Category Archives:
German harmonised inflation +11.6% y/y in October
BERLIN (Reuters) - Germany's consumer prices, harmonised to compare with other European countries, were 11.6% higher year-on-year in October, the Federal Statistical Office said on Friday, confirming ...
Nov 11, 2022
UK economy shrinks less than feared as recession risk looms
LONDON (Reuters) -Britain's economy shrank by a less severe than expected 0.2% in the three months to September, according to official data which is likely to represent the start a lengthy recession. ...
Nov 11, 2022
U.N., standard setter ISO launch net-zero guidelines
By Virginia Furness LONDON (Reuters) - The United Nations and standard setter the International Organization for Standardization launched a set of guidelines on Friday to help organisations construct ...
Nov 11, 2022
Analysis-European companies’ robust Q3 makes timing the end of the bear market even harder
By Lucy Raitano LONDON (Reuters) - European companies have delivered positive surprises this earnings season but profit growth could dry up in a matter of months as high inflation and recession rattle...
Nov 11, 2022
Monte dei Paschi posts 388 million euros loss hit by layoff costs
MILAN (Reuters) -State-owned Italian bank Monte dei Paschi di Siena (MPS) on Friday reported a 388 million loss for the third quarter after booking charges to lay off staff through a costly voluntary ...
Nov 11, 2022
Credit Suisse cuts about 8 jobs in SEA, part of Asia job cuts -sources
SINGAPORE (Reuters) - Credit Suisse has cut about eight jobs in its Southeast Asia investment banking and capital markets team, two sources familiar with the matter said, just weeks after the Swiss ba...
Nov 11, 2022
Exclusive-Apple supplier Foxconn plans to quadruple workforce at India plant-sources
By Sudarshan Varadhan and Yimou Lee NEW DELHI/TAIPEI (Reuters) - Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two years, two government officials with kn...
Nov 11, 2022
Japan Oct consumer inflation likely to hit four-decade high – Reuters poll
TOKYO (Reuters) - Japan's core consumer inflation rate is expected to hit a forty-year high in October as a weak yen pushed up raw material costs for companies, leaving some with little option but to ...
Nov 11, 2022
Regulators in focus as Airbus and Qatar Airways return to court
By Tim Hepher LONDON (Reuters) - Airbus and Qatar Airways will resume a London court battle on Friday that thrusts their relations with regulators into the spotlight in a dispute over the safety of gr...
Nov 11, 2022
Richemont posts first half loss after writedown from YNAP exit
ZURICH (Reuters) - Richemont reported on Friday a shareholders net loss of 760 million euros ($776.72 million) during the first half of its financial year after the luxury group took a 2.7 billion eur...
Nov 11, 2022
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