Author Archives: Syndicated Content
Spain September final 12-month inflation revised down to 8.9%
(Reuters) - Spanish consumer prices rose 8.9% year-on-year in September, down from 10.5% in the period through August and slightly below the flash estimate of 9.0% released two weeks ago, final data r...
Oct 14, 2022
ECB’s De Guindos: will do whatever it takes to bring inflation down
BERLIN (Reuters) - The European Central Bank is prepared for a possible technical recession paired with high inflation, which must be brought down to maintain market confidence, European Central Bank ...
Oct 14, 2022
Danone to withdraw from Russia with €1 billion write-off
PARIS (Reuters) - French food company Danone said on Friday it would shed its dairy food business in Russia in a deal that could lead to a write-off of up to 1 billion euro ($978 million), the latest ...
Oct 14, 2022
India’s September WPI inflation eases to 10.70% y/y -govt
NEW DELHI (Reuters) - India's annual wholesale price-based inflation (WPI) eased in September to 10.70% year-on-year from 12.41% the previous month, government data showed on Friday. The September WPI...
Oct 14, 2022
Japan’s Fujifilm discontinues development of Avigan as COVID-19 drug
TOKYO (Reuters) - Japan's Fujifilm Holdings Corp said on Friday it had discontinued the development of its anti-influenza drug Avigan as a COVID-19 treatment. The company had halted Avigan's enrolment...
Oct 14, 2022
Turquoise Hill investor SailingStone to vote against Rio’s buyout bid
(Reuters) - SailingStone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources Ltd, said on Friday it will vote against Rio Tinto Group's bid to buy the company for $3.3 billion, du...
Oct 14, 2022
Hungarian PM Orban asks finance minister and cbank governor to halve inflation by end-2023
BUDAPEST (Reuters) - Hungarian Prime Minister Viktor Orban said on Friday that he has asked the finance minister and the governor of the central bank to at least halve the inflation rate by the end of...
Oct 14, 2022
German car industry baulks at supplier demands over energy hikes
By Victoria Waldersee WOLFSBURG, Germany (Reuters) - Germany's giant carmakers may have secured their own energy supplies but thousands of small suppliers faced with a squeeze from soaring bills risk ...
Oct 14, 2022
Qatar World Cup will have areas for drunk fans to sober up, chief says
DUBAI (Reuters) - The soccer World Cup being held in Qatar from next month will have areas for drunk fans to sober up, its chief executive said in a television interview. The Nov. 20-Dec. 18 World Cup...
Oct 14, 2022
German wholesale prices jump further in September
BERLIN (Reuters) - Germany's wholesale price index surged in September, driven mainly by higher costs for raw materials and intermediate products, according to data released on Friday. Wholesale price...
Oct 14, 2022
