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BoE’s Greene: Investors have missed ‘higher for longer’ message
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Iraq becomes EBRD shareholder, Senegal and Ghana apply to join
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UK lenders step up mortgage price battle as inflation slows
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European companies exploring ways to boost rare metal supply
Dollar gains after U.S. retail sales fall less than expected
Date: November 15, 2023
Dollar gains after U.S. retail sales fall less than expected By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar gained on Wednesday after U.S. retail sales fell less than expected in October, bouncing off its biggest drop in a year the previous day when cooler U.S. inflation data added to expectations that the...
UK’s Hunt readies growth plan after fall in inflation
Date: November 15, 2023
UK’s Hunt readies growth plan after fall in inflation By William Schomberg and David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt will change gear next week to focus on boosting growth ahead of an expected 2024 election, after a sharp drop in inflation allowed him to declare victory on one of Prime Minister...
Factbox-What you need to know about Ampere, Renault’s EV unit
Date: November 15, 2023
Factbox-What you need to know about Ampere, Renault’s EV unit PARIS (Reuters) -French car maker Renault is holding an investor day for its electric vehicle unit Ampere, which was carved out from Renault’s other operations on Nov. 1 and is set for a market listing next year. Having pioneered the market for first-generation electric vehicles...
Giorgio Armani fashions his own legacy with succession plan
Date: November 15, 2023
Giorgio Armani fashions his own legacy with succession plan By Elisa Anzolin MILAN (Reuters) – Giorgio Armani has always kept a tight grip on the firm he founded, and the Italian fashion king’s attention to detail extends to clear rules on how it should be run after his death. Armani, 89, remains CEO and effectively...
Asia stocks jump as US inflation recedes, China data surprises
Date: November 15, 2023
Asia stocks jump as US inflation recedes, China data surprises By Tom Westbrook SINGAPORE (Reuters) – Asian stocks surged to two-month highs on Wednesday in anticipation of stimulus in China and an end to rate hikes in the United States, while the dollar nursed steep losses suffered in the wake of a benign U.S. inflation...
Indonesia hosts regional defence chiefs amid multiple global crises
Date: November 15, 2023
Indonesia hosts regional defence chiefs amid multiple global crises By Stanley Widianto and Ananda Teresia JAKARTA (Reuters) -Defence ministers in ASEAN called for an immediate ceasefire in Gaza and a durable solution to the crisis in Myanmar during the opening of a regional meeting in Jakarta on Wednesday. Defence ministers from the Asian bloc are...