By Andy Bruce and William Schomberg LONDON (Reuters) – British inflation fell by more than expected in January and there were signs of cooling price pressure in parts of the economy watched clos[...]
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February 15, 2023
Fertilizer makers in for another slow quarter as demand wilts
By Sourasis Bose (Reuters) – Fertilizer companies Nutrien Ltd, Mosaic Co and CF Industries are expected to take a sales hit in the fourth quarter as farmers cut back on purchases to offset high[...]
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U.S. retail sales roar back; manufacturing shows improvement
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales increased by the most in nearly two years in January after two straight monthly declines as Americans boosted purchases of motor vehicl[...]
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Pension schemes’ share of hedge fund investments hits lowest in 5 years – Goldman
By Nell Mackenzie LONDON (Reuters) – Investments by global pension schemes fell to the smallest proportion in five years of overall hedge fund assets at the end of last year, a Goldman Sachs sur[...]
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Magna to invest $470 million for expansion in Ontario
(Reuters) – Magna International Inc said on Wednesday it was investing more than $470 million to expand its operations across Ontario, Canada, as it looks to increase its presence across the pro[...]
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Adobe will need EU okay to acquire Figma, regulators say
By Foo Yun Chee and Chavi Mehta (Reuters) -Adobe Inc will need to secure European Union antitrust approval for its $20 billion bid for cloud-based designer platform Figma even though the deal falls sh[...]
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Factbox-CCS? CHAdeMO? EV charger terms you need to know
(Reuters) – The Biden administration on Wednesday outlined long-awaited rules for electric charging stations as part of a $7.5 billion federal government program, a bid to jump-start the country[...]
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Fintech threat to big banks fizzled in 2022 as rates rose – report
By Hannah Lang (Reuters) – The competitive threat of financial technology companies to big banks diminished over the past year as rising interest rates constricted funding, a new report from Moo[...]
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Onions put Philippines in a stew over food price inflation
By Enrico Dela Cruz and Adrian Portugal MANILA (Reuters) – Putting quality over profit during inflationary times, Manila restaurant manager Ely Cundangan has refused to mess with her signature b[...]
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