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Marketmind: Transitory faith in transitory inflation
A look at the day ahead from Julien Ponthus. Say your economy is growing at about 5% annually, it just hit a 10-year inflation high of 3% amid labour shortages and enjoys negative yields on benchmark ...
Syndicated Content Sep 07, 2021
Ted Baker sales jump as easing curbs revive dressing to the nines
(Reuters) - Upmarket fashion retailer Ted Baker Plc on Tuesday said second-quarter sales surged 50% as the lifting of COVID-19 restrictions in the UK boosted demand for formal clothes. Retail sales du...
Syndicated Content Sep 07, 2021
Toyota to spend over $13.5 billion to develop EV batteries and supply systems by 2030
TOKYO (Reuters) - Toyota Motor Corp said on Tuesday it expects to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system. The world's largest automaker by volume uses...
Syndicated Content Sep 07, 2021
OPEC+ keen to keep oil prices at $65-$75 a barrel, Lukoil chief says
MOSCOW (Reuters) - The head of Russia's No. 2 oil producer Lukoil said that oil prices of $65-$75 were "comfortable" for consumers and that the OPEC+ group of leading oil-producing nations was strivin...
Syndicated Content Sep 07, 2021
German factory output rebound suggests bottlenecks easing
BERLIN (Reuters) - German industrial output rose more than expected in July after three monthly drops, data showed on Tuesday, in a sign that factories are slowly overcoming supply bottlenecks which h...
Syndicated Content Sep 07, 2021
France to pay national tribute to famed actor Belmondo on Sept 9
PARIS (Reuters) - France will hold a national ceremony to pay tribute to famed actor Jean-Paul Belmondo at Paris' Hotel National des Invalides on Sept 9, said the French presidency on Tuesday. Belmond...
Syndicated Content Sep 07, 2021
UK house prices jump by 0.7% in August – Halifax
LONDON (Reuters) - British house prices rose by 0.7% in August, the biggest month-on-month rise for three months and following a 0.4% rise in July, mortgage lender Halifax said on Tuesday. In annual t...
Syndicated Content Sep 07, 2021
Hyundai to offer hydrogen fuel cell versions of all commercial vehicles by 2028
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - Hyundai Motor Group said on Tuesday it plans to offer hydrogen fuel cell versions for all its commercial vehicles by 2028 and will cut the price of fue...
Syndicated Content Sep 07, 2021
Zurich Insurance sets climate steps to curb C02 emissions
ZURICH (Reuters) - Zurich Insurance Group unveiled new climate measures that the Swiss insurer said would cut carbon dioxide (CO2) emissions by a fifth -- or more than 40,000 tonnes per year -- by 202...
Syndicated Content Sep 07, 2021
Softbank agrees strategic share swap pact with Deutsche Telekom
TOKYO (Reuters) - Japan's Softbank Group said on Tuesday it had agreed a strategic partnership with Deutsche Telekom, Germany's main telecoms company, which will receive 45 million shares of T-Mobile ...
Syndicated Content Sep 07, 2021
Peoria, IL, USA
60 °F Partly cloudy
