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UK fresh food prices surge 15% in year to December: BRC
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Euro zone recession may not be as deep as expected -PMI
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Dollar jumps, U.S. stocks buck global rally
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Apple’s stock market value falls below $2 trillion
Choosing the right university is more than just deciding on the subject to study
Date: January 4, 2023
By Fiona McKenzie, Head of Education at Carfax Education In the coming months, as many as 400,000 students from the 2023 cohort will attend university ‘Open Days’ to select their top choices from thousands of full-time undergraduate degree courses offered at almost 300 UK institutions. However, even when an applicant is confident about the subject they...
Inflation drives Britain’s record Christmas grocery sales
Date: January 4, 2023
By James Davey LONDON (Reuters) – British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in the four weeks to Dec. 25, though growth was driven by price inflation rather than increased purchasing, market researcher Kantar said on Wednesday. It said sales measured by volume, or the amount people bought, fell...
Decline in German services sector eases, raising hopes for milder recession -PMI
Date: January 4, 2023
BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though a slower pace of decline in activity adds to hopes of a milder-than-expected recession, a survey showed on Wednesday. S&P Global’s final services Purchasing Managers’ Index (PMI) rose to 49.2 from 46.1 in November. That marks...
Former astronaut Cunningham, member of first crewed Apollo flight, dies at age 90
Date: January 4, 2023
By Katharine Jackson and Steve Gorman WASHINGTON (Reuters) -Former U.S. astronaut Walter Cunningham, who flew to space aboard Apollo 7 in 1968 on the inaugural crewed Apollo mission that paved the way for the first human moon landing nine months later, died on Tuesday at age 90, NASA said. Cunningham joined crewmates Walter Schirra and...
Britain says it is committed to leading a NATO task force in 2024
Date: January 4, 2023
(Reuters) -Britain said on Tuesday it was committed to leading a NATO task force in 2024, dismissing a report by Berlin-based Table.Media that British delays had prompted the German defence ministry to look into extending its leadership beyond 2023. “The UK is ready to honour our commitment to lead NATO’s Very High Readiness Joint Task...
Rivian stock less bruised than Tesla as both miss EV targets
Date: January 4, 2023
By Paul Lienert and Akash Sriram (Reuters) – Electric vehicle maker Rivian Automotive barely missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday. Before the Securities and Exchange Commission released the filing, Rivian’s shares closed down nearly 6% to $17.34, but saw little movement in...