Fall in euro zone Nov business activity adds to recession expectations -PMI

[ad_1] A waiter picks up the terrace of the Zurich bar at Placa de Catalunya in Barcelona, Spain April 4, 2023. REUTERS/Nacho Doce/File Photo Acquire Licensing Rights LONDON, Dec 5…

UBS chairman says Swiss financial regulator needs more teeth

[ad_1] [1/2]A logo is pictured on the Swiss bank UBS headquarters in Zurich August 12, 2008./File Photo Acquire Licensing Rights ZURICH, Nov 28 (Reuters) – UBS (UBSG.S) Chairman Colm Kelleher…

Sterling steady, dollar wobbles as markets brace for post-Thanksgiving buzz

[ad_1] A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha Acquire Licensing Rights SINGAPORE, Nov 27 (Reuters) – The dollar kicked…

Germany moves to suspend debt brake for 2023 to fix budget turmoil

[ad_1] Steel coils are waiting for delivery at the storage and distribution facility of German steel maker ThyssenKrupp in Duisburg, Germany, November 16, 2023. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights…

Euro zone business activity fell again in November

[ad_1] LONDON, Nov 23 (Reuters) – The downturn in euro zone business activity eased in November but remained broadbased, suggesting the bloc’s economy will contract again this quarter as consumers…

German business sentiment improves in November – Ifo

[ad_1] People carry their shopping bags in downtown Hamburg, Germany, January 25, 2018. REUTERS/Fabian Bimmer/File Photo Acquire Licensing Rights BERLIN, Nov 23 (Reuters) – German business morale improved for a…

Take Five: Warming up this winter

[ad_1] Nov 24 (Reuters) – Investors are torn over when global interest rates are likely to start falling, which is weighing on the dollar at a seasonally tricky time of…

Germany shelves 2024 budget talks as crisis deepens

[ad_1] Chancellor Olaf Scholz speaks next to Finance Minister Christian Lindner and Economy and Climate Minister Robert Habeck during a hearing at Germany’s lower house of parliament Bundestag following the…

UBS CEO says private buyer preferred outcome in case of rescue

[ad_1] People walk past the headquarters of Swiss bank UBS in Zurich April 30, 2013. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights ZURICH, Nov 22 (Reuters) – UBS is one of…

Italy’s economy shrinks in latest quarter, casting shadow over outlook

[ad_1] An employee works at the luxury boat-maker company ‘Fratelli Canalicchio’ who are facing growing difficulties as the price of steel has doubled over the last year crimping profit margins…