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Euro zone economic sentiment falls sharply as inflation expectations rise
BRUSSELS (Reuters) - Euro zone economic sentiment fell sharply and by more than expected in September, data showed on Thursday, as confidence dropped among companies and consumers, who are also downbe...
Syndicated Content Sep 29, 2022
The long, winding road to Volkswagen’s Porsche IPO
FRANKFURT (Reuters) - Shares in Volkswagen's sportscar brand Porsche started trading on Thursday in what marks Germany's second-largest listing ever as well as a new phase in a sometimes fraught relat...
Syndicated Content Sep 29, 2022
French firms see 4% wage inflation over 12 months – central bank survey
PARIS (Reuters) - French business executives see wage gains picking up over the next 12 months but remaining below expected inflation over the period, a quarterly survey by the central bank showed on ...
Syndicated Content Sep 29, 2022
Indonesia’s parliament approves 2023 fiscal budget
JAKARTA (Reuters) - Indonesia's parliament on Thursday approved President Joko Widodo's 3,061.2 trillion rupiah ($200.73 billion) budget for next year, with a fiscal deficit of 2.84% of gross domestic...
Syndicated Content Sep 29, 2022
UK’s Co-op profit tanks 84% on supply chain snags, inflationary costs
(Reuters) -Britain's Co-operative Group reported a sharp drop in its interim profit on Thursday, as the supermarkets-to-funerals provider continued to face supply chain snags, and higher wage and ener...
Syndicated Content Sep 29, 2022
British pub group Mitchells & Butlers warns on costs, shares drop
(Reuters) - Mitchells & Butlers warned of tighter margins in its new financial year as costs rise, driving shares in the British pub operator to two-year lows. Energy and utility costs have risen to r...
Syndicated Content Sep 29, 2022
UK’s Truss breaks silence on markets slump, defends her tax cuts
By Muvija M and Kate Holton LONDON (Reuters) - British Prime Minister Liz Truss broke her silence on Thursday following nearly a week of chaos in financial markets triggered by her plans for tax cuts,...
Syndicated Content Sep 29, 2022
U.S. candidate beats Russian to head U.N. telecoms agency
GENEVA (Reuters) -The U.S. candidate Doreen Bogdan-Martin on Thursday decisively beat a Russian candidate to be the next Secretary-General of the International Telecommunication Union in an election s...
Syndicated Content Sep 29, 2022
Swedish rate-setters say quick action key to fight inflation spiral – minutes
STOCKHOLM (Reuters) - Sweden's central bank must act robustly to get inflation under control or rising prices could become entrenched, rate-setters said in the minutes of the central bank's most recen...
Syndicated Content Sep 29, 2022
Nestle CEO: I’m not a ‘mega deal’ maker
ZURICH (Reuters) - Food group Nestle is in no hurry to acquire companies given rich valuations and will stick to its traditionally cautious approach to deals, its chief executive told a conference on ...
Syndicated Content Sep 29, 2022
Peoria, IL, USA
42 °F Partly cloudy
