Category Archives:
Bundesbank sees recession, higher inflation in Germany
FRANKFURT (Reuters) - Inflation in Germany, the euro zone's biggest economy, is likely to be higher than earlier thought while economic growth will be weaker with a recession next year now certain, th...
Dec 16, 2022
German downturn eases further, lifting some gloom – flash PMI
BERLIN (Reuters) - A downturn in German economic activity eased for the second month running in December, a preliminary survey showed on Friday, as retreating price` pressures added to hopes that an e...
Dec 16, 2022
French economic contraction worsened in December – flash PMI
By Sudip Kar-Gupta PARIS (Reuters) - French business activity contracted at a faster rate in December than the previous month, a survey showed on Friday, adding to signs of a recession ahead for the e...
Dec 16, 2022
NASA set to launch first global water survey satellite
By Steve Gorman LOS ANGELES (Reuters) - A SpaceX rocket was due for launch from California early on Friday carrying a U.S.-French satellite designed to conduct the first global survey of Earth's surfa...
Dec 16, 2022
ECB’s Villeroy: Match against inflation is not over
PARIS (Reuters) - European Central Bank (ECB) member and Bank of France head Francois Villeroy de Galhau said on Friday the fight against inflation wasn't over, adding it should peak during the first ...
Dec 16, 2022
South Korea pension fund opens up FX hedging limit to maximum 10%
SEOUL (Reuters) - South Korea's mammoth National Pension Fund (NPS) will hedge foreign exchange risks for up to 10% of its overseas investment compared with zero at present, the welfare ministry said ...
Dec 16, 2022
Investor Cat Rock cuts stake in Just Eat Takeaway, says still committed
AMSTERDAM (Reuters) -U.S. investor Cat Rock, previously the second-largest shareholder in meal delivery firm Just Eat Takeaway.com, has sold part of its stake, according to an SEC filing. "Cat Rock re...
Dec 16, 2022
Rio Tinto completes $3.3 billion acquisition of Canada’s Turquoise Hill
(Reuters) - Rio Tinto Ltd said on Friday it had completed its long drawn-out acquisition of a 49% stake in Turquoise Hill Resources, giving the world's top iron ore producer a 66% stake in Mongolia's ...
Dec 16, 2022
Amazon strikes deal to bring Warhammer 40,000 onto screens
(Reuters) - Amazon.com Inc will bring popular miniature wargame Warhammer 40,000 to film and television screens after the tech giant's content unit reached an agreement with British developer Games Wo...
Dec 16, 2022
China’s re-opening to lift Asia equity capital market volumes from three-year lows
By Scott Murdoch SYDNEY (Reuters) - Asian equity capital markets activity, languishing at three-year lows now, is set to get a much needed boost in 2023 from China's expected re-opening to the rest of...
Dec 16, 2022
Peoria, IL, USA
53 °F Sunny
