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Italian banks must quit Russia, ECB's Panetta says | WKZO | Everything Kalamazoo

STRESA, Italy (Reuters) - Italian banks must halt their business in Russia as staying in the country also brings a "reputational problem," European Central Bank policymaker Fabio Panetta said on Saturday. After Austria's Raiffeisen Bank Internation...
Giuseppe Fonte Fabio Panetta Intesa Sanpaolo Austria Raiffeisen Bank International European Central Bank Central Bank
Source: wkzo.com

Japan's Inflation Cools as BOJ Waits for Wage Gains to Kick In

(Bloomberg) -- Japan’s inflation cooled for a second month while staying above the Bank of Japan’s price target as the yen’s recent depreciation fuels concerns that cost-push inflationary pressures may be here to stay.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting SuspensionsSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationStocks Join Bonds in Falling as Fed-Cut Bets Wane: Marke...
Ken Kobayashi Erica Yokoyama Kohei Okazaki Fumio Kishida Bloomberg Businessweek Kazuo Ueda
Source: yahoo.com

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