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Scientists show how to turn lunar soil fertile for agriculture
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EU set to weaken new car, truck pollution rules
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M&S upbeat on Christmas in UK while Ahold flags US weakness
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Czech firm Bene Meat gets EU approval for lab-grown meat for pet food
ECB policymakers keen to cool euphoria over inflation drop
Date: November 9, 2023
ECB policymakers keen to cool euphoria over inflation drop By Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank needs to see further progress in dampening inflationary pressures, and companies along with governments need to chip in to prevent more policy tightening, ECB policymakers said on Wednesday. The ECB snapped a steak of ten straight...
German economy to recover only slightly in 2024 – experts group
Date: November 9, 2023
German economy to recover only slightly in 2024 – experts group BERLIN (Reuters) -The German economy will contract in 2023 and recover only slightly next year, according to the annual report of the German Council of Economic Experts published on Wednesday. Germany’s gross domestic product is expected to contract by 0.4% in 2023, according to...
Sterling drops, timing of BoE rate cuts in focus
Date: November 9, 2023
Sterling drops, timing of BoE rate cuts in focus LONDON (Reuters) – The pound weakened against the dollar and euro on Wednesday, as markets continued to digest remarks from the Bank of England’s chief economist that interest rate cuts could come around the middle of 2024. The pound was last down 0.4% against the dollar...
Meta to require disclosures for AI-created, altered political ads
Date: November 9, 2023
Meta to require disclosures for AI-created, altered political ads (Reuters) – Meta Platforms on Wednesday said come 2024, advertisers will have to disclose when artificial intelligence (AI) or other digital methods are used to alter or create political, social or election related advertisements on Facebook and Instagram. Meta, the world’s second-biggest platform for digital ads,...
Adidas says demand for Samba shoes far outstrips supply
Date: November 9, 2023
Adidas says demand for Samba shoes far outstrips supply By Helen Reid LONDON (Reuters) – Adidas struck an optimistic note on Wednesday, saying retailers are “visibly” more interested in its autumn/winter 2024 range as the German sportswear giant increases production of sneakers such as the Samba to meet high demand. CEO Bjorn Gulden, in the...
European shares slip on utilities drag; focus on economic data, earnings
Date: November 9, 2023
European shares slip on utilities drag; focus on economic data, earnings By Ankika Biswas (Reuters) -European shares edged lower on Wednesday, with utilities and financials taking the biggest hit, as investors assessed economic data and corporate earnings ahead of remarks from major central bank chiefs during the day. The pan-European STOXX 600 lost 0.2% by...