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Pandora shares fall on disappointing U.S. sales
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - Jewellery maker Pandora on Tuesday reported disappointing second-quarter sales in the U.S. market, prompting its shares to fall, but reaffirmed its an...
Syndicated Content Aug 16, 2022
Analysis-Trapped cash mangles China’s policy plans
By Samuel Shen and Brenda Goh SHANGHAI (Reuters) - China's surprise cut in key policy rates this week highlights a dilemma facing Beijing as authorities try to revive an economy awash with cash in the...
Syndicated Content Aug 16, 2022
Britain launches trade system for developing countries
LONDON (Reuters) - Britain has launched a scheme to extend tariff cuts to hundreds of products, such as clothes and food, from developing countries, part of London's post-Brexit efforts to set up syst...
Syndicated Content Aug 16, 2022
India’s July WPI inflation eases to 13.93% y/y
NEW DELHI (Reuters) -India's wholesale inflation rose 13.93% in July from a year earlier, helped by a lower increase in food prices, but it stayed in double digits for a 16th month, amid expectations ...
Syndicated Content Aug 16, 2022
Rouble weakens towards 62 vs dollar, stocks up
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - The rouble weakened towards 62 to the U.S. dollar on Tuesday, pressu...
Syndicated Content Aug 16, 2022
Delivery Hero sees higher gross merchandise value in third quarter
(Reuters) -German online takeaway food company Delivery Hero on Tuesday forecast a 7% jump in its third-quarter gross merchandise value (GMV) to 10.6 billion euros ($10.8 billion), compared with the A...
Syndicated Content Aug 16, 2022
Sri Lanka faces looming food crisis with stunted rice crop
By Devjyot Ghoshal and Uditha Jayasinghe KILINOCHCHI/COLOMBO, Sri Lanka (Reuters) - Nallathambi Mahendran walked through his four acres of emerald green paddy fields in northern Sri Lanka's Kilinochch...
Syndicated Content Aug 16, 2022
Saudi PIF buys shares in Alphabet, Zoom and Microsoft in U.S. shopping spree
By Hadeel Al Sayegh DUBAI (Reuters) - Saudi Arabia's Public Investment Fund (PIF) bought shares in Alphabet, Zoom Video and Microsoft as part of a wider pick of U.S. stocks, bringing the sovereign wea...
Syndicated Content Aug 16, 2022
Juicy Couture owner to buy UK’s Ted Baker for about $254 million
(Reuters) - Juicy Couture and Forever 21 owner Authentic Brands will buy Ted Baker in a deal worth roughly 211 million pounds ($254.26 million), the companies said on Tuesday, ending months of specula...
Syndicated Content Aug 16, 2022
UK unemployment rate holds at 3.8% in three months to June
LONDON (Reuters) -Britain's unemployment rate held at 3.8% in the three months to June, close to a half-century low, but there were some signs that the country's super-hot labour market was cooling, a...
Syndicated Content Aug 16, 2022
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