BERLIN (Reuters) – Lower revenues from oil and gas exports will significantly widen Russia’s budget shortfall this year, according to an analysis from the European ratings agency Scope obtained by…
FRANKFURT (Reuters) -The European Central Bank made a loss last year as its own interest rate increases forced it to write down the value of some bonds and fork out…
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Wednesday largely stuck to the view the central bank will keep raising rates a quarter of a…
MOSCOW (Reuters) – Consumer prices in Russia rose at a slower pace over the last week, data from the state statistics service Rosstat showed on Wednesday, easing inflationary concerns flagged…
TOKYO (Reuters) – Japan’s business-to-business services prices rose 1.6% in January from a year earlier, much slower than a 9.5% jump in wholesale goods prices, a sign the recent pick-up…
JOHANNESBURG (Reuters) – South Africa’s biggest food producer Tiger Brands said on Tuesday its four-month revenue to end January rose 17% year-on-year as it raised prices to manage soaring input…
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -The world’s biggest food group Nestle will lift prices again this year, Chief Executive Mark Schneider said on Thursday, after more costly…
By Arathy Somasekhar HOUSTON (Reuters) – A rout in natural gas prices will hurt first-quarter earnings and cash flows at gas producers as hedges – the industry’s version of price…
BERLIN (Reuters) – Germany’s wholesale price index rose in January compared with the same month last year, according to data released on Tuesday. Wholesale prices increased by 10.6% on the…
(Reuters) – Lucid Group said on Thursday that customers will get a $7,500 credit on buying certain variants of the Air luxury electric car, revving up a price war started…
By Richa Naidu LONDON (Reuters) – Shoppers around the world will pay even more for groceries this year than they did in 2022, according to retailers, consumer goods firms and…
FRANKFURT (Reuters) – Euro zone consumer expectations for inflation edged up again in December, a European Central Bank survey showed on Tuesday, indicating that recent interest rate hikes and falling…
(Reuters) – South African petrochemical group Sasol said on Tuesday it expects its half-year profit to double, driven by strong oil prices and despite operational challenges in its domestic unit.…
(Reuters) – AMC Entertainment Holdings will start selling tickets at different prices based on the location of the seat in a auditorium, the theater chain operator said on Monday. Theater…
SYDNEY (Reuters) – Australian retail sales volumes fell for the first time in a year last quarter as shoppers trimmed spending on goods, a sign higher borrowing costs are finally…
FRANKFURT (Reuters) – Euro zone companies expect to slow the pace of price increases this year as their outlook for costs and demand becomes less clear, a survey by the…
By Swati Verma and Noah Browning (Reuters) – The European Union’s ban on imports of Russian refined oil products, including diesel and jet fuel, will disrupt global flows once it…
(Reuters) -Executives at auto parts supplier Aptiv Plc said on Thursday they do not yet see a surge in electric vehicle (EV) production after recent price cuts by its client…
SHANGHAI (Reuters) – Tesla plans to step up output at its Shanghai plant over the next two months to meet demand ignited by aggressive price cuts on its best-selling models,…
MOSCOW (Reuters) – Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held below an international price cap, according to…
By Joseph White and Paul Lienert DETROIT (Reuters) – General Motors Chief Executive Mary Barra is betting that moving more slowly than Tesla or Ford to accelerate electric vehicle production…
WASHINGTON (Reuters) – U.S. single-family home price growth cooled further in November, surveys showed on Tuesday, which together with declining mortgage rates could help to slow the housing market’s slide…
Here’s How Elon Musk Started An Electric Vehicle Price War John Hugh DeMastri on January 30, 2023 Ford has cut the price of its flagship Mustang Mach-E electric vehicles in…
By Leika Kihara TOKYO (Reuters) – The Bank of Japan could consider steps to allow bond yields to move more flexibly even before inflation durably hits its 2% target, the…
By Kate Abnett BRUSSELS/AMSTERDAM (Reuters) -The European Union’s gas price cap, which launches next month, could impact financial stability and potentially curb liquidity in Europe’s exchange-traded gas markets, the bloc’s…