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France inflation rises unexpectedly to 7.2% in February – preliminary figures
By Sudip Kar-Gupta PARIS (Reuters) - French annual inflation rose unexpectedly to 7.2% in February from 7.0% in January, partly as a result of higher food prices, according to preliminary figures from...
Syndicated Content Feb 28, 2023
Hedge funds unimpressed by Chinese internet giants’ peppy earnings
By Summer Zhen HONG KONG (Reuters) - A set of bumper earnings reports from the likes of Baidu Inc and other Chinese internet giants isn't impressing hedge funds and other investors who have cut exposu...
Syndicated Content Feb 28, 2023
Analysis-Lithium price slide deepens as China battery giant bets on cheaper inputs
By Siyi Liu and Melanie Burton BEIJING/MELBOURNE (Reuters) - Rare discounts offered by Chinese battery giant CATL to automakers have accelerated a plunge in lithium prices, and the market is set to dr...
Syndicated Content Feb 28, 2023
India’s passenger vehicle sales to grow 9%-10% in 2024 – Crisil Ratings
BENGALURU (Reuters) - India's passenger vehicle sales are expected grow about 9%-10% in fiscal year 2024, roughly 20% above pre-pandemic peak levels, as strong demand and easing chip shortages prop-up...
Syndicated Content Feb 28, 2023
Casino to step up promotions as cost of living crisis weighs on French sales
By Dominique Vidalon PARIS (Reuters) -French retailer Casino vowed on Tuesday to spend more on promotions this quarter to help cash-strapped shoppers after sales at its Geant hypermarkets in France fe...
Syndicated Content Feb 28, 2023
Spain’s inflation resumes upward trend, rises to 6.1% in February
(Reuters) - Consumer prices in Spain resumed their upward trend, rising 6.1% year-on-year in February, a faster pace than the 5.9% during the 12 months to January, and above the 5.7% expected by analy...
Syndicated Content Feb 28, 2023
UK’s Sunak in Belfast to start selling his new Brexit deal
By Sachin Ravikumar LONDON (Reuters) - British Prime Minister Rishi Sunak was in Belfast on Tuesday to start selling the new post-Brexit trading arrangements he agreed with Brussels, seeking to get un...
Syndicated Content Feb 28, 2023
Edmond de Rothschild to open advisory office in Dubai
By Hadeel Al Sayegh DUBAI (Reuters) -Edmond de Rothschild Group, which specialises in asset management and private banking, said on Tuesday it is expanding its presence in Dubai with an advisory offic...
Syndicated Content Feb 28, 2023
Swiss economic growth flat in Q4 as exports and manufacturing drop
ZURICH (Reuters) - The Swiss economy showed no growth in the fourth quarter of 2022, the government said on Tuesday, as a "challenging international situation" hit manufacturing and exports. The 0% gr...
Syndicated Content Feb 28, 2023
Analysis-Investors consider battle plans amid risk of China-Taiwan conflict
By Rae Wee and Tom Westbrook SINGAPORE (Reuters) - The threat of China invading Taiwan, long considered a highly improbable event, has moved to the centre of global money managers' risk radars and is ...
Syndicated Content Feb 28, 2023
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