Author Archives: Syndicated Content
Denmark’s central bank sees 4% inflation this year, risk of wage-price spiral
COPENHAGEN (Reuters) - Denmark's central bank on Wednesday forecast 4% inflation this year, more than half the level in 2022, and warned high wage increases could delay the slow-down of price increase...
Mar 15, 2023
China’s pig farms battle new surge in African swine fever
By Dominique Patton BEIJING (Reuters) - A surge in African swine fever infections in China is set to reduce hog output later this year, farm managers and analysts said this week, pushing up prices in ...
Mar 15, 2023
AI comes for the DJ: London partygoers rave to robot beats
By Vin Shahrestani LONDON (Reuters) - In front of an empty DJ booth at an East London nightclub, partygoers danced to AI-generated beats in a unique experimental rave that sought to test whether an ap...
Mar 15, 2023
S&P says not seen rampant deposit outflows to merit rating action
(Reuters) - S&P has not placed other U.S. banks on CreditWatch negative since First Republic Bank as it has not seen widespread deposit outflows, the ratings agency said on Tuesday, hours after Moody'...
Mar 15, 2023
US to impose inflation fines on first set of drugs, lowering costs
By Ahmed Aboulenein WASHINGTON (Reuters) - The U.S. government will subject 27 drugs to inflation penalties, it announced on Wednesday, meaning people on Medicare will pay less out-of-pocket by $2 to ...
Mar 15, 2023
Iceland lifts countercyclical capital bank buffer to 2.5%
COPENHAGEN (Reuters) - The Icelandic Financial Stability Committee has decided to increase the country's countercyclical buffer rate to 2.5% from 2.0% when measured as a share of the domestic risk bas...
Mar 15, 2023
French unions urge show of force as Macron’s pension overhaul nears finale
By Dominique Vidalon PARIS (Reuters) - Garbage piled up in Paris, liquefied natural gas operations were suspended and rail services cancelled on Wednesday, with trade unions urging a show of force as ...
Mar 15, 2023
Germany’s IfW predicts 0.5% GDP growth in 2023 amid stubbornly high inflation
BERLIN (Reuters) - Germany's IfW economic institute said on Wednesday it did not expect a strong economic recovery in 2023 due to continued losses in consumer purchasing power as a result of stubbornl...
Mar 15, 2023
Denmark establishes $1 billion fund to aid Ukraine
COPENHAGEN (Reuters) - Denmark's government said on Wednesday it will establish a fund of 7 billion Danish crowns ($1.01 billion) for military, civilian and business aid to Ukraine this year. The fund...
Mar 15, 2023
French inflation revised upwards in February to 7.3% – final figures
PARIS (Reuters) - French annual inflation rose to a revised 7.3% in February from 7.0% in January, partly as a result of higher food prices, according to final figures from the INSEE statistics body o...
Mar 15, 2023
