Category Archives:
South Africa Feb consumer inflation higher than forecast at 7.0% y/y
JOHANNESBURG (Reuters) -South Africa's headline consumer inflation rose slightly higher than expected to 7.0% year on year in February from 6.9% in January, data from Statistics South Africa showed on...
Mar 22, 2023
Tencent reports first annual revenue drop
(Reuters) - Tencent Holdings reported a drop in annual revenue for the first time ever, as China's economic slowdown due to the pandemic and a long-running regulatory crackdown took a toll. The world'...
Mar 22, 2023
UBS buys back nearly $3 billion in bonds issued under a week ago
(Reuters) - UBS Group said on Wednesday it would buy back 2.75 billion euros ($2.96 billion) worth of debt it issued less than week ago, seeking to boost confidence among investors rattled by its $3 b...
Mar 22, 2023
Japan cuts view on industrial output, vigilant on market volatility
TOKYO (Reuters) - Japan's government cut its assessment of the strength of industrial production for the first time in three months in March, pointing to weakening demand in the global semiconductor i...
Mar 22, 2023
Oxbotica, Goggo team up for autonomous middle-mile delivery
By Nick Carey LONDON (Reuters) - British self-driving software startup Oxbotica and autonomous delivery company Goggo Network said on Wednesday they are teaming up to test middle-mile deliveries for r...
Mar 22, 2023
Explainer-What are e-fuels, and can they help make cars CO2-free?
By Victoria Waldersee and Kate Abnett BERLIN/BRUSSELS (Reuters) - Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that...
Mar 22, 2023
Japan’s land prices up at fastest pace since 2008 on gradual econ recovery
By Kaori Kaneko TOKYO (Reuters) - Japan's land prices rose for a second straight year at the fastest pace since 2008, a government survey showed on Wednesday, spurred by signs of economic recovery aft...
Mar 22, 2023
Tonic maker Fevertree to hike prices to cushion high glass costs
(Reuters) - British tonic maker Fevertree Drinks Plc said on Wednesday it plans to hike product prices and ramp up its U.S. production to help cushion the pressures faced from high costs of manufactur...
Mar 22, 2023
Syngenta 4Q profit falls as raw material prices increase
ZURICH (Reuters) - Swiss agrichemicals and seeds group Syngenta on Wednesday reported a 25% drop in fourth quarter earnings due to higher raw materials and energy costs. Syngenta, which plans to list ...
Mar 22, 2023
Column-QE sceptics fear Fed is in a hole :Mike Dolan
By Mike Dolan LONDON (Reuters) - If this month's U.S. banking stress owes at least something to the Federal Reserve's reduction of its mammoth balance sheet, then the central bank may now find itself ...
Mar 22, 2023
Peoria, IL, USA
43 °F Overcast
