Wealth Growth Daily

Politics

Russian banker Kostin says the end of U.S. dollar dominance is nigh

BY Reuters  • June 13, 2023June 13, 2023
By Guy Faulconbridge and Elena Fabrichnaya MOSCOW (Reuters) -The end of the dominance of the U.S. dollar is nigh as the Chinese yuan rises and the rest of the world sees the peril of the West’s[...]
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Asia Business Economy Europe Politics Updated US

Germany’s photovoltaic system demand set for double-digit growth this year, lobby says

BY Reuters  • June 13, 2023June 13, 2023
BERLIN (Reuters) – German demand for photovoltaic power systems is expected to grow at a double-digit rate this year with solar storage system installations by mid-year topping 2022’s tota[...]
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Business Economy Europe Politics Updated

Countdown to mega merger – how Credit Suisse wobbled and UBS rushed to rescue

BY Reuters  • June 12, 2023June 12, 2023
ZURICH (Reuters) – UBS Group’s takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking crisis, became official on Monday. The closing of the tie-up mark[...]
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Business Economy Europe Politics UK Updated US

Denmark looks to curb collection of data on children by Big Tech

BY Reuters  • June 12, 2023June 12, 2023
COPENHAGEN (Reuters) – Denmark aims to raise the age limit for the collection of personal data from children by tech giants such as Google, Snapchat and Meta, in a bid to curb the massive accumu[...]
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Business Economy Europe Politics Technology Updated US

Oreo-maker Mondelez faces Nordic backlash over Russia business

BY Reuters  • June 12, 2023June 12, 2023
By Terje Solsvik OSLO (Reuters) -Mondelez International, facing a widening corporate boycott in the Nordic region over its presence in Russia will meet with Norwegian government representatives this w[...]
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Business Economy Europe Politics Updated US

Explainer-How France secured a fall in food prices

BY Reuters  • June 12, 2023June 12, 2023
By Sybille de La Hamaide PARIS (Reuters) – French Finance Minister Bruno Le Maire said last week he had secured a pledge from 75 top food companies to cut prices on hundreds of products next mon[...]
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Business Economy Europe Politics Top News

Explainer-Why is the Canadian economy strong despite record pace of rate hikes?

BY Reuters  • June 12, 2023June 12, 2023
By Steve Scherer OTTAWA (Reuters) – Despite the fastest monetary tightening cycle in the country’s history, Canada’s economy is still running hot, which forced the central bank to cr[...]
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Business Canada Economy Politics Updated

UK PM Sunak pitches Britain as future home for AI regulation

BY Reuters  • June 12, 2023June 12, 2023
LONDON (Reuters) -Prime Minister Rishi Sunak said on Monday Britain could be the global home of artificial intelligence regulation as he pitched London as a tech hub to industry leaders and urged them[...]
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Business Economy Europe Politics Science Technology Top News UK Updated

Factbox-Credit Suisse arrivals and departures after UBS seals takeover

BY Reuters  • June 12, 2023June 12, 2023
ZURICH (Reuters) – UBS followed up the announcement it had closed the takeover of stricken rival Credit Suisse on Monday with a raft of management changes. Here are the highlights: OUT Leaving t[...]
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Asia Business Economy Europe Politics UK
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