Category Archives:
Inflation brings end to beloved 114-year-old Japanese candy
By Kantaro Komiya and Daniel Leussink TOKYO (Reuters) - A beloved Japanese candy eaten by generations, so iconic it even appeared in a hit anime film, has come to the end of the line, a victim of surg...
Nov 09, 2022
Ghana inflation reaches new high of 40.4% in October
ACCRA (Reuters) - Ghana's consumer inflation reached a new 21-year high of 40.4% year on year in October, up from 37.2% in September, the statistics service said on Wednesday, after a month of rapid c...
Nov 09, 2022
McDonald’s India franchisee Westlife beats Q2 profit view on strong demand
BENGALURU - Westlife Foodworld Ltd, which owns the franchise for McDonald's Corp in west and south India, reported a bigger-than-expected second-quarter profit on Wednesday, helped by rising demand. T...
Nov 09, 2022
Chinese copper companies say more mining is needed to boost supply
BEIJING (Reuters) - China's top copper producers are urging the government to mine more of the metal, at home and abroad, as concerns grow about disruptions to global supplies, the state-backed China ...
Nov 09, 2022
Swedish central bank calls on banks to restrict dividends as risks rise
STOCKHOLM (Reuters) - High inflation and the war in Ukraine have increased risks in Sweden's financial system and banks should strengthen their resilience by clamping down on dividends, the central ba...
Nov 09, 2022
Vodafone sells slice of Vantage Towers to KKR, other investors
LONDON (Reuters) -Vodafone said it would sell a portion of its majority stake in wireless towers unit Vantage to private equity firms GIP and KKR, and use the minimum proceeds of 3.2 billion euros to ...
Nov 09, 2022
IMF agrees $4.5 billion Bangladesh support programme
LONDON (Reuters) - The International Monetary Fund provisionally agreed a $4.5 support programme for Bangladesh on Wednesday. In statement the IMF said a "staff-level agreement" had been reached for a...
Nov 09, 2022
COP27 – World Bank’s Malpass: Half of World Bank’s climate finance is for adaptation
SHARM EL-SHEIKH (Reuters) - About half of the World Bank's $32 billion of climate financing is for adaptation to climate change, the body's president David Malpass said on Wednesday during the COP27 c...
Nov 09, 2022
Germany to block Chinese takeover of semiconductor firm ERS Electronic – Handelsblatt
BERLIN (Reuters) - The German government will block a prospective Chinese takeover of the German semiconductor firm ERS Electronic, the Handelsblatt newspaper said on Wednesday, citing government sour...
Nov 09, 2022
Tesla Shanghai adds to inventory at highest rate ever in October – brokerage data
SHANGHAI (Reuters) - Tesla added to its electric vehicle inventory in Shanghai at its fastest pace ever in October, brokerage data showed, at a time when automakers and investors are bracing for a dow...
Nov 09, 2022
Peoria, IL, USA
60 °F Partly cloudy
