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EU commission approves delay in medical devices law to avert shortages
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Big fall in euro zone inflation offers little help for ECB
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Soccer-Former star Italy striker Vialli dies aged 58
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Euro zone economy sentiment rises in Dec, first time since start of Ukraine war
Biggest UK house price fall recorded since financial crisis
Date: January 6, 2023
By Andy Bruce LONDON (Reuters) – British house prices slid in December, capping the largest quarterly drop since the financial crisis more than 10 years ago, data from mortgage lender Halifax showed on Friday. The average house price fell by 1.5% month-on-month in December, following a 2.4% fall in November and marking the fourth consecutive...
World food prices hit record high in 2022
Date: January 6, 2023
By Sybille de La Hamaide PARIS (Reuters) -A surge in the cost of most food commodities last year, as the disruption caused by Russia’s invasion of Ukraine raised concerns of shortages, sent the U.N. food agency’s average price index to the highest level on record. The Food and Agriculture Organization’s (FAO) food price index, which...
Samsung’s quarterly profit plunges to 8-year low on demand slump
Date: January 6, 2023
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices. The dismal profit estimate by the world’s largest memory chip, smartphone and TV maker...
Frasers’ Hugo Boss exposure falls to $691 million
Date: January 6, 2023
LONDON (Reuters) – British sportswear retailer Frasers Group said on Friday its maximum exposure to German fashion house Hugo Boss had fallen to 580 million pounds ($691 million). Frasers, which was formerly called Sports Direct and is on a drive to move upmarket, said it now holds 3.9% of Hugo Boss stock directly and a...
Sodexo tops Q1 sales estimates as people return to offices
Date: January 6, 2023
(Reuters) -French caterer Sodexo on Friday beat market estimates for first-quarter sales, as a return to the workplace and other venues helped its On-site business surpass pre-pandemic levels, while price hikes also helped. Group sales came in at 6.33 billion euros ($6.65 billion) to top analysts’ consensus estimate of 6.17 billion euros, provided by the...
Japan, UK to sign reciprocal access agreement for military officers -Yomiuri
Date: January 6, 2023
TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida will sign a reciprocal access agreement for military officers with British counterpart Rishi Sunak next week, the Yomiuri newspaper reported on Friday. The agreement, which relaxes immigration controls for military officers, aims to strengthen security ties between the two countries to counter rising threats from Russia and...