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German govt expects economy to shrink 0.4% in 2023 – source
BERLIN (Reuters) -Germany's government expects the economy to shrink by 0.4% this year in its draft autumn projections, a source with knowledge of the projections told Reuters on Friday. The economy i...
Syndicated Content Oct 06, 2023
Citigroup raises Japan stocks to ‘neutral,’ cuts UK to ‘underweight’
(Reuters) - Citigroup on Friday upgraded its recommendation on Japanese stocks to "neutral" as the country's economy and earnings look resilient, but downgraded British equities to "underweight" due t...
Syndicated Content Oct 06, 2023
Italy’s Intesa Sanpaolo says it will invest in SpaceX
MILAN (Reuters) - Italy's biggest bank Intesa Sanpaolo said on Friday it had decided to invest in US billionaire Elon Musk's space company SpaceX. Intesa Sanpaolo recognizes "the aerospace sector as h...
Syndicated Content Oct 06, 2023
China expands climate change surveillance on Himalayan peak
BEIJING (Reuters) - China has set up weather stations on Cho Oyu, the sixth highest mountain in the world on Tibet's border with Nepal, expanding a series of high-altitude meteorological gauges in the...
Syndicated Content Oct 06, 2023
UAE opens 104 MW wind project ahead of U.N. climate summit
DUBAI (Reuters) - The United Arab Emirates has launched its first wind project of commercial size, making use of technology to exploit low wind speeds, as it pushes to boost renewables before hosting ...
Syndicated Content Oct 06, 2023
ECB policies are taming inflation, but uncertainty persists-Herodotou
LIMASSOL, Cyprus (Reuters) - The ECB's monetary policy transmission is working to tame inflation, though material uncertainty persists in the euro area, ECB policymaker Constantinos Herodotou said on ...
Syndicated Content Oct 06, 2023
Goldman Sachs sees more than 1% growth for euro area in 2024
(Reuters) - Goldman Sachs expects economic growth in the euro area to recover to 1.25%-1.5% in 2024, more than double their forecast of about 0.5% for this year's growth. The brokerage's 2023 forecast...
Syndicated Content Oct 06, 2023
Renault, Volvo, CMA CGM pool forces to develop electric vans
PARIS (Reuters) - Carmakers Renault and Volvo and shipping group CMA CGM said on Friday they will jointly develop a new generation of electric vans, aiming to begin production in 2026. Renault and Vol...
Syndicated Content Oct 06, 2023
Australia billionaire raises stake in Liontown Resources to 16.7%
(Reuters) - Australian billionaire Gina Rinehart's company Hancock Prospecting has increased its stake in Liontown Resources to 16.7%, becoming the largest shareholder, Hancock Prospecting said on Fri...
Syndicated Content Oct 06, 2023
Take Five: An uneasy calm
(Reuters) - Still punchy after a bond market rout and forex market gyrations, financial markets are bracing for U.S. inflation numbers and the start of earnings season. There's plenty to chew over for...
Syndicated Content Oct 06, 2023
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
