(Reuters) – Dollarama Inc raised its full-year same-store sales forecast on Wednesday, as the Canadian discount store chain benefited from inflation-weary consumers shopping at its stores in sea[...]
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December 7, 2022
Volkswagen to invest $482 million in electrifying Wolfsburg plant
BERLIN (Reuters) -Volkswagen will invest 460 million euros ($482 million) by early 2025 in its Wolfsburg plant, with most of the funds going into preparation for the production of the electric ID.3 mo[...]
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Factbox-European companies cuts jobs as economy sputters
(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies that have announced cuts:[...]
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Explainer-Europe set to import banned Russian diesel without knowing
By Rowena Edwards LONDON (Reuters) – European motorists could find Russian diesel in their tanks even after bans take effect because regulators lack tools to trace the origin of fuel when it has[...]
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Future of work: Back to the office
(Reuters) – Employers have been asking workers with increasing urgency this year to return to the office, while workers are demanding flexibility, creating a tussle that is yet to be resolved as[...]
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Greek economy shrinks in Q3 on higher imports, lower public spending
ATHENS (Reuters) -Greece’s economy shrank in July-to-September compared with the second quarter, as declining net exports and public spending offset strong tourism, statistics service (ELSTAT) s[...]
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Banks face 6% capital hike from remaining Basel rules, says Bank of England
LONDON (Reuters) -Applying the remaining set of global bank capital rules in Britain will increase capital requirements by about 6% by the end of the decade, the Bank of England said on Wednesday. The[...]
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TSX futures down on recession fears, BoC rate decision in focus
(Reuters) – Futures tracking Canada’s main stock index slipped on Wednesday on mounting recession worries, while investors awaited the Bank of Canada’s interest rate decision later i[...]
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China’s reported gold reserves rise for first time since 2019
(Reuters) – China’s central bank said on Wednesday it had added 32 tonnes of gold worth around $1.8 billion to its reserves, the first time it has disclosed an increase since September 201[...]
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