Category Archives:
Spain September final 12-month inflation revised down to 8.9%
(Reuters) - Spanish consumer prices rose 8.9% year-on-year in September, down from 10.5% in the period through August and slightly below the flash estimate of 9.0% released two weeks ago, final data r...
Oct 14, 2022
ECB’s De Guindos: will do whatever it takes to bring inflation down
BERLIN (Reuters) - The European Central Bank is prepared for a possible technical recession paired with high inflation, which must be brought down to maintain market confidence, European Central Bank ...
Oct 14, 2022
Danone to withdraw from Russia with €1 billion write-off
PARIS (Reuters) - French food company Danone said on Friday it would shed its dairy food business in Russia in a deal that could lead to a write-off of up to 1 billion euro ($978 million), the latest ...
Oct 14, 2022
India’s September WPI inflation eases to 10.70% y/y -govt
NEW DELHI (Reuters) - India's annual wholesale price-based inflation (WPI) eased in September to 10.70% year-on-year from 12.41% the previous month, government data showed on Friday. The September WPI...
Oct 14, 2022
Turquoise Hill investor SailingStone to vote against Rio’s buyout bid
(Reuters) - SailingStone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources Ltd, said on Friday it will vote against Rio Tinto Group's bid to buy the company for $3.3 billion, du...
Oct 14, 2022
Hungarian PM Orban asks finance minister and cbank governor to halve inflation by end-2023
BUDAPEST (Reuters) - Hungarian Prime Minister Viktor Orban said on Friday that he has asked the finance minister and the governor of the central bank to at least halve the inflation rate by the end of...
Oct 14, 2022
German car industry baulks at supplier demands over energy hikes
By Victoria Waldersee WOLFSBURG, Germany (Reuters) - Germany's giant carmakers may have secured their own energy supplies but thousands of small suppliers faced with a squeeze from soaring bills risk ...
Oct 14, 2022
German wholesale prices jump further in September
BERLIN (Reuters) - Germany's wholesale price index surged in September, driven mainly by higher costs for raw materials and intermediate products, according to data released on Friday. Wholesale price...
Oct 14, 2022
Royal Mail could cut 5,000-6,000 jobs by next August
(Reuters) - Royal Mail could cut as many as 5,000 to 6,000 jobs by the end of August next year, parent company International Distributions Services said on Friday, as the British company remains locke...
Oct 14, 2022
Analysis-Chinese property developers on tenterhooks ahead of Communist Party Congress
By Clare Jim HONG KONG (Reuters) - Chinese real estate developers are delaying their debt restructuring moves until after the upcoming Communist Party Congress, hoping the crucial gathering offers clu...
Oct 14, 2022
Peoria, IL, USA
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