Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
UK shop price inflation holds at lowest since June 2022 – BRC
LONDON (Reuters) - Prices charged by British store chains rose at the joint slowest pace in a year and a half in December, an industry group said on Tuesday. The British Retail Consortium said annual ...
Jan 02, 2024
China’s state-owned developers dominate sales, land markets in 2023 – surveys
HONG KONG (Reuters) - China's property market continued to consolidate in 2023 with state-affiliated firms dominating the home sales and land acquisition market, private surveys showed, as more privat...
Jan 02, 2024
Euro zone economy likely entered recession last year -PMI
LONDON (Reuters) - Euro zone factories ended 2023 on the back foot, with activity contracting in December for an 18th straight month, according to a survey which gave scant signs of any imminent stron...
Jan 02, 2024
U.S. property reinsurance rates rise by up to 50% on Jan 1-broker says
LONDON (Reuters) - U.S. property catastrophe reinsurance rates rose by as much as 50% on the key Jan. 1 renewal date, broker Gallagher Re said in a report on Tuesday, as reinsurers look to recoup loss...
Jan 02, 2024
Tesla new car registrations in Sweden rose 9% in Dec
STOCKHOLM (Reuters) - New registrations of Tesla cars in Sweden increased in December from a year earlier and the car maker's market share grew, industry data showed on Tuesday, despite union action a...
Jan 02, 2024
European shares start New Year at 23-month high on energy boost
(Reuters) - Europe's benchmark stock index hit a near two-year high on Tuesday, as investors entered 2024 with undeterred hopes that major central banks might finally deliver interest rate cuts, with ...
Jan 02, 2024
China’s home sales during New Year holiday fall 26% compared with 2023
BEIJING (Reuters) - China's average daily home sales during the three-day New Year holiday in 40 cities, based on floor area, fell 26% compared with the same period last year, a survey showed on Tuesd...
Jan 02, 2024
Indonesia’s Dec inflation eases more than expected
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) - Indonesia's annual inflation rate cooled more than expected in December to 2.61%, within the central bank's target range, official data show...
Jan 02, 2024
Analysis-Sterling runs into economic and election hurdles after stellar year
By Alun John LONDON (Reuters) - Sterling just had its best year against the dollar since 2017, yet a weakening economy and election uncertainty make a repeat performance unlikely. It is not hard to se...
Jan 02, 2024
Analysis-Fed pivot may cap junk bond defaults, but risks remain
By Shankar Ramakrishnan (Reuters) - Investor optimism that the Federal Reserve will start cutting interest rates is breathing new life into the market for junk debt, providing timely relief to the low...
Jan 02, 2024
