DAVOS, Switzerland (Reuters) – European Central Bank President Christine Lagarde dismissed a recent uptick in euro zone inflation as “really minor”, adding that much higher readings would be needed to change the picture. “We’re seeing inflation moving a teeny, tiny little bit but this is really minor,” Lagarde said during a panel discussion at the […]
By Gilles Guillaume PARIS (Reuters) – Renault’s <RENA.PA> Tuesday named Luca de Meo, the former head of Volkswagen’s <VOWG_p.DE> Seat brand, as its next chief executive, as the car maker looks to draw a line under a year of turmoil by finalizing a long-awaited management shake-up. De Meo’s appointment fills one of the big gaps […]
By Howard Schneider and Steve Holland WASHINGTON (Reuters) – President Donald Trump has picked his favorite weapon to fight the economic fallout from the coronavirus: an elimination of the “payroll tax” on workers’ gross earnings that is used to fund national retirement programs. Trump advisers on the White House economic team and Republican lawmakers are […]
