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Tag:

price

  • Business News

    Corona beer maker Constellation sees 2024 profit above estimates on price hikes

    by Reuters April 6, 2023
    by Reuters April 6, 2023

    (Reuters) – Constellation Brands Inc forecast full-year profit above Wall Street estimates on Thursday, benefiting from price increases aimed at combating elevated costs and strong demand for its high-end beer …

  • Business News

    Colombia’s peso to stay weak on central bank pause signs, mismatch vs oil price – Reuters poll

    by Reuters April 5, 2023
    by Reuters April 5, 2023

    By Gabriel Burin BUENOS AIRES (Reuters) – Colombia’s peso will likely stay weak on signs the central bank is turning to a wait-and-see approach on interest rates, combined with downside …

  • Business News

    Explainer-Oil price surge changes ECB narrative only at the margins

    by Reuters April 3, 2023
    by Reuters April 3, 2023

    FRANKFURT (Reuters) – An oil production target cut announced by some of the world’s top exporters is bad news for the European Central Bank as it tries to bring down …

  • Business News

    Tesla’s price war: cheaper cars expected to drive record sales

    by Reuters March 31, 2023
    by Reuters March 31, 2023

    By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) – Tesla Inc investors are waiting to see how much Elon Musk’s price cuts will pay off: the electric vehicle (EV) …

  • Business News

    Nestle sees price pressures easing -chairman tells newspaper

    by Reuters March 31, 2023
    by Reuters March 31, 2023

    ZURICH (Reuters) – Nestle is seeing an easing of price pressures stemming from raw materials, transport and packaging costs, said Chairman Paul Bulcke, adding that company would still increase prices. …

  • Business News

    Instant View: US Feb PCE price index shows inflation keeps cooling

    by Reuters March 31, 2023
    by Reuters March 31, 2023

    NEW YORK (Reuters) – U.S. consumer spending rose moderately in February, likely payback after surging the prior month, and while inflation showed signs of cooling it remained elevated, which could …

  • Business News

    Exclusive-Chinese lithium producers set price floor as demand evaporates -sources

    by Reuters March 31, 2023
    by Reuters March 31, 2023

    By Siyi Liu and Dominique Patton BEIJING (Reuters) -China’s top lithium producers agreed this week to set a floor price of 250,000 yuan ($36,380) per tonne of lithium carbonate, six …

  • Business News

    NY Fed finds broad retreat in Americans’ expected pace of home price increases

    by Reuters March 28, 2023
    by Reuters March 28, 2023

    By Michael S. Derby NEW YORK (Reuters) – Americans’ expectations for home price increases over the next year moderated sharply in a new report on the outlook for the housing …

  • Business News

    US annual house price growth slows further in January

    by Reuters March 28, 2023
    by Reuters March 28, 2023

    WASHINGTON (Reuters) – U.S. single-family home prices moderated further on an annual basis in January, which together with declining mortgage rates could pull buyers back into the housing market. The …

  • Business News

    Food prices push UK shop price inflation to new high: BRC

    by Reuters March 27, 2023
    by Reuters March 27, 2023

    LONDON (Reuters) – Soaring food prices pushed annual inflation in British shops to its highest in at least 18 years in March, industry data showed on Tuesday. The British Retail …

  • Business News

    Chinese lithium price dives in heated auto price war

    by Reuters March 23, 2023
    by Reuters March 23, 2023

    By Siyi Liu and Dominique Patton BEIJING (Reuters) – China’s lithium prices are plunging faster than expected this year, down 34% in the last four weeks alone, hit by a …

  • Business News

    Russia’s monthly producer price index rises for first time in 10 months

    by Reuters March 22, 2023
    by Reuters March 22, 2023

    MOSCOW (Reuters) – Costs in Russia’s manufacturing sector rose in February for the first time in 10 months, data from the state statistics service Rosstat showed on Wednesday, driven by …

