Rapid wage growth to prolong high euro zone inflation: ECB's Nagel

EDINBURGH (Reuters) - The European Central Bank must continue to raise interest rates and should speed up the reduction of its balance sheet as rapid wage growth is putting upward pressure on an

Europe risks huge migrant inflows without aid to Tunisia, Italian minister says

MILAN (Reuters) - Europe risks seeing "tens, maybe hundreds of thousands" of sea migrants arrive on its shores from North Africa if economic aid is not granted soon to Tunisia, Italian Foreign

Euro zone services firms enjoy buoyant March but factories struggle -flash PMI

LONDON (Reuters) - Business activity across the euro zone unexpectedly accelerated this month as consumers splashed out on services, but weakening demand for manufactured goods deepened the downturn

Euro zone bond yields fall on lingering financial stability concerns

By Stefano Rebaudo March 24 (Reuters) - Euro zone yields fell with investors betting on fewer rate hikes from the European Central Bank, while lingering banking stability concerns boosted demand for

Spain's GDP expands 5.5% in 2022 in line with preliminary estimate

(Breaks down the GDP data and adds context) March 24 (Reuters) - Spain's gross domestic product grew by 5.5% in 2022, official data showed on Friday, confirming a preliminary estimate released in

Hong Kong's SFC Concludes Consultation On Introduction Of New Regulated Activity For Depositaries Of Public Funds

March 24 (Reuters) - Hong Kong's Securities and Futures Commission * SAYS IT CONCLUDES CONSULTATION ON INTRODUCTION OF NEW REGULATED ACTIVITY FOR DEPOSITARIES OF PUBLIC FUNDS * SAYS THE RA 13 REGIME

BoE's Bailey urges firms to look at inflation forecasts when setting prices

(Adds detail) LONDON, March 24 (Reuters) - British businesses should consider official forecasts showing inflation will fall this year when setting their prices, Bank of England Governor Andrew Bailey

Deutsche Bank shares tumble, default insurance cost shoots up

(Updates with shares, bond prices) LONDON/FRANKFURT, March 24 (Reuters) - Deutsche Bank shares fell for a third day on Friday, after a sharp jump in the cost of insuring against the risk of default

Services drive acceleration in German business activity in March - flash PMI

BERLIN, March 24 (Reuters) - German business activity expanded for a second month running in March, boosted by a services sector revival that more than offset a manufacturing decline in Europe's

Turkish foreign visitor arrivals leap 21.35% in February

ANKARA, March 24 (Reuters) - The number of foreign visitors arriving in Turkey jumped 21.35% from a year earlier to 1.87 million in February, tourism ministry data showed on Friday. The arrivals