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JPMorgan cuts China quarterly and full-year growth forecasts
LONDON (Reuters) - Investment bank JPMorgan cut its forecasts for economic growth in China on Tuesday due to the country's ongoing COVID-19 restrictions. JPMorgan has lowered its projections a number ...
Syndicated Content Nov 15, 2022
European shares open higher as defensives eke out gains; Vodafone tumbles
(Reuters) - European shares opened higher on Tuesday, with defensive utilities and real estate sectors leading the advance after more Federal Reserve officials dampened hopes of a policy pivot, while ...
Syndicated Content Nov 15, 2022
Spain’s 12-month inflation down to 7.3% in October
(Reuters) - Spanish consumer prices rose 7.3% year-on-year in October, down from 8.9% in the period through September, final data released by the National Statistics Institute showed on Tuesday. Analy...
Syndicated Content Nov 15, 2022
Tech investor Draper sours on China, says it has left the free market
TAIPEI (Reuters) - China is no longer a place to invest and has left "the free market" under President Xi Jinping, said U.S. venture capitalist Tim Draper, an early investor in Elon Musk's Tesla and S...
Syndicated Content Nov 15, 2022
Christmas shopping comes early for Britons in grip of cost crunch
By James Davey LONDON (Reuters) - More Britons began their Christmas shopping early this year as they navigate a worsening cost-of-living squeeze by budgeting their spending, market research group Nie...
Syndicated Content Nov 15, 2022
U.S., Japan and partners mobilise $20 billion to move Indonesia away from coal power
By David Lawder and Valerie Volcovici NUSA DUA, Indonesia/SHARM EL-SHEIKH, Egypt (Reuters) - A coalition of countries will mobilise $20 billion of public and private finance to help Indonesia shut coa...
Syndicated Content Nov 15, 2022
Saudi inflation eases to 3% in October
DUBAI (Reuters) - Saudi Arabia's annual inflation rate eased to 3% in October from 3.1% in September, with higher food prices driving the latest price rise, the General Authority for Statistics report...
Syndicated Content Nov 15, 2022
BAE Systems sees more growth in 2023
LONDON (Reuters) -BAE Systems, Britain's biggest defence company, forecast more growth next year as the war in Ukraine boosts military spend, helping it post a "very strong" order book in 2022, includ...
Syndicated Content Nov 15, 2022
Vodafone cuts full-year forecasts as climate worsens
LONDON (Reuters) -Vodafone cut its full-year free cash flow forecast by 200 million euros on Tuesday and said earnings would come in towards the bottom of its range, reflecting a worsening global macr...
Syndicated Content Nov 15, 2022
German wholesale price rise slows in October
BERLIN (Reuters) - Germany's wholesale prices grew more slowly in October, with a rise of 17.4% year on year, although the cost of many raw materials and intermediate products remained high, according...
Syndicated Content Nov 15, 2022
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