EU raises inflation forecasts on supply disruptions, energy crisis

A man works at the Amur Gas Processing Plant in Russia. Measuring 800ha in area, it has an estimated annual capacity of 42bln cbm of natural gas. Yuri Smityuk | TASS | Getty Images The European Commission on Thursday raised its inflation expectations for this year, but is still expecting prices to move below the … Read more

Societe Generale Earnings q4 2021

This photo, taken on October 28, 2019, shows the logo of the Societe Generale bank, in Ouistreham, Normandy, France. SAMEER AL-DOUMY | AFP | Getty Images Societe Generale beat analyst expectations on Thursday, posting its highest ever profit in 2021. The lender reported a net income of 5.64 billion euros ($ 6.44 billion) for the … Read more

bond market heats up amid ECB tightening and political divide

Italian Special Air Force aerobatic unit spreads smoke with the colors of the Italian flag over the city of Rome. AB Pool – Corbis | Corbis News | Getty Images An eventual result in Italy’s presidential elections may have averted political instability for now, but market watchers are wary over the economic and political future … Read more