LONDON, Feb 21 Reuters Switzerland sent 58.3 tonnes of gold worth 3.3 billion Swiss francs 3.6 billion to Turkey in January, by far the most for any month in records stretching back to 2012, Swiss customs data showed on Tuesday. Gold is traditionally seen as a safe means of storing wealth and Turkish demand for […]

Feb 21 Reuters Goldman Sachs said it was expecting the European Central Bank to raise interest rates thrice this year, taking the terminal rate to 3.5 from 3.25 estimated earlier. In a note dated late Monday, the brokerage said in addition to an increase of 50 basis points in March and 25 basis points in […]

Feb reading of 28.1 vs expected 22.0 Current conditions up 4th month in a row Data points to economic pickup analyst BERLIN, Feb 21 Reuters German investor sentiment continued on its recovery path in February, the ZEW economic research institute said on Tuesday, as the economic outlook for the euro zone39;s largest economy has considerably […]

BERLIN, Feb 21 Reuters German exporters39; hopes of a revival in trade with China after Beijing abruptly dismantled its strict zeroCOVID policy in December failed to materialise at the start of the year, federal statistics office data showed on Tuesday. Exports to China fell by 7.1 in January compared with the same month last year, […]

Nine out of 10 firms in trial stick to fourday week Companies say employees work more in less time Fourday week gains appeal, but some companies still reticent LONDON, Feb 21 Reuters Dozens of British employers trialling a fourday working week have mostly decided to stick with it after a pilot hailed as a breakthrough […]

OTTAWA, Feb 21 Reuters Canada39;s annual inflation rate eased more than expected in January to 5.9, data showed on Tuesday, which should allow the Bank of Canada to keep interest rates steady at its next meeting while it lets previous rate hikes sink in. Analysts had expected inflation to edge down to 6.1 from 6.3 […]

UK composite PMI surges unexpectedly in February Sterling and gilt yields rise on back of PMI Price pressures show further easing Manufacturing contracts again, but pace of decline cools LONDON, Feb 21 Reuters Britain looks on course to sidestep a long recession after a survey showed a surprise return to growth by businesses this month, […]