Elisa Martinuzzi
@elisamartinuzzi.bsky.social
Editor, Finance & Markets EMEA @reuters.com
Formerly @bloomberg.com editor, a previous columnist for @opinion.bloomberg.com.
Opinions mine, only mine.
Formerly @bloomberg.com editor, a previous columnist for @opinion.bloomberg.com.
Opinions mine, only mine.
Britain has been drawing more short-term money than stickier forms of capital such as direct investment. Reliance on such funds has been greater than for any other major advanced economy running a current account deficit, Reuters calculations show. @reuters.com
www.reuters.com/world/uk/bri...
www.reuters.com/world/uk/bri...
Britain's growth risks put bond investors on high alert
Britain's public finances, strained by growing debt and sluggish growth, face a crucial test this month that investors say could prompt another market shock to an economy that is increasingly reliant on fickle foreign funds.
www.reuters.com
March 17, 2025 at 10:53 AM
Britain has been drawing more short-term money than stickier forms of capital such as direct investment. Reliance on such funds has been greater than for any other major advanced economy running a current account deficit, Reuters calculations show. @reuters.com
www.reuters.com/world/uk/bri...
www.reuters.com/world/uk/bri...
From the surge in sovereign debt, to widening income inequalities, the charts that show the pandemic's lasting impact on our economies, via @reuters.com
www.reuters.com/business/hea...
www.reuters.com/business/hea...
COVID-19 shut us down five years ago. Here's how its economic impact continues
Five years after the World Health Organization first described the COVID-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy.
www.reuters.com
March 8, 2025 at 4:14 PM
From the surge in sovereign debt, to widening income inequalities, the charts that show the pandemic's lasting impact on our economies, via @reuters.com
www.reuters.com/business/hea...
www.reuters.com/business/hea...
Breaking on @reuters.com
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Economists advising the parties that will likely form a new government coalition estimate around 400 billion euros ($415 billion) are needed for the defence fund and 400 billion to 500 billion euros for the infrastructure fund.
www.reuters.com/world/europe...
Economists advising the parties that will likely form a new government coalition estimate around 400 billion euros ($415 billion) are needed for the defence fund and 400 billion to 500 billion euros for the infrastructure fund.
Exclusive: Germany weighs special funds for defence and infrastructure, sources say
The parties in talks to form Germany's new government are considering quickly setting up two special funds potentially worth hundreds of billions of euros, one for defence and a second for infrastructure, three people with knowledge of the matter told Reuters.
www.reuters.com
March 2, 2025 at 12:54 PM
Breaking on @reuters.com
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Economists advising the parties that will likely form a new government coalition estimate around 400 billion euros ($415 billion) are needed for the defence fund and 400 billion to 500 billion euros for the infrastructure fund.
www.reuters.com/world/europe...
Economists advising the parties that will likely form a new government coalition estimate around 400 billion euros ($415 billion) are needed for the defence fund and 400 billion to 500 billion euros for the infrastructure fund.
Reposted by Elisa Martinuzzi
Exemplary work by Daniel de Simone of the BBC exposing how MI5 told him one thing, when he was investigating one of its agents, and then the courts another t.co/2keGHjAcUa
https://www.bbc.co.uk/news/articles/cew5rwpw579o
t.co
February 12, 2025 at 4:19 PM
Exemplary work by Daniel de Simone of the BBC exposing how MI5 told him one thing, when he was investigating one of its agents, and then the courts another t.co/2keGHjAcUa
Deutsche Bank is now "overweight" European equities due to an improving political climate, macro conditions and potential stimulus measures from China.
Here's our earlier take on the outlook, by @reuters.com 's Naomi Rovnick
www.reuters.com/markets/euro...
Here's our earlier take on the outlook, by @reuters.com 's Naomi Rovnick
www.reuters.com/markets/euro...
Laggard European markets may be 2025's top recovery trade
The year ahead is shaping up badly for Europe with its financial markets already hit hard by U.S. tariff fears and political turmoil in France and Germany, yet some investors are calling peak pessimism and hunting for bargains amid the gloom.
www.reuters.com
January 7, 2025 at 9:46 AM
Deutsche Bank is now "overweight" European equities due to an improving political climate, macro conditions and potential stimulus measures from China.
Here's our earlier take on the outlook, by @reuters.com 's Naomi Rovnick
www.reuters.com/markets/euro...
Here's our earlier take on the outlook, by @reuters.com 's Naomi Rovnick
www.reuters.com/markets/euro...
Exclusive: The Russian billionaires whose chemical factories fuel Russia's war machine - www.reuters.com/world/europe...
