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German inflation beats forecasts with June rise
BERLIN (Reuters) - German inflation rose more than expected in June, interrupting a steady decline since the start of the year and suggesting a bumpy road ahead. German consumer prices, harmonised to ...
Syndicated Content Jun 29, 2023
H&M to grow third-party brand strategy as online rivalry intensifies
STOCKHOLM (Reuters) - H&M plans to sell more third-party brands online and in stores, CEO Helena Helmersson said on Thursday, as one of the world's top fashion retailers ramps up its effort to take on...
Syndicated Content Jun 29, 2023
Eli Lilly to buy Sigilon Therapeutics to expand diabetes treatments
(Reuters) - Eli Lilly and Co said on Thursday it will acquire all the shares of Sigilon Therapeutics that it did not own to gain access to experimental cell therapies that can provide longer-term solu...
Syndicated Content Jun 29, 2023
Brazil’s Lula says inflation targets too ‘rigid’
SAO PAULO (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Thursday the country's inflation targets were excessively rigid and renewed criticism of the central bank for high interest ...
Syndicated Content Jun 29, 2023
China to take measures to promote household consumption- state media
BEIJING (Reuters) - China plans to take measures to promote household consumption, state media reported on Thursday, citing discussions at a cabinet meeting chaired by Premier Li Qiang, amid concerns ...
Syndicated Content Jun 29, 2023
Exclusive-Morgan Stanley board considers next CEO while Gorman clears the decks
By Lananh Nguyen NEW YORK (Reuters) - Morgan Stanley's board will focus on the selection of CEO James Gorman's successor at its summer and fall meetings, a person familiar with the situation said, whi...
Syndicated Content Jun 29, 2023
Junk-rated borrowers’ interest bill hits 13-year high- S&P
By Naomi Rovnick LONDON (Reuters) - Debt interest rates paid by the world's riskiest corporate borrowers have reached the highest since 2010, at 6.1% on average, S&P Global Ratings said in a report on...
Syndicated Content Jun 29, 2023
Oil and gas firms making ‘almost no progress’ towards Paris goals – CDP
LONDON (Reuters) - Top oil and gas companies have made little progress in turning away from hydrocarbons and towards the goals of the 2015 Paris climate deal, multinational nonprofit platform CDP said...
Syndicated Content Jun 29, 2023
EU-funded hybrid car prototype explodes in Italy, killing two people
ROME (Reuters) - Two people have died after a hybrid car prototype that was being developed and tested with European Union funds blew up last week in the southern Italian city of Naples. The Life-Save...
Syndicated Content Jun 29, 2023
Lordstown Motors gets Nasdaq delisting notice
(Reuters) - Lordstown Motors said on Thursday it had received a delisting notice from the Nasdaq, days after the U.S. electric truck maker filed for bankruptcy protection. The company received the not...
Syndicated Content Jun 29, 2023
Peoria, IL, USA
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