Category Archives:
Inflation, energy fears drive German consumer morale to new low -GfK
BERLIN (Reuters) - German consumer morale is projected to nosedive further in October, hitting a new record low for the fourth consecutive month as high inflation rates and rocketing energy bills show...
Sep 28, 2022
French drugmaker Sanofi expects positive boost from currency markets in Q3
PARIS (Reuters) -French drugmaker Sanofi said it expected a positive boost to its third-quarter business results from movements on the currency markets, helped by the strength of the U.S. dollar since...
Sep 28, 2022
ByteDance to add four directors to expand board to nine -SCMP
(Reuters) - TikTok owner ByteDance will add four seats to expand its board of directors to nine, as U.S. regulators step up scrutiny of the company, the South China Morning Post said on Wednesday, cit...
Sep 28, 2022
EBRD trims growth outlook, warns of more inflation pain to come
By Jorgelina do Rosario LONDON (Reuters) - Rising energy prices will pile more price pressure on consumers in emerging Europe, central Asia and north Africa, the European Bank for Reconstruction and D...
Sep 28, 2022
Hawkish Fed may prompt India’s RBI to deliver a 50-basis-point hike
By Swati Bhat MUMBAI (Reuters) - Interest rate hikes in the United States and the resultant pressure on the rupee is likely to give the Reserve Bank of India (RBI) reason to deliver a 50-basis-point r...
Sep 28, 2022
Marketmind: Mini budget, major turmoil
A look at the day ahead in European and global markets from Anshuman Daga What was meant to be a mini-budget is still thundering across financial markets. While British finance minister Kwasi Kwarteng...
Sep 28, 2022
Analysis-Weak yen pulling Japan away from BOJ Kuroda’s radicalism
By Leika Kihara TOKYO (Reuters) - A decade ago, Bank of Japan Governor Haruhiko Kuroda won praise for ending a debilitating spike in the yen with his "bazooka" stimulus. Now the currency's slide is pu...
Sep 28, 2022
Facing talent shortage, Taiwanese chip test firm ASE boosts automation
By Sarah Wu TAIPEI (Reuters) - Taiwan's ASE Technology Holding Co Ltd, one of the world's largest semiconductor testing and packaging firms, said on Wednesday that it would build a more advanced smart...
Sep 27, 2022
Soaring power costs leave Slovakia economy at risk of collapse, PM tells FT
(Reuters) - Slovakia's Prime Minister Eduard Heger said that soaring electricity costs had left the country's economy at risk of "collapse", the Financial Times reported on Wednesday. Heger said that ...
Sep 27, 2022
India’s RBI likely sells dollars as surging U.S. yields hold rupee hostage – traders
MUMBAI (Reuters) - The Indian central bank likely sold dollars via state-run banks on Wednesday as rising Treasury yields and mounting risk aversion pushed the rupee to a record low, traders said. The...
Sep 27, 2022
Peoria, IL, USA
54 °F Sunny
