top-stories
Top Stories
Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag
Top Stories
Intelsat, SES end merger talks – source
Top Stories
Oil rallies as grain markets tighten, dollar falls on Fed Chair comments
Top Stories
Factbox-Aviation emissions targets in focus at Paris Airshow
UK manufacturers see lowest inflation since Feb 2021 – CBI
Date: June 21, 2023
UK manufacturers see lowest inflation since Feb 2021 – CBI LONDON (Reuters) – British manufacturers expect to raise prices by the smallest amount since February 2021 over the next three months although price increases will still be much faster than their long-run average, a survey showed on Wednesday. The Confederation of British Industry (CBI) said...
German recession will be sharper than expected: Ifo
Date: June 21, 2023
German recession will be sharper than expected: Ifo BERLIN (Reuters) -The German economy will contract more than previously expected this year as sticky inflation takes its toll on private consumption, the Ifo Institute said on Wednesday while presenting its forecasts. “The German economy is only very slowly working its way out of the recession,” Ifo’s...
UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh
Date: June 21, 2023
UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh By Suban Abdulla and Aby Jose Koilparambil (Reuters) -British high-end housebuilder Berkeley on Wednesday forecast a 20% drop in sales for the fiscal year that began on May 1, as demand suffers from rising interest rates and tough trading conditions due to...
UK’s Halfords expects pricing efforts to drive profits
Date: June 21, 2023
UK’s Halfords expects pricing efforts to drive profits By Sarah Young LONDON (Reuters) -Halfords forecast profit would rise 3% in its current financial year, saying its efforts to keep prices low should help it to retain customers squeezed by inflation that limits their power to spend on bikes and motoring. British inflation held at 8.7%...
European car sales rise in May – ACEA
Date: June 21, 2023
European car sales rise in May – ACEA BERLIN (Reuters) – European new car registrations increased in May, data from the region’s carmaker association showed on Wednesday. The number of new vehicles registered that month in the European Union, Britain and the European Free Trade Association (EFTA) grew by 18.2% to 1.12 million units year...
Factbox – Graphite producers doing deals with automakers and battery groups
Date: June 21, 2023
Factbox – Graphite producers doing deals with automakers and battery groups LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand for electric vehicle (EV) batteries outpaces other uses. Below are details of some Western companies producing, or planning to produce graphite, and their deals...