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Posted 02/02/2023

ECB Takes Rates to 3% after a 50bps Hike, Signalling Half-Percentage Raise to Come in March

The European Central Bank (ECB) raised the main refinancing rate by 50 basis points...

Posted 02/02/2023

ECB, Bank of England Ready for Bigger Rate Hike than Fed’s Latest Move to Tame Inflation

The European Central Bank and the Bank of England are both likely to raise...

Posted 24/01/2023

Ford Plans to Cut 3,200 Jobs in Attempt to Lower Expenses, Workers’ Union Says

Ford Motor Company planned to lay off 3,200 jobs in Europe and move some...

Posted 06/01/2023

Eurozone Dec Inflation Drops for Second Month to 9.2%

Inflation in the euro zone fell for a second consecutive month in December, marking...

Posted 05/01/2023

EU to Require Arrivals from China to Show Negative Covid Test Before Entering Europe

European countries agreed on Wednesday to impose new restrictions on travelers from China in...

Posted 26/12/2022

Russia Poised to Resume gas Shipments to Europe via Yamal-Europe Pipeline

Russia's Deputy Prime Minister Alexander Novak told the state-run TASS news agency on Sunday...

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