Exclusive: The Russian billionaires whose chemical factories fuel Russia's war machine
Chemicals factories founded or owned by some of Russia's wealthiest men are supplying ingredients to plants that manufacture explosives used by Moscow's military during the war in Ukraine, an analysis of railway and financial data shows.
www.reuters.com
December 30, 2024 at 10:23 AM
Exclusive: The Russian billionaires whose chemical factories fuel Russia's war machine - www.reuters.com/world/europe...
I once had the privilege of interviewing Dick Parsons about his passion for making wine, in his winery in Montalcino. RIP
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Citigroup Former Boss Parsons Eyes Profit in Italian Wine
Former Citigroup Inc. Chairman Richard Parsons, whose career in banking and media saw him at the helm of the industries’ biggest companies, is betting he can make money in retirement in the wine-rich ...
www.bloomberg.com
December 27, 2024 at 12:26 AM
I once had the privilege of interviewing Dick Parsons about his passion for making wine, in his winery in Montalcino. RIP
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
At 26 tons, gold reserves in the vaults of Syria's central bank appear unchanged from 2011. But foreign exchange reserves, are at just around $200 million, one of the sources @reuters.com At the end of 2011, Syria's central bank reported $14 billion in reserves.
www.reuters.com/markets/comm...
www.reuters.com/markets/comm...
Exclusive: Syria retains 26 tons of gold reserves after Assad's fall - sources
The vault of Syria's central bank holds nearly 26 tons of gold, the same amount it had at the start of its bloody civil war in 2011, even after the chaotic fall of Bashar al-Assad's despotic regime, four people familiar with the situation told Reuters.
www.reuters.com
December 16, 2024 at 9:29 PM
At 26 tons, gold reserves in the vaults of Syria's central bank appear unchanged from 2011. But foreign exchange reserves, are at just around $200 million, one of the sources @reuters.com At the end of 2011, Syria's central bank reported $14 billion in reserves.
www.reuters.com/markets/comm...
www.reuters.com/markets/comm...
Reposted by Elisa Martinuzzi
There's got to be non-negligible chance that the Financial Action Task Force puts the United States on its grey list for money laundering and terrorist financing in the next four years.
www.reuters.com/technology/t...
www.reuters.com/technology/t...
December 12, 2024 at 1:26 PM
There's got to be non-negligible chance that the Financial Action Task Force puts the United States on its grey list for money laundering and terrorist financing in the next four years.
www.reuters.com/technology/t...
www.reuters.com/technology/t...
The biggest ever energy deal between India and Russia -- @reuters.com has the scoop
www.reuters.com/business/ene...
www.reuters.com/business/ene...
Exclusive: Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say
Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal between the two countries, three sources familiar with the deal said.
www.reuters.com
December 12, 2024 at 1:37 PM
The biggest ever energy deal between India and Russia -- @reuters.com has the scoop
www.reuters.com/business/ene...
www.reuters.com/business/ene...
THE story of the day, from my @reuters.com colleagues: China has recognized that it needs bigger economic stimulus to combat Trump's threat of bigger tariffs, and is considering letting the yuan weaken.
www.reuters.com/markets/curr...
www.reuters.com/markets/curr...
Exclusive: Chinese authorities are considering a weaker yuan as Trump trade risks loom, sources say
China's top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher trade tariffs in a second Donald Trump presidency in the United States.
www.reuters.com
December 11, 2024 at 5:58 PM
THE story of the day, from my @reuters.com colleagues: China has recognized that it needs bigger economic stimulus to combat Trump's threat of bigger tariffs, and is considering letting the yuan weaken.
www.reuters.com/markets/curr...
www.reuters.com/markets/curr...
Orcel has long coveted BPM's position in the wealthy Lombardy region, where UniCredit is weaker, but had baulked at the M&A premium in its shares. BPM's own deals forced his hand.
Great insights on the latest twists in Italy's finance M&A flurry, via @reuters.com
www.reuters.com/markets/deal...
Great insights on the latest twists in Italy's finance M&A flurry, via @reuters.com
www.reuters.com/markets/deal...
Focus: UniCredit's Orcel was plotting bid before Banco BPM forced hand, sources say
UniCredit CEO Andrea Orcel has been drawing up plans to take over Banco BPM for years and was almost ready to pull the trigger, two sources close to the matter said.
www.reuters.com
December 11, 2024 at 2:55 PM
Orcel has long coveted BPM's position in the wealthy Lombardy region, where UniCredit is weaker, but had baulked at the M&A premium in its shares. BPM's own deals forced his hand.
Great insights on the latest twists in Italy's finance M&A flurry, via @reuters.com
www.reuters.com/markets/deal...
Great insights on the latest twists in Italy's finance M&A flurry, via @reuters.com
www.reuters.com/markets/deal...
