Similar Stories to Europe's Market Turmoil Could Delay A Rise In Inflation on Bing News

Thomson ReutersFRANKFURT (Reuters) - Europe's financial market turmoil could delay a rise in inflation even further and banks will need to be fixed with forceful action over time, European Central Bank Executive Board member Benoit Coeure told a German newspaper on Saturday. The euro area inflation outlook is already weighed down by sharply lower oil prices and slowing global growth, and the market volatility is compounding the problem, Coeure told Rheinische Post. "If that (volatility) continues for too long, it can also increase the risk of a rise in inflation being delayed," Coeure said. Euro zone bank shares are down nearly 30 percent since the start of the year on concerns about profitability, potentially increasing the cost of capital for banks and holding back lending.

More Business News

Jack Dorsey and Elon Musk’s tech bromance takes another weird turn
Fast Company, Monday - 05/06/2024 - 08:30 PM
Dorsey confirms he has left the board of Twitter-alternative Bluesky and appears to put his support behind Musk’s X. The relationship between Elon Musk and Jack Dorsey is such an on-again, off-again event that it seems like something out of a television sitcom. And after criticizing Musk’s leadership of Twitter just last year, Dorsey seemed to throw his weight behind that platform over the weekend.
More | Talk | Read It Later | Share
Surprisingly, these burned-out workers don’t fear AI—they welcome it
Fast Company, Monday - 05/06/2024 - 08:03 PM
A new survey from Canva reveals teachers aren’t mad about AI—in fact, they’re hoping the technology can offer them some relief. There are plenty of legitimate fears about AI taking over the world. But you know who isn’t so worried? Teachers. That’s not because teachers don’t care if their students use AI to write all their essays or complete their algebra homework—they do.
More | Talk | Read It Later | Share
Netflix is using live comedy as a warmup for live sports—and it’s working
Fast Company, Monday - 05/06/2024 - 07:50 PM
Paid subscribers are used to watching things on demand, but with buzzy live specials like the Tom Brady roast, Netflix is reintroducing them to the idea of FOMO. Netflix once foreshadowed the death of appointment television. When the streamer dropped all 10 episodes of its first high-profile original series, House of Cards, at once, it forever changed traditional viewing habits.
More | Talk | Read It Later | Share
Commercial real estate foreclosures spike 117% as distress mounts
Fast Company, Monday - 05/06/2024 - 07:45 PM
These 10 states had the most commercial-real estate foreclosures in March. Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter.
More | Talk | Read It Later | Share
Budweiser is turning Spotify into beer ads
Fast Company, Monday - 05/06/2024 - 07:30 PM
Why write regular ads when artists are doing the work for Budweiser already? More than 500 songs on Spotify namecheck Budweiser in their lyrics. With a new campaign in Brazil, the King of Beers is turning these tunes into actual ads on the streaming platform.
More | Talk | Read It Later | Share
Chinese EV-maker Nio will unveil its first mass-market car in May, executive says
Fast Company, Monday - 05/06/2024 - 06:00 PM
Nio plans to unveil a second smaller EV to be sold in Europe next year for less than $30,000. China’s premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than $30,000, a senior executive told Reuters on Monday.
More | Talk | Read It Later | Share

Similar Stories to Europe's Market Turmoil Could Delay A Rise In Inflation on Bing News

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News