UPDATE 2-Euro zone bond yields fall on expectations from ECB meeting

[ad_1] By Yoruk Bahceli, Stefano Rebaudo * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds details) AMSTERDAM/MILAN, Sept 8 (Reuters) – Expectations of supportive messages by the European Central Bank…

China’s GDP growth grinds to near 30-year low as tariffs hit production

[ad_1] By Kevin Yao, Gabriel Crossley BEIJING (Reuters) – China’s third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S.…

Italy Q1 GDP sharply revised down to -5.3% quarter-on-quarter as coronavirus takes heavy toll

[ad_1] ROME (Reuters) – Italy’s economy shrank 5.3% in the first quarter from the previous three months, national statistics bureau ISTAT said on Friday, the steepest drop in gross domestic…

French recession seen less dire than expected at -8.7% in 2020 – central bank

[ad_1] PARIS, Sept 14 (Reuters) – France’s economy will contract in 2020 by less than expected only a few months ago as business activity and consumer spending bounced back after…

UK to allow firms to defer £30 billion of tax payments

[ad_1] LONDON (Reuters) – Britain’s government will allow businesses to hold on to 30 billion pounds of value-added tax, which they would normally pass on to tax authorities over the…

Brexit in January 2020 won’t lift fog over UK markets, investors say

[ad_1] LONDON – Never mind Britain’s general election and January 2020 Brexit deadline — there is a fog over UK assets that won’t lift any time soon, some of the…

UK government scientist: No way to turn back coronavirus epidemic

[ad_1] LONDON (Reuters) – Britain will not be able to turn back the epidemic caused by the new coronavirus so is working on managing the COVID-19 outbreak by bolstering capacity…

Italian cabinet approves ‘mother of all reforms’ to slash red tape

[ad_1] By Gavin Jones, Giuseppe Fonte ROME (Reuters) – The Italian government approved a package of measures on Tuesday aimed at cutting the complicated red tape that has long been…

China should set around 5% GDP goal for 2021-2025: think tank economist

[ad_1] FILE PHOTO: Workers are seen on scaffoldings at a construction site of a residential compound in Beijing, China October 19, 2020. REUTERS/Tingshu Wang (Reuters) – China should set an…

Finance minister Sajid Javid has resigned – Sun political editor

[ad_1] Sajid Javid arrives at Downing Street in London, Britain February 13, 2020. REUTERS/Toby Melville LONDON (Reuters) – British finance minister Sajid Javid has resigned his position, the Sun newspaper’s…