Page 31 - Mark John News Today

Piero Cipollone, Italy's choice for the European Central Bank's executive board, has a reputation for discreetly helping Rome's eurosceptic government rub along with EU institutions and brings skills in economics, particularly in digital money, tempered with pragmatism, people who have worked with him say. Cipollone, a three-decade veteran of the Bank of Italy, was the only candidate proposed to replace Fabio Panetta when nominations closed on Wednesday, the head of the Eurogroup...

By Giselda Vagnoni ROME (Reuters) - Piero Cipollone, Italy's choice for the European Central Bank's executive board, has a reputation for discreetly h...

European Central Bank policymakers are increasingly concerned about deteriorating growth prospects and, while the debate is still open, momentum for a pause in its rate hikes is building, eight sources with direct knowledge of the discussion said. The ECB has raised rates at each of its past nine meetings to tame prices, most recently on July 27, when it left its options open for its next meeting in September, with policymakers divided between a pause and tightening further. Conversations with...

Gates Hospitality, a leading hospitality institution known for its successful brands across the Middle East and beyond has partnered with frntlne, a cutting-edge company with a world-first, science-backed proprietary online platform.

When the United States launched its massive green subsidies push a year ago, many in Europe feared it would be a fresh blow to their regional economy grappling with the knock-on effects of war in...

Lean times faced by many U.S. and European companies may last longer than expected as they try to sell off their bulging inventories in an economic climate where demand is stalling. ... -Today at 02:00 am- MarketScreener

Lean times faced by many U.S. and European companies may last longer than expected as they try to sell off their bulging inventories in an economic climate where demand is stalling. Full-to-bursting warehouses means fewer orders for manufacturers, which translates into lower levels of business activity and, ultimately, weaker growth. The high stock levels are the result of retailers, wholesalers and manufacturers stockpiling everything from beer to DIY tools, chemicals and clothes as COVID-19 ...

The European Central Bank is on the back foot again and this time the bad news doesn't come from Greece, Italy or any of the usual suspects in the bloc's poorer south. The club's biggest member and supposed powerhouse, Germany, has been hit by a toxic mix of weak trading with key partner China, a slump in its large manufacturing and construction sectors and even some existential questions about a business model predicated on cheap fuel from Russia. Trouble in Germany is hobbling...

The European Central Bank is on the back foot again and this time the bad news doesnt come from Greece, Italy or any of the usual suspects in the blocs poorer south. The clubs biggest... -Today at 04:03 am- MarketScreener

Chinas unexpectedly poor export performance as revealed on Tuesday is still largely down to wider economic headwinds. But underlying trade and investment trends point to an unmistakable long-term...