuters) – The Federal Reserve said on Friday that rising interest costs cut into the amount of money it handed back to the Treasury last…
U.S. business activity accelerates in March – S&P Global survey
[ad_1] WASHINGTON, March 24 (Reuters) – U.S. business activity gained steam in March as orders rebounded for the first time in six months, according to a survey on Friday, which…
Hungarian banker Buza, economist Kovacs to join central bank monetary council – sources
[ad_1] Parliamentary confirmation hearing due on Monday Central bank has faced pressure to lower borrowing costs No change in balance of power on rate-setting board expected Introductory remarks in focus…
US business equipment borrowings grow 11% in February – ELFA
[ad_1] March 22 (Reuters) – U.S. companies borrowed 11% more in February than last year to finance equipment investments, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday.…