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Top StoriesBig Companies Toughen Banking Partner Screening After Crisis – Survey
Top StoriesFood Prices Squeeze Consumers in June, Hot Weather Boosts Summer Spending: Brc
Top StoriesEuro Zone Consumers See Lower Inflation Ahead – ECB Poll
Top StoriesUK Year-Ahead Inflation Expectations Rise to 5%: Citi/YouGov
German Business Sentiment Points to Likelihood of Longer Recession
Date: June 26, 2023
German business sentiment points to likelihood of longer recession BERLIN (Reuters) -German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating that Europe’s largest economy faces an uphill battle to shake off recession. The Ifo institute said its business climate index fell to 88.5 this month from 91.5...
European Shares Set for Worst Week in Three Months, Siemens Energy Plunges
Date: June 23, 2023
European shares set for worst week in three months, Siemens Energy plunges By Shreyashi Sanyal (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views that interest rates could stay higher for longer, while shares of Siemens Energy plunged as it withdrew its annual profit outlook. The...
UK Manufacturers See Lowest Inflation Since Feb 2021 – Cbi
Date: June 21, 2023
UK manufacturers see lowest inflation since Feb 2021 – CBI LONDON (Reuters) – British manufacturers expect to raise prices by the smallest amount since February 2021 over the next three months although price increases will still be much faster than their long-run average, a survey showed on Wednesday. The Confederation of British Industry (CBI) said...
Singapore Tops List of Costliest Cities for Goods, Services Aimed at the Wealthy
Date: June 20, 2023
Singapore tops list of costliest cities for goods, services aimed at the wealthy SINGAPORE (Reuters) – Singapore for the first time became the most expensive city for goods and services for wealthy people, overtaking Hong Kong, London and New York, according to a report on Tuesday. Cars and essential health insurance in Singapore are 133%...
‘Great Resignation’ Continues as Quarter of Workers Look to Change Jobs – PwC
Date: June 20, 2023
‘Great Resignation’ continues as quarter of workers look to change jobs – PwC By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from 19% last year, as they are increasingly left cash-strapped in a cooling economy while dealing with inflationary pressures....
Two-Speed Economy in Sweden, Central Bank Business Survey Shows
Date: June 9, 2023
Two-speed economy in Sweden, central bank business survey shows STOCKHOLM (Reuters) – Sweden’s economy is split between export and manufacturing businesses which are doing well and retail-facing firms which are having a hard time, a regular survey by the central bank showed on Friday. “The business sector is clearly divided, both in terms of its...