By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said inflation would likely accelerate from “summer towards autumn” as bumper pay hikes push up prices, the Asahi newspap[...]
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April 5, 2024
European Commission examines complaint about Hungary’s tax on foreign retailers
(Reuters) – The European Commission is looking into a complaint about Hungary’s tax on retailers, saying it will “ensure appropriate follow-up” after the Austrian government an[...]
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EU antitrust regulators scrap probe into fashion designers
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators have scrapped a two-year-long investigation into a group of fashion designers who had called for changes in sales periods and discoun[...]
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EU sees hope for US minerals deal from new forced labour law
LEUVEN, Belgium (Reuters) – New European Union rules that will ban products made using forced labour have raised the prospect of concluding a deal on critical minerals with the United States, EU[...]
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Brazil imports of Chinese electric vehicles surge ahead of new tariff
BRASILIA (Reuters) – A flood of electric vehicles from China boosted Brazilian car imports in the first quarter of 2024, ahead of rising import tariffs aimed at protecting local production. Betw[...]
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Instant view: March US payrolls beat expectations; wages increase steadily
(Reuters) – U.S. employers hired far more workers than expected March while raising wages, suggesting the economy ended the first quarter on solid ground and potentially delaying anticipated int[...]
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Mark Cuban Is Bullish On AI Minting ‘World’s First Trillionaire’…And His Crypto Portfolio Backs It Up
After Mark Cuban predicted the “world’s first trillionaire” would be someone that “masters AI,” Benzinga took a look at the billionaire’s crypto portfolio and found his investments back up his bullish[...]
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Global equity funds see outflows amid uncertainty over rate cut timing
(Reuters) – Investors trimmed their holdings in global equity funds in the week ending April 3 as they weighed the possibility of the Federal Reserve delivering fewer interest rate cuts than exp[...]
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US businessman among bidders for bankrupt German mall chain, WiWo reports
BERLIN (Reuters) – The investment firm of US businessman Richard Baker (NRDC) is among the two remaining bidders for Germany’s most prominent department store chain Galeria Karstadt Kaufho[...]
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