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Ambulance workers to strike, further disrupting UK health service
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Leading US Brand Johnsonville Announces Results of First Intrinsic In-Game Ad Campaign with GumGum and Frameplay
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EU sets recycling, reuse targets to cut packaging waste
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BYD set to be China’s top-selling car brand for Nov, Tesla gains -data
Portugal’s Q3 growth accelerates with consumption but future not shining
Date: November 30, 2022
By Sergio Goncalves LISBON (Reuters) – Portugal’s economy expanded 0.4% in the third quarter from 0.1% in the previous quarter, boosted by higher private consumption despite inflation at three-decade highs, but exports and investment are now faltering, official data showed on Wednesday. In its second reading of gross domestic product, the National Institute of Statistics...
FTX collapse shows urgent need to finalise EU crypto rules, says European Commission
Date: November 30, 2022
By Huw Jones LONDON (Reuters) -The “questionable practices” at now collapsed crypto exchange FTX would not have been allowed to happen under European Union rules that need to be finalised urgently, a senior European Commission official said on Wednesday. The crash in bitcoin led to a “crypto winter”, which saw the collapse of crypto exchange...
World stocks upbeat on hopes for China re-opening, inflation peaking
Date: November 30, 2022
By Dhara Ranasinghe LONDON (Reuters) -World equity markets rallied on Wednesday lifted by hopes that inflation is peaking and a re-opening of China’s economy is near, with focus turning to U.S. Federal Reserve chief Jerome Powell who speaks later in the day. The pan-European STOXX 600 index rallied 0.7% higher after three straight sessions in...
Global stocks to grind higher, lacklustre year ahead: Reuters poll
Date: November 30, 2022
By Hari Kishan BENGALURU (Reuters) – The global economy needs to find a more solid footing before most stock markets break out of their torpor, according to market strategists polled by Reuters who have broadly cut their 2023 forecasts compared with three months ago. That may be a tall order, however, given major central banks...
Economic headwinds set to push oil below $100 in 2023: Reuters Poll
Date: November 30, 2022
By Seher Dareen (Reuters) – Brent oil prices will hold above the $100 level for the rest of 2022 as an impending EU ban on Russian oil sparks uncertainty over supply, but will tick lower next year as economic concerns prevail, a Reuters poll showed on Wednesday. A survey of 38 economists and analysts forecast...
Euro sags against sterling after euro zone inflation cools
Date: November 30, 2022
LONDON (Reuters) -The euro retreated against the pound on Wednesday after data showed euro zone inflation cooled off by more than expected in November, reinforcing the case for a slowdown in European Central Bank rate hikes next month. Consumer prices in the 19 countries sharing the euro grew by 10.0% after a 10.6% increase in...