BoE’s Mann: Falling headline inflation, high core, make policy difficult
WASHINGTON (Reuters) – Falling energy prices will lower headline inflation towards the Bank of England’s 2% target, but persistent underlying inflation will make it hard for the Bank of England to set…
Spanish core inflation at its highest since 1995, INE says
(Reuters) – Spanish national consumer prices rose 8.7% year-on-year in May, up from 8.3% in April, with core inflation hitting its highest since 1995, official data showed on Friday. The National Statistics…
Used-car retailer Carvana sees significant core earnings for 2023
(Reuters) – Carvana Co on Friday forecast significant core earnings for 2023, as the online used-car retailer spelled out plans to rein in spending on advertising, expansion and other areas to offset…
Brake maker Brembo says order book full as core earnings climb
(Reuters) – Brake maker Brembo has a full order book and all of its plants are running at full capacity, apart from those in China due to a COVID-19 lockdown, its executive…
Egypt’s core inflation at 11.9% yr/yr in April vs 10.1% pct in March – central bank
CAIRO – Egypt’s core inflation increased to 11.9% year on year in April from 10.1% in March, data from the central bank showed on Tuesday. (Reporting by Yasmin Hussein; Editing by Jan…
EDF first-quarter sales jump but core profit outlook capped by outages
PARIS – French state-owned utility EDF’s first-quarter sales jumped 61% to 35.58 billion euros ($37.40 billion) on the back of higher power and gas prices but the firm was cautious about its…
CORE DEVELOPMENT GROUP CELEBRATES 10 YEARS IN BUSINESS, LOOKING TO INSPIRE CLEAN ENERGY FOR YEARS TO COME
Core Development Group (coredevusa.com) celebrates 10 years in business providing commercial solar, battery, EV chargers Tweet this For the last decade, Core Development Group has been supporting businesses towards a clean energy…
Easing energy costs curb Spanish April price rises but core inflation jumps
MADRID – Easing energy prices helped lower Spanish 12-month inflation to 8.4% in April from March’s near 40-year high, preliminary data showed on Thursday, although core inflation, which strips out more volatile…
Singapore March core inflation rises at fastest pace in a decade
SINGAPORE – Singapore’s key consumer price gauge rose in March by its fastest pace in a decade, outpacing economist forecasts, driven by higher inflation for food and services, official data showed on…
ECB expects core inflation to fade as energy prices level off: Lane
FRANKFURT – Much of the underlying inflation in the euro zone is a factor of high energy prices and will likely fade over time as fuel costs off, European Central Bank chief…
Mexico inflation advances quicker than forecast, core prices stir concern
MEXICO CITY – Inflation in Mexico accelerated faster than expected in February, official data showed, with underlying price pressures hitting their highest level in over two decades, feeding expectations the central bank…
French company Thales’ annual core profits rise 32%
PARIS – Thales posted a 32% rise in operating income and record cashflow, as Europe’s largest defence electronics company swung back into the black in its aerospace business and saw higher margins…
Australia’s Core Lithium enters into supply deal with Tesla, shares jump
– Australia’s Core Lithium Ltd on Wednesday entered into an agreement with Tesla Inc to supply the U.S. electric car maker with lithium spodumene, sending its shares up 13% in early trading.…
U.S. core capital goods orders, shipments increase solidly in January
WASHINGTON – New orders for U.S.-made capital goods increased more than expected in January, while shipments surged, suggesting an acceleration in business spending on equipment early in the first quarter, though inflation…
Mexico core price inflation at 20-year high, underscoring central bank challenges
MEXICO CITY – Mexican core price inflation in the first half of February climbed to levels not seen in over 20 years, according to official data published on Thursday, underscoring the challenges…
Deutsche Telekom core profit, revenue beat estimates
STOCKHOLM/BERLIN – Deutsche Telekom reported quarterly core profit and revenue above market estimates on Thursday, boosted by its U.S. unit, T-Mobile along with growth in European business. Adjusted earnings before interest, tax,…
Tokyo’s core consumer inflation seen picking up in February – Reuters poll
TOKYO – Core consumer prices in Tokyo likely rose in February at a faster rate than in the previous month on surging fuel costs, underlining the prospect of price pressures picking up…
U.S. core capital good orders unchanged in December
WASHINGTON – New orders for U.S.-made capital goods were unexpectedly unchanged in December, suggesting a loss of momentum in business spending on equipment amid shortages. The Commerce Department said on Thursday that…
Lonza’s full-year core EBITDA up 20.7% on vaccine demand
By Ludwig Burger -Swiss drug contract manufacturer Lonza said core earnings gained 20.7% in 2021, shored up by demand for the substances it supplies for new mRNA COVID-19 vaccines. Full-year core earnings…
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