  • Business News

    UK factory price expectations fall to lowest since March 2021 – CBI

    by Reuters March 22, 2023
    by Reuters March 22, 2023

    LONDON (Reuters) – A gauge of British manufacturers’ inflation expectations fell to its lowest in two years after output slid again in the three months to March, the Confederation of …

  • Business News

    Sri Lanka’s national consumer price inflation at 53.6% in Feb

    by Reuters March 21, 2023
    by Reuters March 21, 2023

    (Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) rose 53.6% in February on the year, after a rise of 53.2% in January, the statistics department of the debt-stricken country …

  • Business News

    Factbox-Goldman Sachs lowers oil price forecasts for 2023, 2024

    by Reuters March 20, 2023
    by Reuters March 20, 2023

    (Reuters) – Goldman Sachs lowered its crude price forecast for this year and 2024, citing a recent slump in oil prices due to banking stress, recession fears, and an exodus …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Staggering Price Tag, Logistical Hurdles Make Biden’s Climate Agenda A ‘Fool’s Errand,’ Report Says

    by The Daily Caller March 17, 2023
    by The Daily Caller March 17, 2023

    Staggering Price Tag, Logistical Hurdles Make Biden’s Climate Agenda A ‘Fool’s Errand,’ Report Says John Hugh DeMastri on March 17, 2023 It would cost nearly $50 trillion and require a …

  • Business News

    Nokian Tyres says sale of its Russia business could come at lower price

    by Reuters March 14, 2023
    by Reuters March 14, 2023

    HELSINKI (Reuters) – Nokian Tyres said on Tuesday it had been informed that Russia’s Governmental Commission on Monitoring Foreign Investment has approved the Finnish group’s sale of its Russian operations …

  • Business News

    Barclays cuts 2023 oil price forecasts on resilient Russian output

    by Reuters March 8, 2023
    by Reuters March 8, 2023

    (Reuters) – Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than expected, and said the market could flip into a …

  • Business News

    Taking Fed’s lead, UK investors fully price in BoE hike in March

    by Reuters March 8, 2023
    by Reuters March 8, 2023

    LONDON (Reuters) – British investors on Wednesday fully priced in a 0.25 percentage point increase in Bank of England interest rates at its March meeting, after the U.S. Federal Reserve …

  • US and World News

    U.S. State Dept spokesperson Price to step down after two years

    by Reuters March 7, 2023
    by Reuters March 7, 2023

    By Simon Lewis WASHINGTON (Reuters) – U.S. State Department spokesperson Ned Price will step down this month after more than two years and take up a new position reporting to …

  • Business News

    Kremlin says it does not recognise Western price cap on its oil

    by Reuters March 7, 2023
    by Reuters March 7, 2023

    (Reuters) – The Kremlin said on Tuesday that it did not recognise the price cap introduced by Western countries on its oil exports, after the United States said that the …

  • Business News

    EV maker Polestar’s Q4 loss narrows, won’t engage in price wars

    by Reuters March 2, 2023
    by Reuters March 2, 2023

    By Marie Mannes (Reuters) – Electric vehicle (EV) maker Polestar on Thursday posted a smaller quarterly loss, maintained its 2023 production outlook and said it would not engage in price …

  • Business News

    Modest Australia house price correction unfazed by rising rate expectations: Reuters Poll

    by Reuters March 1, 2023
    by Reuters March 1, 2023

    By Vivek Mishra and Devayani Sathyan BENGALURU (Reuters) – Expectations for a 16% fall in Australian home prices from their peak have held steady despite growing expectations over the past …

  • Business News

    U.S. house price inflation cools further in December

    by Reuters February 28, 2023
    by Reuters February 28, 2023

    WASHINGTON (Reuters) – U.S. single-family home prices in December increased at their slowest pace since the summer of 2020, surveys showed on Tuesday, but tight supply could limit an anticipated …

  • Business News

    Yellen says U.S. inflation fight ‘not a straight line’ after price rise data

    by Reuters February 25, 2023
    by Reuters February 25, 2023

    By David Lawder BENGALURU (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Saturday that new U.S. data showing inflation jumped unexpectedly in January signals that the fight against …

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