Investing
Oil steadies as U.S. recession worries offset China recovery hopes
By Scott DiSavino NEW YORK (Reuters) -Oil prices were little changed on Wednesday after giving up ea...
18th January, 2023
economic growth
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Chocolate maker Lindt & Spruengli FY sales rise 8%, backs 2023 view
ZURICH (Reuters) – Lindt & Spruengli said on Tuesday that strong international sales helped organic...
17th January, 2023
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IMF says fragmentation could cost global economy up to 7% of GDP
WASHINGTON (Reuters) – A severe fragmentation of the global economy after decades of increasing econ...
16th January, 2023
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China’s trade tumbles sharply in Dec, clouds 2023 growth outlook
By Ellen Zhang and Joe Cash BEIJING (Reuters) – China’s exports shrank sharply in December as global...
13th January, 2023
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Logitech shares sink as it cuts sales outlook after weak quarter
ZURICH (Reuters) -Logitech International on Thursday reported lower earnings and sales between Octob...
12th January, 2023
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Lighting maker Signify cuts 2022 outlook again on China, business lighting
(Reuters) -Signify NV, the world’s biggest maker of lights, on Thursday again cut its full-year 2022...
12th January, 2023
Investing
European shares rise on bets of easing rate hikes; Direct Line plunges
By Bansari Mayur Kamdar (Reuters) – European shares advanced on Wednesday, buoyed by hopes of less a...
11th January, 2023
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Low use of shortened work hours points to mild German recession – Ifo
BERLIN (Reuters) – Low take up of a government-backed ‘Kurzarbeit’ shortened hours facility points t...
11th January, 2023
Finance
World Bank warns global economy could easily tip into recession in 2023
By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts on Tuesday t...
10th January, 2023
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Analysis-Central Europe’s path to lower inflation strewn with hazards
By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesda...
10th January, 2023
Trading
Dollar stabilises near seven-month lows
By Alun John SINGAPORE/LONDON (Reuters) – The dollar steadied near its softest in seven months again...
10th January, 2023
Investing
Greek economy to slow in 2023 as energy costs, Ukraine war hit spending -OECD
ATHENS (Reuters) -Greece’s economic growth is likely to slow to just 1.1% this year from a 5.1% clip...
10th January, 2023