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Inflation jumps across euro zone, raising pressure on ECB to hike

Inflation jumps across euro zone, raising pressure on ECB to hike

By Maria Martinez and Balazs Koranyi BERLIN, Sept 30 (Reuters) - Inflation rose far quicker than expected in some of the euro zone's biggest economies this month due to the energy-price shock of the Iran war, increasing pressure on the European Central Bank to raise interest rates again.

Analysis-Euro's dollar resilience faces energy price, political risk tests

Analysis-Euro's dollar resilience faces energy price, political risk tests

By Sophie Kiderlin and Dhara Ranasinghe LONDON, Sept 29 (Reuters) - The fortunes of the euro, trading not far off its lowest levels of the year against the dollar, are in the grip of a global energy shock and growing political risk in Europe.

Bonds suffer bruising September, but stocks remain resilient

Bonds suffer bruising September, but stocks remain resilient

By Danilo Masoni and Rae Wee MILAN/SINGAPORE, Sept 30 (Reuters) - Global bonds inched up on Wednesday but were set for their worst month in years, hit by a mix of deteriorating government finances, a glut of debt issuance and rising inflation as the seven-month-old US-Israeli war on Iran keeps

Dollar set for September rise, mainly at euro's expense

Dollar set for September rise, mainly at euro's expense

By Tom Westbrook SINGAPORE, Sept 30 (Reuters) - The dollar stood near this year's high versus the euro on Wednesday and was poised for the largest monthly rise against it for 14 months, powered by US growth and rising US interest rates in contrast to the energy and debt worries swirling in Europe.

Dollar set for big rise in September, mainly at euro's expense

Dollar set for big rise in September, mainly at euro's expense

By Tom Westbrook SINGAPORE, Sept 30 (Reuters) - The dollar stood near this year's high versus the euro on Wednesday and was poised for the largest monthly rise against it in 14 months, powered by US growth and rising US interest rates in contrast to the energy and debt worries swirling in Europe.

Hungarian court reduces sentence for German anti-fascist convicted in far-right rally assaults

Hungarian court reduces sentence for German anti-fascist convicted in far-right rally assaults

A Hungarian appeals court has reduced the sentence of a German anti-fascist activist from eight to seven years

Dollar set for large rise in September, mainly at euro's expense

Dollar set for large rise in September, mainly at euro's expense

By Tom Westbrook SINGAPORE, Sept 30 (Reuters) - The dollar stood near this year's high versus the euro on Wednesday and was poised for the largest monthly rise against it in 14 months, powered by US growth and rising US interest rates in contrast to the energy and debt worries swirling in Europe.

US private payrolls growth picks up in September, ADP says

US private payrolls growth picks up in September, ADP says

WASHINGTON, Sept 30 (Reuters) - US private payrolls growth accelerated in September, the ADP National Employment Report showed on Wednesday. Private employment rose by 90,000 jobs this month after a downwardly revised 36,000 in August.

European shares set for first monthly loss in six as bond yields weigh

European shares set for first monthly loss in six as bond yields weigh

Sept 30 (Reuters) - European shares were headed for their first monthly decline in six on Wednesday as inflation risks stemming from the Middle East war battered bond markets across the globe, driving borrowing costs higher.

BMW targets margin recovery with cuts and local production

BMW targets margin recovery with cuts and local production

By Christina Amann and Rachel More MUNICH, Sept 30 (Reuters) - German premium carmaker BMW will set out plans for more local production as it seeks to rebuild margins after a series of profit warnings tied to weak performance in China, Bernstein analysts said on Wednesday.

German town sparks outrage as far-right and conservatives rally against Holocaust memorial plaques

German town sparks outrage as far-right and conservatives rally against Holocaust memorial plaques

A city council in eastern Germany has halted the installation of memorial plaques honoring Holocaust victims, sparking outrage

Strikes kill 4 in Ukraine after Moscow rejects German calls to de-escalate

Strikes kill 4 in Ukraine after Moscow rejects German calls to de-escalate

Strikes across Ukraine have killed at least four people overnight and on Sunday