The start of the year is normally a time when Europe’s bankers wait nervously for a word on their bonuses. But weeks into 2025, some are starting to wonder if they will even have a job.
Deutsche Bank AG Chief Executive Officer Christian Sewing said the next steps in his strategic plan for the lender may involve cutting underperforming units to improve profitability.
European markets closed at record highs Thursday as investors reacted to the European Central Bank’s fifth consecutive ...
I didn't know whether to laugh or cry when I heard Keir Starmer tell businesses how his new "growth rule" would veto policies that fail to boost the economy.
- 08:15 (EU) ECB Interest Rate Decision: Expected to cut Key Rates by 25bps; Expected to cut Deposit Rate by 25bps to 2.75%; Expected to cut Main 7-Day Refinancing Rate by 25bps to 2.90%; Expected to ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Last week the Federal Reserve described the US labour market as “solid” and noted that the unemployment rate had stabilised. This week’s monthly jobs report on Friday will put that view to the test.
Rachel Reeves vowed to make growth her number one mission. She unveiled a controversial plan to expand Heathrow airport as ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
senior economist at Deutsche Bank. The move could be the first in what two big US investment banks see as a series of rate cuts if the economy continues to struggle, forcing the Bank to take even ...
The president has an ambitious economic plan, starting with trade, and doesn’t appear interested in negotiations—yet.
Goodyear Tire & Rubber Co. (NASDAQ:GT) has announced a rationalization plan aimed at reducing production capacity and cutting production costs per tire in the Americas. The decision, effective as of ...