Eric Trump said the Trump Organization would continue to grow over the next four years, but that it is unlikely to do business deals directly with governments. "I think that probably is a conflict." He spoke to @reuters.com from a Bitcoin conference in Abu Dhabi
www.reuters.com/world/us/tru...
There will be 'very large wall' between Trump Org and US government, Eric Trump says
The Trump Organization, Donald Trump's family business, will have a "very large wall" separating its business activity from the U.S. government, the president-elect's son, Eric Trump, said in an interview with Reuters in Abu Dhabi on Tuesday.
www.reuters.com
December 10, 2024 at 10:53 PM
Eric Trump said the Trump Organization would continue to grow over the next four years, but that it is unlikely to do business deals directly with governments. "I think that probably is a conflict." He spoke to @reuters.com from a Bitcoin conference in Abu Dhabi
www.reuters.com/world/us/tru...
Quite the corporate tussle as Credit Agricole ups the ante increasing its stake in Banco BPM, which has rebuffed an offer from UniCredit. What will be Orcel's move?
www.reuters.com/markets/deal...
www.reuters.com/markets/deal...
Credit Agricole ups Banco BPM stake in UniCredit duel
Credit Agricole upped the stakes in a banking battle over Italy's Banco BPM on Friday, by using derivatives to raise its holding in the Milanese lender that has become a takeover target for UniCredit .
www.reuters.com
December 7, 2024 at 10:48 AM
Quite the corporate tussle as Credit Agricole ups the ante increasing its stake in Banco BPM, which has rebuffed an offer from UniCredit. What will be Orcel's move?
www.reuters.com/markets/deal...
www.reuters.com/markets/deal...
Here's a window into alleged WhatsApp misuse after the US had fined Credit Suisse for similar violations. From alleged sharing of unauthorised recordings, to corporate execs possibly engaging in selective disclosure, the FCA is considering action. via @reuters.com
www.reuters.com/business/fin...
www.reuters.com/business/fin...
Exclusive: WhatsApp use by Credit Suisse staff scrutinised by UK regulator, documents show
The UK's Financial Conduct Authority is scrutinising allegations that some former Credit Suisse employees shared confidential information over the WhatsApp messaging platform, documents seen by Reuters show.
www.reuters.com
December 7, 2024 at 10:41 AM
Here's a window into alleged WhatsApp misuse after the US had fined Credit Suisse for similar violations. From alleged sharing of unauthorised recordings, to corporate execs possibly engaging in selective disclosure, the FCA is considering action. via @reuters.com
www.reuters.com/business/fin...
www.reuters.com/business/fin...
The martial law episode could accentuate the 'Korean Discount' and why investors have favoured alternative financial assets:
www.reuters.com/markets/asia...
via @reuters.com
www.reuters.com/markets/asia...
via @reuters.com
Politics prove investors right on the 'Korea Discount'
Global investors have always valued South Korea below other markets for reasons ranging from tensions with the North to the tight structures of its conglomerates - politics this week gave them cause to deepen that discount.
www.reuters.com
December 4, 2024 at 9:29 AM
The martial law episode could accentuate the 'Korean Discount' and why investors have favoured alternative financial assets:
www.reuters.com/markets/asia...
via @reuters.com
www.reuters.com/markets/asia...
via @reuters.com
Reposted by Elisa Martinuzzi
Intel CEO Pat Gelsinger stepping down. Resurfacing this @reuters investigation into missteps. www.reuters.com/technology/i...
Special Report: Inside Intel, CEO Pat Gelsinger fumbled the revival of an American icon
The firm fell short of high expectations, lost contracts and failed to deliver products.
www.reuters.com
December 2, 2024 at 2:19 PM
Intel CEO Pat Gelsinger stepping down. Resurfacing this @reuters investigation into missteps. www.reuters.com/technology/i...
Drill, baby, drill
"More than half of the EM investment universe are big importers of oil. There will be winners and losers from that kind of shock." via @reuters.com
www.reuters.com/business/ene...
"More than half of the EM investment universe are big importers of oil. There will be winners and losers from that kind of shock." via @reuters.com
www.reuters.com/business/ene...
Trump's low oil price promise is a risk and a boon for emerging markets
Donald Trump has promised to "drill, baby, drill" to halve energy costs, a plan that sends shivers through the governments of emerging market oil producers anxious about dollar earnings and fills poorer importing countries with hope.
www.reuters.com
December 2, 2024 at 2:17 PM
Drill, baby, drill
"More than half of the EM investment universe are big importers of oil. There will be winners and losers from that kind of shock." via @reuters.com
www.reuters.com/business/ene...
"More than half of the EM investment universe are big importers of oil. There will be winners and losers from that kind of shock." via @reuters.com
www.reuters.com/business/ene...
