By Shubham Batra and Nikunj Ohri NEW DELHI (Reuters) – India on Tuesday forecast its economy would grow 6% to 6.8% in the coming financial year, slower than the projected pace for 2022/23 becaus[...]
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January 31, 2023
Europe’s luxury stocks have room to rise, but becoming costly
By Lucy Raitano LONDON (Reuters) – Europe’s glittering luxury companies, the region’s top stock-market performers in 2023, may see yet more gains driven by a rebound in Chinese spend[...]
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Black Friday, holiday sales spur demand at South Africa’s Shoprite
JOHANNESBURG (Reuters) -South Africa’s biggest supermarket group Shoprite reported a 16.8% jump in half year sales on Tuesday, supported by a record Black Friday and festive season as both cash-[...]
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France eked out 0.1% growth in Q4 as energy crisis eased
PARIS (Reuters) -France managed to eke out meagre growth in the final quarter of 2022 as falling energy imports and firm business investment offset a pullback in consumer spending, preliminary gross d[...]
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China ‘seriously concerned’ about report U.S. has halted approvals of exports to Huawei
BEIJING (Reuters) – China is seriously concerned about a report that the United States has stopped approving licences for U.S. companies to export items to tech giant Huawei, a foreign minsitry[...]
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Bond investors brace for recession as Fed expected to slow pace of tightening
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Recession worries are sending investors into Treasuries and other fixed income investments ahead of the Federal Reserve’s first meeting of[...]
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U.S. solar prices still soaring as projects stalled
(Reuters) – U.S. solar energy contract prices have soared by a third over the past year as project developers have struggled to get imported panels, according to a report published late on Monda[...]
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Squeezed mining companies face growth dilemma
By Clara Denina and Helen Reid JOHANNESBURG (Reuters) – High costs and the prospect of shrinking earnings have made big miners nervous about expansion, even as shareholders demand investment in[...]
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Japan Inc strives to lure skilled workers as inflation, labour crunch bite
By Tetsushi Kajimoto TOKYO (Reuters) – From inflation allowances to the reskilling of workers, firms in Japan are stepping up efforts to help employees fight rising prices and a labour crunch, e[...]
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