Growth stocks bounce as Treasury yields drop Tesla jumps as Citigroup upgrades Nordstrom falls on reduced profit forecast Dow Jones Industrial closed at highest level since April Dow up 0.28, SP 500 up 0.59, Nasdaq up 0.99 Nov 23 Reuters Wall Street39;s main indexes ended Wednesday with solid gains after the Federal Reserve39;s November meeting […]

LONDON, Nov 24 Reuters British industrial orders weakened a little in November and manufacturers were gloomy about the outlook for the coming months, a survey showed on Thursday. The Confederation of British Industry39;s CBI monthly order books balance fell to 5 from 4 in October, although it was still above the longrun average of 13. […]

WELLINGTON, Nov 23 Reuters New Zealand39;s central bank on Wednesday hiked interest rates by a record amount and warned the economy might have to spend an entire year in recession to bring skyhigh inflation under control. The Reserve Bank of New Zealand RBNZ raised the official cash rate OCR by 75 basis points to 4.25 […]

BERLIN, Nov 22 Reuters Germany39;s finance ministry aims to introduce a 33 tax on oil and gas companies that have benefited from windfall profits, Die Welt newspaper reported on Tuesday. Citing a draft document, Die Welt said companies in the oil, gas, coal and refining sectors whose profits for this and next year are more […]

LONDON, Nov 22 Reuters Providers of environment, social and governance ESG ratings on companies will be asked to apply a voluntary best practice code as a first step to regulating the sector, Britain39;s Financial Conduct Authority said on Tuesday. Trillions of dollars have flowed into sustainable investments globally using unregulated ESG ratings on companies as […]

LONDON, Nov 22 Reuters The European Central Bank will press on with policy tightening, adding 50 basis points to its deposit rate next month as it worries rapid price growth is becoming entrenched, despite the bloc almost certainly entering recession, a Reuters poll found. Inflation in the region has soared due to surging energy prices […]

BERLIN, Nov 21 Reuters One of Germany39;s main industry lobby groups called on Monday for more support for industry to diversify trade beyond China, as the government prepares new policies aimed at reducing the economy39;s dependence on Beijing. Businesses faced an administrative burden from planned measures such as stress tests and greater scrutiny on investments […]

For families earning less than 25,200 euros Help also for households earning less than 29,400 euros Banks have concerns about higher provisions Measures include grace periods, extended repayments periods Plan to be finalised on Tuesday after talks with banks MADRID, Nov 22 Reuters The Spanish government and banks have agreed in principle on mortgage relief […]

PARIS, Nov 22 Reuters Industrial gases company Air Liquide and TotalEnergies plan to produce lowcarbon hydrogen at the Grandpuits site in France, the pair said on Tuesday, as France looks to increase its sources of renewable energy. France and other European countries are aiming to build up their renewable energy resources with Russian energy supplies hit as […]

Oct export orders 6.3 yy vs 1 poll forecast Export orders from China 26.7 yy vs 27.9 in Sept Ministry sees Nov orders between 14.5 and 17.6 yy Outlook difficult, not helped by China39;s zeroCOVID policy TAIPEI, Nov 21 Reuters Taiwan39;s export orders contracted more severely than expected in October on weak consumer demand hit […]