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Russia’s Urals oil averaged $57.49/bbl in past month, below price cap
MOSCOW (Reuters) - The average price for Russia's Urals oil blend was $57.49 per barrel between Nov. 15 and Dec. 14, Russia's Finance Ministry said late on Thursday, below the Western cap of $60. That...
Syndicated Content Dec 16, 2022
Hungary’s annual CPI could slow to single digit by end-2023 -cbanker
BUDAPEST (Reuters) - Hungary's annual inflation could slow to single-digit by the end of 2023, National Bank of Hungary deputy governor Barnabas Virag said in an article posted on the central bank's w...
Syndicated Content Dec 16, 2022
India’s textile industry faces tough times as consumers cut spending
By Manoj Kumar and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) - India's $200 billion textile and apparel industry is facing a crisis as consumers in the United States, Europe and other big markets hav...
Syndicated Content Dec 16, 2022
Halifax says UK house prices set to fall next year by around 8%
LONDON (Reuters) - Mortgage lender Halifax said on Friday it expected British house prices to fall next year by around 8% as the increasing cost of living put more pressure on household finances and r...
Syndicated Content Dec 16, 2022
Rank warns on profits as cash-strapped UK punters retrench
By Sinchita Mitra (Reuters) - The World Cup, cold weather and a lack of disposable income have left British punters spending less at casinos, gaming operator Rank Group said on Friday, and warned of l...
Syndicated Content Dec 16, 2022
Philippines’ Marcos cheers ‘Christmas gift’ of $95 billion state budget
MANILA (Reuters) - Philippine President Ferdinand Marcos Jr on Friday signed into law the 2023 budget bill which authorises a record 5.27 trillion pesos ($94.78 billion) spending to support his admini...
Syndicated Content Dec 16, 2022
Beiersdorf acquires majority stake in S-Biomedic
(Reuters) - Beiersdorf said on Friday it had acquired a majority stake in Belgian biotechnology company S-Biomedic NV. S Biomedic is to continue operating on its own under Beiersdorf's existing microb...
Syndicated Content Dec 16, 2022
UK downturn moderates in December but factories struggle – PMI
By Andy Bruce LONDON (Reuters) - The downturn across British businesses has eased slightly this month, apart from for manufacturers, and companies have reported the weakest cost pressures since mid-20...
Syndicated Content Dec 16, 2022
Volkswagen: decision on location of battery plant in eastern Europe coming soon
BERLIN (Reuters) - Volkswagen will soon make a decision on the location of its planned battery plant in Eastern Europe and begin searching for a location in Canada, Chief Executive Oliver Blume said o...
Syndicated Content Dec 16, 2022
Burkina Faso film maker recalls golden era of cinema before insurgency
BOBO-DIOULASSO, Burkina Faso (Reuters) - Film producer Drissa Toure peered through the locked glass doors of what was once the lively cinema in Burkina Faso's southwestern city of Bobo-Dioulasso and r...
Syndicated Content Dec 16, 2022
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