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Tesco says 1,600 jobs at risk from store changes
LONDON (Reuters) - Tesco, Britain's biggest retailer, said on Tuesday 1,600 roles were at risk of redundancy due to operational changes at stores, including the removal of night shifts to restock shel...
Syndicated Content Feb 01, 2022
GlobalWafers’ Siltronic deal fails as Germany misses deadline
By Ludwig Burger and Andreas Rinke BERLIN (Reuters) -GlobalWafers' planned 4.35 billion euro ($4.89 billion) takeover of German chip supplier Siltronic collapsed late on Monday after Germany could not...
Syndicated Content Feb 01, 2022
Japan’s car sales slump, heightens chance of Q1 economic contraction
TOKYO (Reuters) - Japan's new automobile sales slumped in January, data showed on Tuesday, adding to growing signs the economy could contract in the current quarter due to persistent supply chain disr...
Syndicated Content Feb 01, 2022
Inflation to cancel out German retail sales growth in 2022 – HDE
BERLIN (Reuters) - German retailers should be able to increase nominal revenues by an average of 3% in 2022, but price-adjusted sales will likely stagnate due to high inflation, industry association H...
Syndicated Content Feb 01, 2022
UK mortgage approvals jump unexpectedly in December – BoE data
LONDON (Reuters) - British lenders approved many more mortgages than expected in December, according to Bank of England data on Tuesday that underlined the recent strength of the housing market. The B...
Syndicated Content Feb 01, 2022
BOJ under less pressure to shift yield target than market thinks – sources
By Leika Kihara TOKYO (Reuters) - A recent steady rise in long-term interest rates is unlikely to make the Bank of Japan tweak its yield target as it can use other tools to moderate any unwelcome rise...
Syndicated Content Feb 01, 2022
Ethiopian Airlines to fly 737 MAX with passengers for first time since deadly crash
By Dawit Endeshaw ADDIS ABABA (Reuters) - Ethiopian Airlines is due to resume flying the Boeing 737 MAX plane on Tuesday, but opinions are divided on the airline's first flight using the model since a...
Syndicated Content Feb 01, 2022
UK factory output rises at fastest rate in six months -PMI
By David Milliken LONDON (Reuters) - British manufacturing output grew at the fastest pace in six months in January as global supply chain pressures began to ease and factories largely shrugged off a ...
Syndicated Content Feb 01, 2022
Irn-Bru maker raises prices due to fizzing UK inflation
LONDON (Reuters) - The maker of Irn-Bru, the iconic orange Scottish soft drink, said on Tuesday that it had increased its prices due to soaring inflation in Britain. Consumer prices are rising at the ...
Syndicated Content Feb 01, 2022
German unemployment falls in January
BERLIN (Reuters) - German unemployment fell in January, official figures showed on Tuesday, as recovery on the job market continued despite soaring COVID-19 cases in the country. The Federal Labour Of...
Syndicated Content Feb 01, 2022
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