Costs

STOCKHOLM (Reuters) – IKEA franchiser Inter IKEA posted a 45% fall in pre-tax profit for the year through August to 931 million euros ($908 million) as it passed on some, …

PARIS (Reuters) – BNP Paribas, the euro zone’s biggest lender, posted a higher than expected net profit in the third quarter, with trading revenues helping offset rising costs and markdowns …

(Reuters) – Insurer American International Group Inc on Tuesday reported a more than 39% decline in quarterly profit as investment income fell by more than $1 billion and losses from …

OSLO (Reuters) – Crisis-hit airline SAS said on Tuesday it had reached agreements with two more lessors representing seven aircraft in the company’s fleet to amend the terms of existing …

KARACHI, Pakistan (Reuters) – Pakistan’s consumer inflation accelerated in October to 26.6% from a year earlier, the statistics bureau said on Tuesday, with prices showing a rise of 4.7% from …

WASHINGTON (Reuters) – U.S. President Joe Biden on Monday will call on oil and gas companies to invest some of their record profits in lowering costs for American families, a …

Germany’s Defense Pledges Are Uncertain As Costs Of War Bite, Experts Say Micaela Burrow on October 30, 2022 Germany has become the fourth largest military supporter of Ukraine after the …

By Kylie Madry and Noe Torres MEXICO CITY (Reuters) – Mexican bottler and retailer Femsa posted a drop in third-quarter net profit on Friday to 10.75 billion pesos ($534.10 million), …

WASHINGTON (Reuters) – U.S. labor costs increased solidly in the third quarter, but private sector wage growth slowed considerably, suggesting inflation had either peaked or was close doing so. The …

BERLIN (Reuters) – Germany’s economic downturn deepened in October, the flash S&P Global composite purchasing managers’ index showed on Monday as its reading fell to 44.1 from 45.7 in September, …

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MEXICO CITY (Reuters) – Mexico’s craft beer industry should grow by over 10% this year, the country’s brewing association ACERMEX said on Friday, even as it faces sky-rocketing costs and …

By Nivedita Balu (Reuters) – Lyft Inc is increasing the service fee its U.S. riders pay directly to the company to cover higher insurance costs, the ride-hailing firm said. The …

By Steven Scheer and Maayan Lubell MODIIN, Israel (Reuters) – Israelis are as fed-up with soaring prices as they are with the country’s seemingly never ending elections. In the Nov. …

LONDON (Reuters) – The cost of insuring the debt of Credit Suisse against default rose on Wednesday, while its bonds and shares fell, after reports that the Swiss lender may …

SAO PAULO (Reuters) – Brazil’s consumer prices were in deflationary territory for the third month in a row in September, data from government statistics agency IBGE showed on Tuesday, still …

LONDON (Reuters) – British house prices fell for the second time in three months in September in month-on-month terms and rising borrowing costs are likely to exert “more significant downward …

Food prices in America are continuing to climb, and those price hikes are going to hit the pockets of Americans when it comes to celebrating Thanksgiving with a family feast …

STOCKHOLM (Reuters) -Crisis-hit airline SAS said on Wednesday it had reached agreements with 10 of its lessors representing 36 aircraft to amend the terms of existing lease contracts. The Scandinavian …

During a weekly press conference, Speaker of the House Nancy Pelosi touted the Democrat controlled Congress’ achievements during the recent legislative session. Pelosi credited her party with delivering lower costs …

By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) – Colombia’s central bank board raised the benchmark interest rate by 100 basis points to 10% on Thursday, as inflation pressures and …

(Reuters) – Mitchells & Butlers warned of tighter margins in its new financial year as costs rise, driving shares in the British pub operator to two-year lows. Energy and utility …

(Reuters) – Slovakia’s Prime Minister Eduard Heger said that soaring electricity costs had left the country’s economy at risk of “collapse”, the Financial Times reported on Wednesday. Heger said that …

WASHINGTON (Reuters) – U.S. President Joe Biden on Monday urged companies running gas stations, banks and cell phone services to lower costs for consumers coping with inflation. During a White …