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Nestle misses nine-month sales estimates, expects volume upturn by year-end
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Wall Street rallies, Treasury yields rise as high profile earnings loom
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Bank of England to review how it stress tests banks
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‘Greedy beast’ of inflation not yet defeated, Bundesbank chief says
Euro zone economy likely contracted in Q3 amid waning demand
Date: October 4, 2023
Euro zone economy likely contracted in Q3 amid waning demand By Jonathan Cable LONDON (Reuters) – The euro zone economy probably shrank last quarter, according to a survey which showed demand fell in September at the fastest pace in almost three years as indebted consumers reined in spending in the face of rising borrowing costs...
Global bond rout deepens before receding on relief rally
Date: October 4, 2023
Global bond rout deepens before receding on relief rally By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -A rout in government bond markets deepened on Wednesday with benchmark U.S. yields hitting fresh 16-year highs as investors bet that persistently high interest rates will slow world growth and dampen the appetite for riskier assets. Treasury...
STOXX 600 sinks to six-month low on higher bond yields
Date: October 2, 2023
STOXX 600 sinks to six-month low on higher bond yields By Sruthi Shankar, Shristi Achar A and Siddarth S (Reuters) -European stocks kicked off the final quarter on a negative note as higher bond yields pressured equities and as data showed factory activity in the euro zone remained in a broad-based downturn. The pan-European STOXX...
EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs
Date: September 13, 2023
EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission launched an investigation on Wednesday into whether to impose punitive tariffs to protect European Union producers against cheaper Chinese electric vehicle (EV) imports it says are benefiting from state subsidies. “Global markets are now flooded with cheaper...
Boeing deliveries decrease in August as it wrestles with manufacturing defect
Date: September 12, 2023
Boeing deliveries decrease in August as it wrestles with manufacturing defect By Valerie Insinna WASHINGTON (Reuters) – Boeing delivered 35 planes in August, its lowest number since April, as it struggles with time-consuming work needed to correct a manufacturing defect on the bestselling 737 MAX. Overall, the company has handed over 344 planes to customers...
Top Car Brands
Date: August 30, 2023
Top Car Brands In a world where mobility is essential, car brands play a pivotal role in shaping the way we move, live, and connect. The automotive industry is a dynamic landscape, influenced by consumer preferences, technological advancements, and market dynamics. This article explores the significance of top car brands in the global automotive market,...