Spanish Inflation Accelerates as Government Energy Aid Removed
Spanish inflation quickened for a second month as the government continued to remove support that had helped keep a lid on soaring energy costs.
Spanish inflation quickened for a second month as the government continued to remove support that had helped keep a lid on soaring energy costs.
Sweden’s economy posted a fourth consecutive quarter of contraction as interest-rate cuts that could spur activity in the largest Nordic nation are yet to materialize.
Oil slipped as the US pushed to broker a peace deal between Israel and Hamas that would reduce geopolitical tensions in the Middle East.
Embattled French IT services company Atos SE raised the amount of cash it is seeking to €1.7 billion ($1.8 billion) from €1.2 billion previously and wants to cut its debt further in an update to its rescue plan.
China’s central bank has advised some regional lenders to curtail their ultra-long bond investments to mitigate risks, people familiar with the matter said.
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