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ECB raises interest rates as Iran war fuels inflation fears

ECB raises interest rates as Iran war fuels inflation fears

By Francesco Canepa and Balazs Koranyi FRANKFURT, Sept 10 (Reuters) - The European Central Bank raised interest rates on Thursday for the second time this year, seeking to quell an energy-driven rise in inflation triggered by the Iran war.
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ECB to hike rates as Iran war fuels fresh inflation fears

ECB to hike rates as Iran war fuels fresh inflation fears

By Francesco Canepa and Balazs Koranyi FRANKFURT, Sept 10 (Reuters) - The European Central Bank looks set to raise interest rates on Thursday for the second time this year, seeking to head off an energy-driven surge in inflation triggered by the Iran war.
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European Central Bank raises interest rates a quarter point to quell energy-fueled inflation

European Central Bank raises interest rates a quarter point to quell energy-fueled inflation

The European Central Bank is raising interest rates to cool inflation that is being fed by high oil prices from the Iran war
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Lagarde comments at ECB press conference

Lagarde comments at ECB press conference

FRANKFURT, Sept 10 (Reuters) - The European Central Bank raised its policy rate on Thursday for the second time this year, by a quarter point to 2.50%, seeking to quell an energy-driven rise in inflation triggered by the Iran war.
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Oil tops $100, stocks slide as Middle East tensions escalate

Oil tops $100, stocks slide as Middle East tensions escalate

By Sruthi Shankar Sept 9 (Reuters) - Brent crude prices surged past $100 a barrel on Wednesday, as escalating conflict in the Middle East fuelled worries about energy-driven inflation and sent global stocks tumbling ahead of several major central bank decisions.
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Portugal debt upgrade seals PIIGS passage from pariahs to pin-ups

Portugal debt upgrade seals PIIGS passage from pariahs to pin-ups

By Sara Rossi, Valentina Consiglio and Alessia Pe MILAN, Sept 10 (Reuters) - Fitch's upgrade of Portugal's debt last week, its second in a year, marked the latest promotion among the five euro zone countries labelled the PIIGS during Europe's 2011 debt crisis.
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The Latest: Republicans prepare for Day 1 of Trump-heavy midterm convention in Dallas

The Latest: Republicans prepare for Day 1 of Trump-heavy midterm convention in Dallas

Republicans are gathering in Dallas for a two-day midterm convention with President Donald Trump at the center
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The Latest: Republicans gathering for 'Trump-a-palooza' convention in Dallas

The Latest: Republicans gathering for 'Trump-a-palooza' convention in Dallas

Republicans are gathering in Dallas on Wednesday for a highly unusual midterm convention, a “Trump-a-Palooza” that will put Trump at the center of this fall’s midterm elections — whether the candidates running like it or not
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European shares subdued as surging crude sharpens focus on ECB rate path

European shares subdued as surging crude sharpens focus on ECB rate path

By Medha Singh and Ragini Mathur Sept 7 (Reuters) - European shares closed flat on Monday as rising oil prices following renewed U.S.-Iran tensions fuelled inflation worries, offsetting stronger-than-expected euro zone economic data. The pan-European STOXX 600 ended at 649.9 points.
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European shares dip as higher oil prices weigh; Novartis slips

European shares dip as higher oil prices weigh; Novartis slips

Sept 7 (Reuters) - European shares edged lower on Monday as oil prices climbed after a fresh exchange of strikes between the United States and Iran, fuelling inflation concerns and bolstering expectations that the European Central Bank may need to keep raising interest rates beyond this week's
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German exports unexpectedly fall as trade volatility bites

German exports unexpectedly fall as trade volatility bites

By Maria Martinez Sept 8 (Reuters) - German exports unexpectedly fell in July, as weaker shipments to European Union countries and China underscored the fragility of a trade-led recovery in Europe's largest economy.
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Why isn't oil above $100 despite supply disruptions?

Why isn't oil above $100 despite supply disruptions?

(Corrects China's reserves to 1.17 billion barrels, not 1.7 billion, in paragraph 20) By Florence Tan SINGAPORE, Sept 8 (Reuters) - Global oil benchmark Brent crude has rallied this month but stayed below $100 a barrel despite recent escalation in the U.S.-Iran conflict that has disrupted Gulf