Category Archives:
UK insurers face watchdog crackdown for undervaluing cars while settling claims
LONDON (Reuters) - Britain's financial watchdog on Friday warned insurers against undervaluing cars and other items when customers submit a damage claim and said it was taking unspecified action again...
Dec 02, 2022
India’s Maruti says chip shortage to cause bigger hit to Dec production
BENGALURU (Reuters) - Maruti Suzuki India Ltd, the country's top carmaker, said on Friday it expected a shortage of electronic components to impact its production in December more than in recent month...
Dec 02, 2022
Euro zone producer prices fall more than expected m/m in Oct
BRUSSELS (Reuters) - Euro zone producer prices fell more than expected month-on-month in October and decelerated sharply year-on-year, underlining economists' expectations that inflation may have peak...
Dec 02, 2022
Airbus wary of squeezing out suppliers as tops hiring target
By Tim Hepher MUNICH (Reuters) - Airbus, struggling to meet resurgent jet demand in the face of crumbling supply chains and labour shortages, has exceeded this year's hiring targets but is wary of cro...
Dec 02, 2022
Italy confident to clinch all 2022 targets of EU post-pandemic recovery fund
ROME (Reuters) - Italy's government is confident of achieving all targets of the EU post-pandemic recovery fund planned by the end of the year, its economy minister said on Friday. Italy has so far ob...
Dec 02, 2022
World food price index ticks lower in November -FAO
PARIS (Reuters) - The United Nations food agency's world price index fell marginally in November, marking an eighth straight monthly fall since a record high in March after Russia's invasion of Ukrain...
Dec 02, 2022
Up, down, up again: Japan’s soccer-related stocks mirror Samurai Blue’s performance
By Nobuyo Saito TOKYO (Reuters) - Japanese shares of soccer-related companies had a good day on Friday as they mirrored the national team's roller-coaster performance at the World Cup where the "Samur...
Dec 02, 2022
Equity funds suffer biggest weekly outflow in three months – BofA
LONDON (Reuters) - Equity funds suffered a $14.1 billion outflow in the week to Wednesday in the largest exit in three months, BofA Global Research said in a note on Friday. U.S. equity funds saw an $...
Dec 02, 2022
Spanish unemployment falls in Nov as job creation continues
MADRID (Reuters) - Unemployment fell and net jobs were created in November in Spain, reflecting strength in the labour market despite a slowing economy, official data showed on Friday. The figures fol...
Dec 02, 2022
German exports fall as demand cools in Europe, U.S
BERLIN (Reuters) - German exports fell more than forecast in October, official data showed on Friday, as high inflation and supply chain snags hit demand in key trading partners, further raising the s...
Dec 02, 2022
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