Swedish economy set to grind to a halt as inflation bites

[ad_1] Christmas shoppers maintain social distancing as they ride on escalators in Emporia shopping centre in Malmo, Sweden, December 20, 2020. TT News Agency/Johan Nilsson via REUTERS Acquire Licensing Rights…

In the Market: Funds fret over the fallout of Biden’s China order

[ad_1] Aug 14 (Reuters) – Fund managers are worried the Biden administration’s move to restrict some outbound U.S. investment to China will further fuel anti-Beijing sentiment in Washington and prompt…

China July new bank loans tumble, credit growth weakens further

[ad_1] Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo Weak credit readings add to flurry of gloomy economic data…

ECB is on back foot and for once it’s down to Germany

[ad_1] The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, April 26, 2018. REUTERS/Kai Pfaffenbach//File Photo ECB changes tune on rate hikes German…

Analysis: Sweden faces recession as housing market troubles take toll on economy

[ad_1] Swedish economy expected to shrink in 2023 Households cut spending as mortgage costs rise Housing starts seen collapsing Problems with housing market not easily fixed STOCKHOLM, March 15 (Reuters)…

Drop in German business morale points to longer recession

[ad_1] Business climate index fell to 88.5 in June from 91.5 in May Both business expectations and current business conditions fell Probability of longer recession rises BERLIN, June 26 (Reuters)…

Canadian firms see labor market pressure easing, near-term inflation slowing

[ad_1] By Steve Scherer OTTAWA, June 30 (Reuters) – Canadian businesses see labor pressures easing and expect short-term inflation to edge down, the Bank of Canada said on Friday in…

UK economy makes weak start to 2023 as inflation weighs

[ad_1] [1/3]Customers shop at a fruit and vegetable stall at Portobello Road in London, Britain, March 31, 2023. REUTERS/Toby Melville UK Q1 GDP growth unrevised at 0.1% quarter-on-quarter Economy remains…

US banks scramble on research fees as reprieve on European rules runs out

[ad_1] NEW YORK, June 28 (Reuters) – Wall Street banks and brokerages are in a last-minute scramble to meet a July 3 deadline to charge investors for research reports, bankers…

Canada’s inflation rate slows, weakening case for a July rate hike

[ad_1] OTTAWA, June 27 (Reuters) – Canada’s annual inflation rate came in at 3.4% in May, its slowest pace in two years, data showed on Tuesday, weakening the case for…