(Reuters) – Tesla Inc has slashed prices of its electric vehicles in the United States and Europe, doubling down on a discount drive it started in Asia as demand slows …
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Euro zone producer prices fall due to energy, as other goods rise
by Reutersby ReutersBRUSSELS (Reuters) – Euro zone producer prices fell by more than expected in January, although entirely due to falling energy prices as the charges for all other goods rose. EU …
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TORONTO (Reuters) – Home prices in the Greater Toronto Area (GTA) tracked the seasonal trend by rising in February from January but were down sharply on an annual basis as …
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U.S. home prices to fall 4.5% in 2023 despite higher rates: Reuters poll
by Reutersby ReutersBy Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) – U.S. home prices are forecast to decline modestly this year and by less than previously thought as demand has declined only …
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Netherlands changes inflation methodology to better reflect energy prices
by Reutersby ReutersAMSTERDAM (Reuters) – The Netherlands will change the way it measures energy prices paid by consumers in order to improve estimates of inflation in the euro zone’s fifth-largest economy, its …
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Blue State Is Imposing A New Climate Policy And Gas Prices Are Already Skyrocketing
Blue State Is Imposing A New Climate Policy And Gas Prices Are Already Skyrocketing John Hugh DeMastri on February 28, 2023 Gas prices in the state of Washington have surged …
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Canada home prices to drop 12% in 2023, still remain unaffordable for many: Reuters poll
by Reutersby ReutersBy Milounee Purohit BENGALURU (Reuters) – The drop in home prices in Canada this year will be steeper than forecast three months ago but mild compared with an historic run-up …
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ISTANBUL (Reuters) – Retail prices in Turkey’s largest city, Istanbul, rose 3.83% month-on-month in February for an annual increase of 78.62%, the Istanbul Chamber of Commerce (ITO) said on Wednesday. …
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SYDNEY (Reuters) – A measure of Australian consumer prices rose by less than expected in January thanks to a drop in the cost of travel, clothing and fruit and vegetables, …
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New Zealand home prices to fall over 20% from November 2021 peak: Reuters Poll
by Reutersby ReutersBy Devayani Sathyan BENGALURU (Reuters) – New Zealand house prices are set to fall further this year than previously thought, according to a Reuters poll of property analysts who forecast …
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Australia’s home prices almost steadied in Feb, too early to call end to downturn-CoreLogic
by Reutersby ReutersBy Stella Qiu SYDNEY(Reuters) – Australian home prices almost steadied in February as Sydney snapped a year-long losing streak, though analysts cautioned it was far too early to call an …
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Audi will not cut EV prices to follow Tesla’s lead – Audi Europe chief
by Reutersby ReutersBERLIN (Reuters) – Audi has no plans to cut prices for its electric vehicles, German industry magazine Automobilwoche cited Audi Europe chief Jens Puttfarcken as saying, despite a similar move …
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LONDON (Reuters) – Aluminium prices on the London Metal Exchange shrugged off a decision by the United States to impose steep tariffs on Russian metal on Friday, though traders said …
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Hong Kong home prices end seven-month decline with 0.6% rise in January
by Reutersby ReutersHONG KONG (Reuters) – Hong Kong private home prices edged up 0.6% in January from December, the first increase in seven months, official data showed on Friday, as reopening of …
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Egg prices will fall nearly 30% this year, U.S. farm agency says
by Reutersby ReutersBy Leah Douglas ARLINGTON, Va. (Reuters) – Having lingered near record highs for months, egg prices will fall dramatically this year provided the United States does not see a rebound …
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Falling gas costs, rising carbon prices spur change in fuel dynamics
by Reutersby ReutersPARIS (Reuters) – Falling gas prices over recent weeks have paired with rising coal and carbon costs to make European power generation from gas-fired power plants more economical, marking a …
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UK property asking prices show weakest February gain on record: Rightmove
by Reutersby ReutersBy Suban Abdulla LONDON (Reuters) – Average asking prices for British residential property rose by just 14 pounds ($17) in February from January, the smallest rise on record for a …
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Canada January producer prices up 0.4% on petroleum, primary metals
by Reutersby ReutersProducer prices in Canada rose by 0.4% in January from December on higher prices for refined petroleum energy products, as well as primary non-ferrous metal products, Statistics Canada said on …
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BERLIN (Reuters) – German producer prices rose more than expected in January, though the rate of increase eased for the fourth month in a row, signalling that inflation in Europe’s …
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SHANGHAI (Reuters) – Tesla raised prices of performance and long-range versions of its Model Y mid-size sport utility vehicles (SUV) in China on Friday, according to its Chinese website. The …
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U.S. lawmakers seek answers from egg companies on record-high prices
by Reutersby ReutersBy Leah Douglas (Reuters) – Two U.S. lawmakers have sent letters to the country’s top egg companies seeking answers for why egg prices have ballooned to record highs in recent …
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Paramount to raise streaming prices as ad slump knocks revenue
by Reutersby ReutersBy Eva Mathews and Helen Coster (Reuters) -Paramount Global Inc will raise prices for its flagship streaming service in some markets this year, the CBS network owner said on Thursday, …
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Major Coca-Cola bottler warns prices, glass costs will rise further
by Reutersby ReutersBy Richa Naidu LONDON (Reuters) – Coca-Cola Europacific Partners told Reuters on Thursday it expects to hike prices further, and said glass costs would rise by the “mid-teen to low …
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LONDON (Reuters) -British house prices rose by 9.8% year-on-year in December compared with the same month in 2021, the office for National statistics (ONS) said on Wednesday. The increase was …
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Out of lockdown, Kmart pushes Australia’s Wesfarmers to higher profit
by Reutersby ReutersBy Byron Kaye and Roushni Nair (Reuters) -Australia’s biggest listed conglomerate Wesfarmers Ltd booked a better-than-expected interim profit as a post-lockdown rebound at its Kmart chain offset a sluggish performance …