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Analysis-Euro zone firms struggle to raise prices despite Iran war shock

Analysis-Euro zone firms struggle to raise prices despite Iran war shock

By Francesco Canepa and Rob Lang FRANKFURT, June 2 (Reuters) - Only a third of the euro zone's largest companies have indicated they are raising prices in response to the Iran war, a Reuters analysis of listed corporate earnings commentary shows, suggesting a weak economy is curbing their pricing
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Euro fails to nab big market share from dollar despite erratic US policy, report shows

Euro fails to nab big market share from dollar despite erratic US policy, report shows

FRANKFURT, June 2 (Reuters) - The global role of the euro currency hardly budged last year, disappointing some hopes that erratic economic policy in the United States could give it a big boost, as investors moved into gold and smaller currencies instead, an ECB report showed.
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Factbox-Key ECB policymaker quotes in run-up to June 11 policy meeting

Factbox-Key ECB policymaker quotes in run-up to June 11 policy meeting

FRANKFURT, June 2 (Reuters) - The following are key quotes from European Central Bank policymakers in the run-up to the June 11 policy meeting. Financial markets have fully priced in a rate hike by July at the latest, while economists polled by Reuters see a move in June.
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Ukraine's Zelenskiy seeks progress on peace talks before winter

Ukraine's Zelenskiy seeks progress on peace talks before winter

May 31 (Reuters) - Ukrainian President Volodymyr Zelenskiy, in an interview broadcast on Sunday, said he wanted to press on with talks on securing peace with Russia before the onset of winter to take account of Kyiv's improved strategic position.
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UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows

LONDON, June 1 (Reuters) - British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains, according to a survey likely to concern the Bank of England.
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Euro zone consumers take benign view on inflation surge, ECB survey shows

Euro zone consumers take benign view on inflation surge, ECB survey shows

FRANKFURT, June 1 (Reuters) - Euro zone consumers kept steady or lowered their inflation expectations in April, a hopeful sign for policymakers that crucial medium-term price bets are not signalling any oversized shift away from the target, an ECB survey showed on Monday.
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Denmark's Frederiksen secures third term as prime minister

Denmark's Frederiksen secures third term as prime minister

By Stine Jacobsen COPENHAGEN, June 1 (Reuters) - Denmark's Social Democratic leader Mette Frederiksen said on Monday she has agreed to form a centre-left coalition government, maintaining her grip on power amid a crisis in ties with U.S. President Donald Trump over the future of Greenland.
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How Trump's Ukraine aid cuts undermine justice for Russian war crimes

How Trump's Ukraine aid cuts undermine justice for Russian war crimes

By Anthony Deutsch IZIUM, Ukraine, May 31 (Reuters) - Roksolana Makar braved icy roads and the threat of drone strikes to interview a woman in the Ukrainian town of Izium who said Russian forces tortured her.
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Factories face soaring costs as Iran war causes supply shocks

Factories face soaring costs as Iran war causes supply shocks

By Jonathan Cable and Leika Kihara LONDON/TOKYO, June 1 (Reuters) - The economic shock from the Iran war hit European factories last month, suppressing demand for their goods and pushing up raw material costs at the fastest rate in four years, although their Asian peers saw activity expand due to
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Dollar steadies as markets await signals on Iran war, central banks

Dollar steadies as markets await signals on Iran war, central banks

By Rocky Swift TOKYO, June 1 (Reuters) - The U.S. dollar held steady on Monday after a weekly loss as markets awaited the results of peace talks in the Middle East and signals on the timing of central bank rate hikes.
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Russian spies are aggressively seeking Western technology as sanctions bite, officials say

Russian spies are aggressively seeking Western technology as sanctions bite, officials say

Russian intelligence agencies have grown more aggressive in their efforts to steal Western technology and defense secrets as sanctions squeeze the country’s wartime economy
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Inflation fight again putting central bank independence under strain, policymakers say

Inflation fight again putting central bank independence under strain, policymakers say

By Balazs Koranyi DUBROVNIK, Croatia, May 30 (Reuters) - Central bank independence is again coming under pressure as policymakers push through unpopular measures to curb surging prices, prompting political interference that could erode trust and deepen the crisis, current and former officials said.