Category: Economy

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Ireland’s AIB expects 10% rise in net interest income in 2022

Ireland’s AIB expects 10% rise in net interest income in 2022

AIB Group expects net interest income to jump by 10% this year as a result of more aggressive European Central Bank (ECB) and Bank of England (BOE) ra [...]
Euro zone business lending unexpectedly surges in June

Euro zone business lending unexpectedly surges in June

Lending to euro zone companies accelerated in June, confounding fears that banks are tightening access to credit as uncertainty about inflation and th [...]
Interlinked climate risks could ripple through euro zone, ECB study says

Interlinked climate risks could ripple through euro zone, ECB study says

Climate shocks could quickly ripple through the euro zone economy as financial interlinkages amplified dangers and losses, a study by the European Cen [...]
Nine out of ten Britons increasingly keeping tabs on spending -NielsenIQ

Nine out of ten Britons increasingly keeping tabs on spending -NielsenIQ

Sales volumes at UK supermarkets fell 4.1% year-on-year in the four weeks to July 16, with nine out of ten Britons saying they are increasingly watchi [...]
U.K. Jobless Claims Fall Less than Feared as Wages Fall Short of Inflation

U.K. Jobless Claims Fall Less than Feared as Wages Fall Short of Inflation

The number of people claiming jobless benefits fell by 20,000 in June, less than expected, while average earnings growth slowed and fell further behin [...]
German chemical industry has no gas left to cut, warns association

German chemical industry has no gas left to cut, warns association

Germany's chemical industry has already done everything it can to conserve gas use, said chemical association VCI on Tuesday, which warned that the on [...]
Bulgaria’s current account posts 0.7%/GDP deficit through May

Bulgaria’s current account posts 0.7%/GDP deficit through May

Bulgaria posted a current account deficit of 526 million euros ($538.73 million), equal to 0.7% of economic output in the first five months, compared [...]
Euro zone bond yields lower, Italy remains in focus

Euro zone bond yields lower, Italy remains in focus

Euro zone government bond yields edged down on Tuesday, as bond markets took comfort from a pullback in lofty gas prices while keeping one eye on how [...]
Euro zone bond yields jump as ECB seen mulling 50 bps July rate hike

Euro zone bond yields jump as ECB seen mulling 50 bps July rate hike

Euro zone government bond yields shot higher on Tuesday following a source-based report that the European Central Bank would discuss whether to raise [...]
JPMorgan, Morgan Stanley, Tesla Fall Premarket; AMD, Costco Rise

JPMorgan, Morgan Stanley, Tesla Fall Premarket; AMD, Costco Rise

Stocks in focus in premarket trade on Thursday, July 14th. Please refresh for updates. JPMorgan (NYSE:JPM) stock fell 3.1% after the largest U.S. b [...]
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