Category Archives:
ECB’s Makhlouf says new risks emerging as others fade
DUBLIN (Reuters) - A large part of monetary tightening has yet to be passed through to the financial system and economy, and while some risks are fading, new vulnerabilities are emerging, European Cen...
Nov 08, 2023
Jewellery maker Pandora raises sales forecast after Q3 profit beat
COPENHAGEN (Reuters) - Danish jewellery maker Pandora reported a smaller than expected drop in third-quarter profit on Wednesday as more shoppers came to its stores, and raised its full-year sales out...
Nov 08, 2023
ECB’s Lane: underlying inflation progress not enough
FRANKFURT (Reuters) - The European Central Bank is seeing some progress in its efforts to push down underlying inflation but this is not yet enough, ECB chief economist Philip Lane told a conference i...
Nov 08, 2023
Euro zone consumers raise inflation expectations in headache for ECB
FRANKFURT (Reuters) - Euro zone consumers have raised their expectations for inflation over the next 12 months to 4%, a European Central Bank survey showed on Wednesday, in a potential headache for th...
Nov 08, 2023
Factbox-China property rescue: Who are Ping An Insurance Group and Country Garden?
By Julie Zhu HONG KONG (Reuters) - Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nation's biggest private property developer, Reut...
Nov 08, 2023
Foreign investors trickle back into Asian equities on hopes of Fed rate cycle peak
By Gaurav Dogra (Reuters) - Foreign investors are tiptoeing back into Asian equities in November, reversing a trend of heavy selling over the past three months, as easing concerns over aggressive inte...
Nov 08, 2023
El Nino to last until April 2024, pushing record temperatures
GENEVA (Reuters) - The ongoing El Nino weather pattern is set to last until at least April 2024, the World Meteorological Organization (WMO) said on Wednesday, pushing up temperatures in a year alread...
Nov 08, 2023
Reaction to Reuters report on potential Ping An rescue of Country Garden
(Reuters) -Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nation's biggest private property developer, four people familiar with th...
Nov 08, 2023
China car sales rise almost 10% yr/yr in Oct, third month of gains
BEIJING/SHANGHAI (Reuters) - China's passenger vehicle sales jumped 9.9% in October from a year earlier, the China Passenger Car Association (CPCA) said on Wednesday, extending gains to a third month ...
Nov 08, 2023
Ahold Delhaize trims profit target amid US margin weakness
By Federica Mileo and Diana Mandia (Reuters) - Supermarket group Ahold Delhaize on Wednesday trimmed 2023 earnings guidance and flagged margin weakness in the United States, its main market, sending i...
Nov 08, 2023
Peoria, IL, USA
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