europe

Top European bankers warn on recession, China and U.S. banks

Deutsche Bank (DBKGn.DE) chief Christian Sewing, painting a bleaker assessment of the German economy, warned on Wednesday that China was a considerable…

3 years ago

Analysis: Europe’s banks dim lights as they brace for winter blackout

Some of Europe's biggest banks are preparing back-up generators and to dim the lights as they brace for potential power…

3 years ago

EU gas price rockets higher after Russia halts Nord Stream flows

European gas prices rocketed as much as 30% higher on Monday after Russia said one of its main gas supply…

3 years ago

Ukraine economy could grow by 15.5% in 2023 after deep fall – minister

Ukraine's economy should stabilise over the coming year and expand by as much as 15.5% in 2023, depending on military…

3 years ago

European stocks eye worst day in over a month on looming energy crisis

European shares were on Monday set for their worst day in more than a month as worries about tightening gas…

3 years ago

Morning Bid: Yuan, euro and pound head down the Hole

Global central banks are scattering again, propelling a resurgent U.S. dollar to its highest in almost two years against China's…

3 years ago

Oil stays near multi-month lows on demand worries

Oil prices inched up from multi-month lows on Monday as lingering worries about demand weakening on the back of a…

3 years ago

Exclusive: Saudi, UAE save oil firepower in case of winter supply crisis

OPEC leaders Saudi Arabia and the United Arab Emirates stand ready to deliver a "significant increase" in oil output should…

3 years ago

GLOBAL ECONOMY Factories squeezed by higher prices, weak demand

Factories across Asia and Europe struggled for momentum in July as flagging global demand and China's strict COVID-19 restrictions slowed…

3 years ago

Russian gas cut to Europe hits economic hopes, Ukraine reports attacks on coastal regions

Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine,…

3 years ago