Browsing: Economy

MILAN (Reuters) – A law proposed by the Italian prime minister’s party to help those in arrears risks damaging the country’s non-performing loan (NPL) market, which…

CERNOBBIO, Italy (Reuters) – The chairman of Intesa Sanpaolo (OTC:) sees no cause for alarm over the impact of the windfall tax on Italian banks and…

By Gavin Jones ROME (Reuters) -Italy’s GDP shrank by 0.4% in the second quarter from the first and its manufacturing sector contracted in August for a…

By Kopano Gumbi and Wendell Roelf CAPE TOWN (Reuters) – The International Monetary Fund’s First Deputy Managing Director Gita Gopinath praised South Africa’s central bank for…

By Jarrett Renshaw (Reuters) – The Biden administration on Friday added $4 billion to a supplemental funding request to Congress to help pay for relief efforts…

WASHINGTON (Reuters) – Top U.S. Senate Democrat Chuck Schumer on Friday said House Republicans would be to blame if lawmakers are unable to reach a deal…

By Ankika Biswas and Shashwat Chauhan (Reuters) -European shares were flat on Friday as a decline in luxury firms and automakers offset gains in commodity-linked sectors,…

By Marc Jones LONDON (Reuters) – Credit rating agency Moody’s (NYSE:) raised its 2023 U.S. economic growth forecast on Friday but cut its estimate next year…

By Marc Frank and Nelson Acosta HAVANA (Reuters) – Representatives of 14 western creditor nations, grouped in the Paris Club, were in Cuba this week to…

By Howard Schneider WASHINGTON (Reuters) – Data since the Federal Reserve’s last policy meeting has added to the impression the U.S. economy is cooling without cracking,…