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Image for Russia's Sberbank reports record 2024 profit of $18.1 billion
Finance

Russia's Sberbank reports record 2024 profit of $18.1 billion

By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) - Russia's largest lender Sberbank report...

27th February, 2025

Image for ECB rates no longer a material drag on growth, Schnabel says
Headlines

ECB rates no longer a material drag on growth, Schnabel says

FRANKFURT (Reuters) - The interest rate that neither slows not spurs euro zone growth has increased...

25th February, 2025

Image for Sterling steady before Bank of England economist remarks
Finance

Sterling steady before Bank of England economist remarks

LONDON (Reuters) - The pound held just shy of a two-month high against the dollar on Tuesday, and wa...

25th February, 2025

Image for UK home prices to rise 3.5% this year, Bank of England to continue cutting Bank Rate: Reuters poll 
Finance

UK home prices to rise 3.5% this year, Bank of England to continue cutting Bank Rate: Reuters poll 

By Jonathan Cable and Shaloo Shrivastava LONDON/BENGALURU (Reuters) - British home prices will rise...

25th February, 2025

Image for FTSE 100 closes higher as defence stocks offset Unilever
Finance

FTSE 100 closes higher as defence stocks offset Unilever

(Reuters) - UK's benchmark stock indexes advanced on Tuesday, boosted by heavyweight financial stock...

25th February, 2025

Image for Russia's VTB Bank reports record profits for 2024, recommends no dividend
Finance

Russia's VTB Bank reports record profits for 2024, recommends no dividend

By Elena Fabrichnaya MOSCOW (Reuters) - Russia's second-largest lender VTB Bank made record profits...

25th February, 2025

Image for Bank of England's Dhingra says policymakers divided over rate-cut pace
Finance

Bank of England's Dhingra says policymakers divided over rate-cut pace

By David Milliken LONDON (Reuters) -Bank of England policymakers do not have a consensus about how f...

24th February, 2025

Image for FTSE 100 flat as investors await speeches from BoE policymakers
Finance

FTSE 100 flat as investors await speeches from BoE policymakers

(Reuters) - Britain's blue-chip FTSE 100 kicked off the week higher on Monday, boosted by heavyweigh...

24th February, 2025

Image for Sterling edges down against euro after German election
Finance

Sterling edges down against euro after German election

By Greta Rosen Fondahn (Reuters) - The pound traded lower against the euro on Monday after Germany's...

24th February, 2025

Image for ECB's Wunsch warns of risk of 'sleepwalking' into excessive rate cuts, FT reports
Headlines

ECB's Wunsch warns of risk of 'sleepwalking' into excessive rate cuts, FT reports

(Reuters) - European Central Bank policymaker Pierre Wunsch said the euro zone faces the risk of "sl...

24th February, 2025

Image for Hungary's Orban launches tax exemption for mothers, cap on housing loan rates
Headlines

Hungary's Orban launches tax exemption for mothers, cap on housing loan rates

BUDAPEST (Reuters) - Hungarian Prime Minister Viktor Orban announced an income tax exemption for mot...

22nd February, 2025

Image for ECB's Villeroy reaffirms deposit rates could be at 2% by this summer
Finance

ECB's Villeroy reaffirms deposit rates could be at 2% by this summer

PARIS (Reuters) - The European Central Bank could cut its deposit rate down to 2% by this summer, sa...

22nd February, 2025