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Tonic maker Fevertree to hike prices to cushion high glass costs
(Reuters) - British tonic maker Fevertree Drinks Plc said on Wednesday it plans to hike product prices and ramp up its U.S. production to help cushion the pressures faced from high costs of manufactur...
Syndicated Content Mar 22, 2023
Syngenta 4Q profit falls as raw material prices increase
ZURICH (Reuters) - Swiss agrichemicals and seeds group Syngenta on Wednesday reported a 25% drop in fourth quarter earnings due to higher raw materials and energy costs. Syngenta, which plans to list ...
Syndicated Content Mar 22, 2023
Column-QE sceptics fear Fed is in a hole :Mike Dolan
By Mike Dolan LONDON (Reuters) - If this month's U.S. banking stress owes at least something to the Federal Reserve's reduction of its mammoth balance sheet, then the central bank may now find itself ...
Syndicated Content Mar 22, 2023
UK inflation rate rises to 10.4% in February – ONS
LONDON (Reuters) - British consumer price inflation unexpectedly rose to 10.4% in February from January's 10.1%, figures from the Office for National Statistics showed on Wednesday. Economists polled ...
Syndicated Content Mar 22, 2023
Bundesbank chief: rate-setters must be ‘stubborn’ in inflation fight -FT
(Reuters) - Eurozone policy-setters must be "stubborn" and continue increasing borrowing costs to battle inflation, Bundesbank chief Joachim Nagel told the Financial Times in comments published on Wed...
Syndicated Content Mar 22, 2023
South Korea takes step to cut homeowners’ tax as housing prices tumble
SEOUL (Reuters) - South Korea has sharply lowered official reference housing prices for this year, which will result in a large fall in taxes for homeowners, as the government has been trying to put a...
Syndicated Content Mar 22, 2023
Explainer-What is the European Union AI Act?
LONDON (Reuters) - The AI Act is expected to be a landmark piece of EU legislation governing the use of artificial intelligence in Europe that has been in the works for over two years. Lawmakers have ...
Syndicated Content Mar 22, 2023
As AI booms, EU lawmakers wrangle over new rules
By Supantha Mukherjee and Martin Coulter STOCKHOLM/LONDON (Reuters) - Rapid technological advances such as the ChatGPT generative artificial intelligence (AI) app are complicating efforts by European ...
Syndicated Content Mar 22, 2023
Exclusive-Virgin Orbit in talks to raise $200 million from Matthew Brown-term sheet
By Joey Roulette WASHINGTON (Reuters) - Billionaire Richard Branson's cash-strapped Virgin Orbit is near a deal for a $200 million investment from Texas-based venture capital investor Matthew Brown vi...
Syndicated Content Mar 22, 2023
Marketmind: Jittery markets attempt risk-on rally while waiting for Powell
A look at the day ahead in European and global markets from Ankur Banerjee With about 12 hours still to go before the Fed announces its policy decision, investors are attempting a bit of a risk-on ral...
Syndicated Content Mar 22, 2023
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