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South Africa producer inflation slows to 2.7% y/y in July
South Africa producer inflation slows to 2.7% y/y in July
JOHANNESBURG South Africa's producer inflation slowed to 2.7% year on year in July from 4.8% in June, statistics
2023-08-31 17:47
Thailand's economic recovery on track but exports weigh
Thailand's economic recovery on track but exports weigh
BANGKOK Thailand's economic recovery remained on track in July as private spending increased and the tourism sector expanded
2023-08-31 17:27
Inflation in Europe stuck at 5.3% in August
Inflation in Europe stuck at 5.3% in August
Consumer prices in the 20 countries that use the euro rose 5.3% on average this month compared with a year ago, preliminary estimates by Europe's statistics office showed Thursday.
2023-08-31 17:25
After Credit Suisse takeover, UBS begins cost drive by axing 3,000 Swiss jobs
After Credit Suisse takeover, UBS begins cost drive by axing 3,000 Swiss jobs
By Noele Illien and Oliver Hirt ZURICH (Reuters) -UBS Group embarked on a sweeping plan to cut more than $10
2023-08-31 17:21
UBS to cut 3,000 jobs after Credit Suisse takeover
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:16
Klarna Shrinks Losses With Sales Growth and Cost-Cutting
Klarna Shrinks Losses With Sales Growth and Cost-Cutting
Klarna Bank AB’s losses narrowed in the first half of the year as its growing customer base continued
2023-08-31 16:53
Irish fuel duty and hospitality taxes to increase
Irish fuel duty and hospitality taxes to increase
The increases, which come into effect from midnight, follow a number of temporary reductions.
2023-08-31 16:51
Traders Are Bailing on the Euro as Talk of Stagflation Heats Up
Traders Are Bailing on the Euro as Talk of Stagflation Heats Up
Traders are abandoning the euro at pace as speculation grows the European Central Bank will struggle to tighten
2023-08-31 16:46
China is still suffering from declining factory output. Demand for services is also slowing
China is still suffering from declining factory output. Demand for services is also slowing
Factory activity in China contracted for a fifth straight month in August, adding pressure on Beijing to roll out more stimulus measures to bolster the faltering economy.
2023-08-31 15:53
Seven & I Seals Deal to Sell Department Stores for $1.5 Billion
Seven & I Seals Deal to Sell Department Stores for $1.5 Billion
Seven & i Holdings Co. has finalized the sale of its Sogo & Seibu Co. department store chain
2023-08-31 15:53
Focusrite Announces 4th Generation Scarlett Interfaces; More Info at B&H
Focusrite Announces 4th Generation Scarlett Interfaces; More Info at B&H
NEW YORK--(BUSINESS WIRE)--Aug 31, 2023--
2023-08-31 15:20
Investors call on ISS to overhaul its net-zero proxy advice
Investors call on ISS to overhaul its net-zero proxy advice
By Tommy Wilkes and Simon Jessop LONDON More than 30 investors have called on proxy advisor ISS to
2023-08-31 14:59
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