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French food bank says government must do more to tackle inflation
PARIS (Reuters) -The charity Restos du Coeur, famous in France for its soup kitchens and food parcels, has warned that steep inflation will hamper its aid efforts and urged the government to do more. ...
Syndicated Content Sep 04, 2023
Woody Allen hails ‘very lucky life’ as he presents 50th film
By Crispian Balmer VENICE (Reuters) - U.S. director Woody Allen presented his 50th film to the Venice Film Festival on Monday, telling reporters he had had a "very, very lucky life", making no referen...
Syndicated Content Sep 04, 2023
Private market insured losses from Hurricane Idalia to be $3-5 billion – Moody’s RMS
(Reuters) - Private market insured losses are expected to be between $3 billion and $5 billion due to Hurricane Idalia which struck the Big Bend region of Florida last week, the catastrophe risk model...
Syndicated Content Sep 04, 2023
JPMorgan ups Turkey inflation, interest rate forecasts
LONDON (Reuters) - Higher-than-expected inflation data for August published on Monday prompted JPMorgan to revise its year-end inflation forecast to 65% from 62% with the annual rate now expected to p...
Syndicated Content Sep 04, 2023
Audi sees small 2023 sales lift ahead of big 2024 EV push- sales chief
By Christina Amann MUNICH (Reuters) - Audi should see a small sales bump this year ahead of a much stronger year in 2024 for the Volkswagen unit as its long-awaited big electric vehicle push takes off...
Syndicated Content Sep 04, 2023
Mercedes-Benz: Europe likely won’t be ready for all-electric sales by 2030
By Victoria Waldersee MUNICH (Reuters) - Mercedes-Benz does not expect its sales in Europe to be all-electric by 2030 but will have its line-up ready, Chief Executive Ola Kaellenius said in an intervi...
Syndicated Content Sep 04, 2023
Most Turkey depositors returned to forex after leaving lira scheme
By Ebru Tuncay and Can Sezer ISTANBUL (Reuters) - Turkish depositors mostly converted funds back to dollars last month when they withdrew from state depreciation-protected accounts, according to initi...
Syndicated Content Sep 04, 2023
Biden says he is not worried about an auto strike, thinks it will not happen
PHILADELPHIA (Reuters) - U.S. President Joe Biden said on Monday he was not worried about an auto strike and thought it will not happen. Late last month, the United Auto Workers (UAW) union said its m...
Syndicated Content Sep 04, 2023
Brazil’s Petrobras walks back 4 divestment processes after review
SAO PAULO (Reuters) - Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset sales after concluding a broad revision of divestment processes, which were launche...
Syndicated Content Sep 04, 2023
Belgium raises record 22 billion euros from savers in ‘clear signal’ for higher bank rates
By Yoruk Bahceli BRUSSELS (Reuters) - Belgium has raised a record 21.9 billion euros ($23.65 bln) from savers in a bond sale designed to compete with bank deposits, a sign of growing popularity for go...
Syndicated Content Sep 04, 2023
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