By Christoph Steitz and Daniela Pegna FRANKFURT (Reuters) – Germany’s upcoming national election is likely to show the most fragmented outcome in decades and markets could struggle to work out the implications for stocks, with...
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Seoul warns of debt hangover as apartment price growth hits 15-yr high
By Cynthia Kim SEOUL (Reuters) – A senior South Korean official on Thursday called for greater efforts to manage the country’s excessive borrowing, saying problems at China Evergrande served as an example of the debt issues...
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Norway raises interest rates, says another hike likely in December
OSLO (Reuters) – Norway’s central bank raised its benchmark interest rate on Thursday as expected, and said more hikes will follow as it joins a short but growing list of nations moving away from emergency-level borrowing...
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Taiwan says ‘risk’ to its Trans-Pacific trade pact bid if China joins first
By Ben Blanchard and Yimou Lee TAIPEI (Reuters) -There is a “risk” to Taiwan’s application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) if China joins first, Taiwan’s...
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Italy’s Enel spins off new firm for digital grid services – report
ROME (Reuters) -Europe’s biggest utility Enel has set up a new company dedicated to digital grid services, which aims to have a revenue of 1.5 billion euros ($1.76 billion) by 2030, newspaper Il Sole 24 Ore reported on Wednesday....
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California governor signs legislation to protect warehouse workers
(Reuters) -California Governor Gavin Newsom on Wednesday signed a bill that limits warehouse employers like Amazon.com Inc from setting productivity quotas, the first legislation of its kind in the United States. The new provisions...
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