BREAKING on @reuters.com
EXCLUSIVE
Worldline attracts early stage interest from private equity firms, sources say
By Amy-Jo Crowley and Mathieu Rosemain
EXCLUSIVE
Worldline attracts early stage interest from private equity firms, sources say
By Amy-Jo Crowley and Mathieu Rosemain
December 2, 2024 at 2:12 PM
BREAKING on @reuters.com
EXCLUSIVE
Worldline attracts early stage interest from private equity firms, sources say
By Amy-Jo Crowley and Mathieu Rosemain
EXCLUSIVE
Worldline attracts early stage interest from private equity firms, sources say
By Amy-Jo Crowley and Mathieu Rosemain
An unprecedented account into the U.S.-China fentanyl negotiations. @reuters.com spoke with nearly four dozen sources to reveal the chasm separating the two sides, limitations of Biden’s strategy, and the potential risks under Trump.
www.reuters.com/investigates...
www.reuters.com/investigates...
Trump camp says China is ‘attacking’ U.S. with fentanyl. A fight looms
President Joe Biden‘s fentanyl diplomacy with China is under scrutiny as President-elect Donald Trump’s team seeks a harder line to stop the flow of Chinese-made chemicals powering America’s epidemic.
www.reuters.com
November 26, 2024 at 6:36 PM
An unprecedented account into the U.S.-China fentanyl negotiations. @reuters.com spoke with nearly four dozen sources to reveal the chasm separating the two sides, limitations of Biden’s strategy, and the potential risks under Trump.
www.reuters.com/investigates...
www.reuters.com/investigates...
An EU court rejected UniCredit's request to suspend the ECB order to scale back in Russia. Among the ECB's worries: lack of access to client information held by UniCredit and the inability to carry out compliance checks. Stefania Spezzati for @reuters.com
www.reuters.com/world/europe...
www.reuters.com/world/europe...
EU court dismisses UniCredit claim over Russia in initial win for ECB
The European Union's General Court has rejected UniCredit's request to suspend a European Central Bank order to scale back its presence in Russia, according to a court document, in a blow to the Italian lender which has been operating in the country for over 30 years.
www.reuters.com
November 25, 2024 at 10:32 PM
An EU court rejected UniCredit's request to suspend the ECB order to scale back in Russia. Among the ECB's worries: lack of access to client information held by UniCredit and the inability to carry out compliance checks. Stefania Spezzati for @reuters.com
www.reuters.com/world/europe...
www.reuters.com/world/europe...
Austria's OMV, which had been buying Soviet and Russian gas since 1968, is seeking ways to walk away despite its contracts with Gazprom running until 2040, sources told @reuters.com
www.reuters.com/markets/comm...
www.reuters.com/markets/comm...
Exclusive: Austria's half-century bond with Gazprom ended by gas seizure, sources say
The trigger that ended more than 50 years of gas flows from Russian state energy giant Gazprom to OMV earlier this month was the Austrian group's seizure of Russian gas as payment to cover the value of an arbitration award.
www.reuters.com
November 25, 2024 at 10:01 PM
Austria's OMV, which had been buying Soviet and Russian gas since 1968, is seeking ways to walk away despite its contracts with Gazprom running until 2040, sources told @reuters.com
www.reuters.com/markets/comm...
www.reuters.com/markets/comm...
"An optical illusion" - in the words of one delegate. Developing nations blast $300 billion COP29 climate deal as insufficient
www.reuters.com/sustainabili...
www.reuters.com/sustainabili...
Wealthy countries back raising COP29 climate deal to $300 billion, sources say
The European Union, United States and other wealthy countries at the COP29 climate summit have agreed to raise their offer of a global finance target to $300 billion per year by 2035, sources told Reuters on Saturday.
www.reuters.com
November 24, 2024 at 9:12 AM
"An optical illusion" - in the words of one delegate. Developing nations blast $300 billion COP29 climate deal as insufficient
www.reuters.com/sustainabili...
www.reuters.com/sustainabili...
Reposted by Elisa Martinuzzi
Indian billionaire Gautam Adani has been indicted by US prosecutors for his alleged role in a $265 million scheme to bribe Indian officials, sending shockwaves across his business conglomerate. Here is what you need to know about the US indictment reut.rs/3ZkadMs
What you need to know about Adani's U.S. bribery indictment
Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million scheme to bribe Indian officials, sending shockwaves across his eponymous $142 billion ports-to-soybeans business conglomerate.
reut.rs
November 22, 2024 at 8:59 AM
Indian billionaire Gautam Adani has been indicted by US prosecutors for his alleged role in a $265 million scheme to bribe Indian officials, sending shockwaves across his business conglomerate. Here is what you need to know about the US indictment reut.rs/3ZkadMs