Business

Sharp slowdown in growth of bank lending for euro zone and Germany forecast

Monday, June 26 by SRN News

FRANKFURT (Reuters) – High interest rates will keep a lid on the pace of bank lending in Europe this year and next, with a particular slowdown in growth in Germany as demand for loans tails off, according to a study... Read More.

Exclusive-Deutsche Bank tells investors some of their Russian shares are missing

Monday, June 26 by SRN News

By Sinead Cruise and Carolina Mandl LONDON/NEW YORK (Reuters) – Deutsche Bank has told clients it can no longer guarantee full access to Russian stocks that belong to them, underlining the challenges global investors face to recover stranded investments in the... Read More.

Sweden sees ’cause for concern’ on retailer margins as food prices surge

Monday, June 26 by SRN News

By Marie Mannes STOCKHOLM (Reuters) – Sweden’s competition authority has expressed concern about margins being charged by supermarkets and wholesalers as it probes possible profiteering in a country that saw the largest food price increases in the Nordics this year. Food inflation... Read More.

S&P cuts China GDP forecast as calls for stimulus intensify

Monday, June 26 by SRN News

BEIJING (Reuters) -S&P Global cut its forecast for economic growth in China this year, underscoring the uneven nature of the country’s post-reopening recovery that is spurring more calls for further stimulus. S&P now expects China to log GDP growth of 5.2% in 2023, down... Read More.

In the Market: How to harness the benefits of corporate diversity

Monday, June 26 by SRN News

By Paritosh Bansal (Reuters) – In the early 2000s, Maryann Bruce and other senior women executives at Wachovia bank formed an affinity group called the Women of Wachovia. Within three years, WOW went from having more than 100 women to far... Read More.

Dollar tentative as investors eye global rates, economic outlook

Monday, June 26 by SRN News

By Rae Wee SINGAPORE (Reuters) – The dollar was on the back foot on Monday, though it found some safe haven support on lingering worries that the protracted monetary tightening cycles from major central banks would further hurt the global economic... Read More.

Oil climbs, rouble falls as markets take mutiny in stride

Monday, June 26 by SRN News

By Tom Westbrook SINGAPORE (Reuters) – Oil was slightly higher on Monday and the rouble lower as an abortive weekend mutiny by Russian mercenaries raised questions about Russian stability and crude supply, but left investors hesitant to draw any further conclusions. Brent... Read More.

A second life for EV batteries? Depends how long the first is

Monday, June 26 by SRN News

By Nick Carey, Paul Lienert and Victoria Waldersee LONDON (Reuters) – Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for battery packs and cell materials, and the appetite for affordable cars cast... Read More.

Rouble opens at 15-month low vs dollar after aborted mutiny

Monday, June 26 by SRN News

(Reuters) – The Russian rouble opened at a near 15-month low against the dollar in early morning trade on Monday, responding for the first time to an aborted mutiny by heavily armed mercenaries over the weekend. By 0415 GMT, the rouble... Read More.

Marketmind: Markets take mutiny in their stride, for now

Monday, June 26 by SRN News

A look at the day ahead in European and global markets from Tom Westbrook Investors in the Asia session were circumspect after an extraordinary weekend in Russia, briefly bidding up oil a little bit but otherwise standing back to wait for clarity. Mercenaries from the Wagner... Read More.

Current Weather

Sharp slowdown in growth of bank lending for euro zone and Germany forecast

Exclusive-Deutsche Bank tells investors some of their Russian shares are missing

Sweden sees ’cause for concern’ on retailer margins as food prices surge

S&P cuts China GDP forecast as calls for stimulus intensify

In the Market: How to harness the benefits of corporate diversity

Dollar tentative as investors eye global rates, economic outlook

Oil climbs, rouble falls as markets take mutiny in stride

A second life for EV batteries? Depends how long the first is

Rouble opens at 15-month low vs dollar after aborted mutiny

Marketmind: Markets take mutiny in their stride, for now

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