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EU set to release billions in funds for Hungary - sources

EU set to release billions in funds for Hungary – sources

Funds worth 10% of Hungary’s 2022 GDP estimate at stake Orban seeks EU deal as Hungarian economy struggles Funds frozen due to democratic deficits in Hungary The EU executive is expected to take its next decision on November 29 BRUSSELS, Nov 17 (Reuters) – The European Union executive is on track to release billions of …

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European retailers scramble to keep prices low to attract struggling shoppers

European retailers scramble to keep prices low to attract struggling shoppers

LONDON, Nov 9 (Reuters) – Some European retailers forecast or announced better sales for the year this week after scrambling to keep prices low to attract cash-strapped shoppers, while others including Marks & Spencer (MKS.L) and Adidas (ADSGn.DE) warned of profiteering. Many consumers have turned to cheaper private label products, boosting sales at retailers like …

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Debt market tensions in Europe force some governments to rework trade rules

Debt market tensions in Europe force some governments to rework trade rules

Oct 31 (Reuters) – Some eurozone countries have eased rules for banks handling their government debt trading to help them weather some of the toughest market conditions in years, officials said. officials at Reuters. Of the 11 major eurozone debt management agencies contacted by Reuters, Dutch and Belgian officials told Reuters they had relaxed various …

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Manitowoc: Grove to launch GMK4070L at bauma 2022;  to expand the market opportunities of four-axle all-terrain cranes

Manitowoc: Grove to launch GMK4070L at bauma 2022; to expand the market opportunities of four-axle all-terrain cranes

Featured on the Manitowoc stand at bauma 2022, the 70t crane features the longest boom and strongest load charts in its class. It will include innovative MAXbase technology for easier and more flexible outrigger placement as well as faster and more efficient setup. It is one of the company’s first cranes to feature the revolutionary …

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The Fed may have to slow down or stop reducing its balance sheet in 2023, says Barclays

The Fed may have to slow down or stop reducing its balance sheet in 2023, says Barclays

NEW YORK, Oct 20 (Reuters) – The Federal Reserve may have to slow down or stop trimming its balance sheet by nearly $9 trillion sooner than many currently expect, according to a Barclays report. Investment banking analysts wrote this week that the current pace of decline is likely to change in the first half of …

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