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Tag:

price

  • Business News

    Russian 2023 budget deficit to widen as price caps take effect – Scope

    by Reuters February 24, 2023
    by Reuters February 24, 2023

    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 …

  • Business News

    ECB posts loss as it pays price for its own rate hikes

    by Reuters February 23, 2023
    by Reuters February 23, 2023

    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 …

  • Business News

    Fed funds futures contracts price in further quarter-point hikes

    by Reuters February 22, 2023
    by Reuters February 22, 2023

    (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 …

  • Business News

    Russian weekly consumer price growth slowed in mid-Feb

    by Reuters February 22, 2023
    by Reuters February 22, 2023

    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 …

  • Business News

    Japan’s modest business services price rise highlights dilemma for central bank

    by Reuters February 21, 2023
    by Reuters February 21, 2023

    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 …

  • Business News

    South Africa’s Tiger Brands grows sales after price hikes

    by Reuters February 21, 2023
    by Reuters February 21, 2023

    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 …

  • Business NewsTop HeadlinesTrending News

    Nestle plans price hikes after costs eat into profits

    by Reuters February 16, 2023
    by Reuters February 16, 2023

    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 …

  • Business News

    U.S. gas producers skimped on price hedges and now face a reckoning

    by Reuters February 14, 2023
    by Reuters February 14, 2023

    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 …

  • Business News

    German wholesale price index up 10.6% y/y in January

    by Reuters February 14, 2023
    by Reuters February 14, 2023

    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 …

  • Business News

    Lucid joins Tesla-led EV price war with discounts on some Air models

    by Reuters February 9, 2023
    by Reuters February 9, 2023

    (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 …

  • Business News

    Shoppers to face fresh price hikes as stores, suppliers pass on costs

    by Reuters February 8, 2023
    by Reuters February 8, 2023

    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 …

  • Business News

    ECB survey shows rising inflation expectations despite energy price falls

    by Reuters February 7, 2023
    by Reuters February 7, 2023

    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 …

  • Business News

    S. Africa’s Sasol expects HY profit to double on higher oil price

    by Reuters February 7, 2023
    by Reuters February 7, 2023

    (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. …

  • Business News

    AMC to price movie tickets based on seating

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    (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 …

  • Business News

    Australia retail sales volumes dip in Q4, price growth slows

    by Reuters February 5, 2023
    by Reuters February 5, 2023

    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 …

  • Business News

    Euro zone companies to slow price increases this year, ECB poll shows

    by Reuters February 3, 2023
    by Reuters February 3, 2023

    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 …

  • Business News

    Price cap on Russian refined fuels set to disrupt trade

    by Reuters February 2, 2023
    by Reuters February 2, 2023

    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 …

  • Business News

    Aptiv says no EV production surge yet after price cuts

    by Reuters February 2, 2023
    by Reuters February 2, 2023

    (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 …

  • Business News

    Exclusive-Tesla to raise Shanghai output after price cuts stoke demand -memo

    by Reuters February 1, 2023
    by Reuters February 1, 2023

    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, …

  • Business News

    Western tankers ramp up Russian oil shipments under price cap

    by Reuters January 31, 2023
    by Reuters January 31, 2023

    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 …

  • Business News

    Analysis-GM goes slow on EVs as rivals fight a price war

    by Reuters January 31, 2023
    by Reuters January 31, 2023

    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 …

  • Business News

    U.S. house price inflation slows further in November

    by Reuters January 31, 2023
    by Reuters January 31, 2023

    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 …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Here’s How Elon Musk Started An Electric Vehicle Price War

    by The Daily Caller January 30, 2023
    by The Daily Caller January 30, 2023

    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 …

  • Business News

    IMF says BOJ could enhance yield flexibility before price goal met

    by Reuters January 26, 2023
    by Reuters January 26, 2023

    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 …

  • Business News

    EU gas price cap risks curbing market liquidity, regulators warn

    by Reuters January 23, 2023
    by Reuters January 23, 2023

    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 …

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