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globalbankingandfinance.com > hungary-give-targeted-subsidy-owners-diesel-powered-cars

Hungary to Compensate Diesel Car Owners as Fuel Prices Rise

2+ day, 3+ hour ago   (278+ words) Saturday, 12 September 2026 Hungary will offer a one‑time 20,000 forint (~$64) subsidy to owners of diesel cars up to 150 hp, instead of a fuel price cap, amid a severe European diesel shortage driven by refinery constraints, export bans and rising winter demand....

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globalbankingandfinance.com > ecb-hikes-rates-iran-war-adds-inflation-angst

ECB Hikes Rates as Iran War Fuels Inflation Fears in Eurozone

3+ day, 4+ hour ago   (671+ words) Friday, 11 September 2026 The ECB on September 10, 2026, raised its key rate by 25 basis points to 2.50%, marking the second hike this year, as soaring energy prices linked to the Iran war fuelled inflation; the euro weakened and bond yields climbed. LONDON, Sept…...

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globalbankingandfinance.com > finmo-opens-singapore-global-headquarters-as-treasuryos-crosses-us-1-billion-monthly-transaction-volume

Finmo Opens Singapore Global Headquarters as TreasuryOS Crosses US$1 Billion Monthly Transaction Volume

3+ day, 4+ hour ago   (631+ words) Thursday, 10 September 2026 New Suntec City headquarters supports Finmo’s continued growth and investment in AI and treasury innovation in Singapore SINGAPORE, 10 September 2026 — Finmo today opened its new global headquarters at Suntec City, marking its next phase of international growth. The Singapore-founded…...

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globalbankingandfinance.com > ecbs-lagarde-rejects-french-far-left-leaders

ECB's Lagarde Rejects France Debt Cancellation as Dangerous

3+ day, 2+ hour ago   (277+ words) Thursday, 10 September 2026 ECB chief Christine Lagarde firmly rejected Jean‑Luc Mélenchon’s proposal to cancel about 18% of France’s debt held by the Bank of France, deeming it “financially dangerous,” legally prohibited under EU law (Article 123 TFEU), and likely to undermine market…...

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globalbankingandfinance.com > ecb-raises-interest-rates-fight-off-inflation-jump

ECB Raises Interest Rates to Combat Euro Zone Inflation Surge

3+ day, 3+ hour ago   (452+ words) Thursday, 10 September 2026 On September 10, 2026, the ECB raised its deposit rate by 25 bps to 2.50%, targeting energy‑fuelled inflation driven by the Iran war while revising growth and inflation projections upward. FRANKFURT, Sept 10 (Reuters) - The European Central Bank raised interest rates for…...

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globalbankingandfinance.com > nestle-ceo-middle-east-conflict-driving-inflation-higher

Nestle CEO says Middle East conflict driving inflation, higher su

3+ day, 9+ hour ago   (474+ words) Thursday, 10 September 2026 Nestlé CEO Philipp Navratil says the U.S.–Israel war against Iran is indirectly fuelling global inflation by raising energy, freight and input costs, prompting Nestlé to raise prices, reformulate products and cut unprofitable items. By Gabriel Araujo and…...

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globalbankingandfinance.com > german-august-inflation-confirmed-2-9

German August Inflation Confirmed at 2.9% - EU Harmonised CPI Data

3+ day, 10+ hour ago   (86+ words) Thursday, 10 September 2026 Germany’s harmonised consumer‐price inflation for August was confirmed at 2.9 % year‑on‑year, slightly up from July’s 2.8 %. Core inflation held steady around 2.4 %, with energy prices—up roughly 10.5 %—remaining the main driver. BERLIN, Sept 10 (Reuters) - German inflation accelerated to…...

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globalbankingandfinance.com > ai-boom-poses-new-financial-stability-risks-bis-head

AI Boom Creates New Financial Stability Risks, Warns BIS Chief

3+ day, 11+ hour ago   (508+ words) Thursday, 10 September 2026 BIS head Pablo Hernández de Cos warns that an unprecedented AI investment surge—led by the five largest hyperscalers committing over US$1 trillion in AI capex during 2025–26—is outpacing earnings and increasingly debt-financed, raising risks of financial instability....

Google News
globalbankingandfinance.com > portugal-debt-upgrade-seals-piigs-passage-pariahs-pin-ups

Portugal Debt Upgrade Marks PIIGS Return to Eurozone Stability

3+ day, 16+ hour ago   (560+ words) Thursday, 10 September 2026 Fitch’s recent upgrade of Portugal’s debt rating to ‘A+’ underscores its fiscal turnaround—from crisis-era PIIGS to outperformer—while German bond yields rise amid political strain in Berlin, and Greece and Ireland lead sovereign debt recoveries. By Sara…...

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globalbankingandfinance.com > morning-bid-lagarde-takes-spotlight-oil-sits-100

ECB Rate Hike in Focus as Oil Prices Soar Above $100 | Market Update

3+ day, 12+ hour ago   (379+ words) Thursday, 10 September 2026 Markets brace for a widely expected ECB rate hike as crude oil climbs above $100 a barrel, bond yields spike, and investors await U.S. inflation data ahead of Fed and BOJ meetings. Investors are perhaps starting to realise that elevated…...