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Rise in Italy’s retail sales in July driven by supermarkets
(Reuters) - Italian retail trade rose marginally in July as large-scale food distribution pushed up sales, data showed on Thursday. Retail sales increased by 0.4% in value from June and by 2.7% in una...
Syndicated Content Sep 07, 2023
France’s Le Maire urges TotalEnergies to maintain cap on fuel prices
PARIS (Reuters) - French Finance Minister Bruno Le Maire said he wanted French oil giant TotalEnergies to maintain a cap on fuel prices beyond Dec. 31, adding his priority was to accelerate the fight ...
Syndicated Content Sep 07, 2023
Industry bodies urge EU to ditch euro clearing relocation plan
By Huw Jones LONDON (Reuters) - Leading users of derivatives markets in the European Union called on the bloc on Thursday to scrap a plan that would force them to shift euro derivatives clearing from ...
Syndicated Content Sep 07, 2023
Analysis-Biden doubles down on emerging markets as Xi snubs G20
By Trevor Hunnicutt and Nandita Bose WASHINGTON (Reuters) - U.S. President Joe Biden arrives at this weekend's Group of 20 (G20) meeting in India with an offer for the "Global South": whatever happens...
Syndicated Content Sep 07, 2023
Analysis-Default dodged, but Country Garden’s upcoming debt payments stir worries
By Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) - Creditors of Country Garden Holdings are doubtful the Chinese developer will be in a position to service debt that will come due later thi...
Syndicated Content Sep 07, 2023
Toyota mobility tech unit CEO Kuffner to leave post
By Daniel Leussink TOKYO (Reuters) - James Kuffner, the chief executive of Toyota Motor's autonomous driving technology unit Woven by Toyota, will step down from his post effective Oct. 1, the subsidi...
Syndicated Content Sep 07, 2023
Raymond Ackerman, founder of South African grocer Pick n Pay, dies at 92
JOHANNESBURG (Reuters) - Raymond Ackerman, who founded Pick n Pay from just four stores 56 years ago and turned them into one of South Africa's leading grocery retailers, has died aged 92, the company...
Syndicated Content Sep 07, 2023
Temasek leads $140 million Ola Electric funding at $5.4 billion valuation – sources
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) - Singapore's investment firm Temasek led a $140 million funding round in India's Ola Electric at a valuation of $5.4 billion, two sources with the d...
Syndicated Content Sep 07, 2023
South Africa’s consumer confidence recovers in third quarter- Survey
(Reuters) - South Africa's consumer confidence regained some composure in the third quarter, according to a survey released on Thursday, as a rebound in the economic outlook and improvement in time-to...
Syndicated Content Sep 07, 2023
IMF and regulators set out roadmap to contain crypto risks
By Huw Jones LONDON (Reuters) - Global financial regulators and the International Monetary Fund on Thursday set out a roadmap to coordinate measures that stop cryptoassets from undermining macroeconom...
Syndicated Content Sep 07, 2023
Peoria, IL, USA
81 °F Sunny
