Brazil food processor BRF widens net loss in Q3 on grain prices, chicken glut
By Ana Mano SAO PAULO (Reuters) -BRF SA, the Brazilian pork and poultry processor, widened its third-quarter loss from the year-ago period as it continued …
Prices
JBS’ Q3 profit plunges on low U.S. pork prices, beef margins and global chicken glut
By Ana Mano SAO PAULO (Reuters) – JBS SA, the world’s biggest meatpacker, reported an 86% drop in third-quarter net income compared to a year …
Asking prices of UK homes fall by most in five years – Rightmove
LONDON (Reuters) – Asking prices for homes in Britain have fallen at their fastest pace in five years for the time of year, property website …
Gulf bourses mixed as China pessimism offsets higher oil prices
By Md Manzer Hussain (Reuters) – Gulf stock markets put in a mixed performance on Sunday as higher oil prices were offset by worries of …
Argentina retail prices seen slipping under double digits in October
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s consumer prices likely rose by less than double digits in October, a Reuters poll showed on Friday, …
Peru cuts interest rate again as prices ease but recession lingers
By Marco Aquino LIMA (Reuters) – Peru’s central bank again lowered its benchmark interest rate by 25 basis points to 7.00% on Thursday, as the …
Henkel ups outlook for 2023 on back of strong prices
(Reuters) -German consumer goods company Henkel on Thursday slightly raised its guidance for the year, saying strong pricing helped third-quarter growth. The group raised the …
DAVID BLACKMON: Fear Factor Surrounding Oil Prices Has Vanished
DAVID BLACKMON: Fear Factor Surrounding Oil Prices Has Vanished David Blackmon on November 8, 2023 The price fear factor for crude oil rose following the …
Tesla raises prices on some refreshed long-range vehicles in China beginning Nov. 9
BEIJING (Reuters) – Tesla Inc on Thursday said it raised prices on its refreshed Model 3 and Model Y long-range vehicles in China, starting Nov. …
Marketmind: China prices – inflation or disinflation?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Attention in Asia on Wednesday …
US natgas prices drop 7% on record output, mild weather
(Reuters) – U.S. natural gas futures dropped about 7% to a one-week low on Monday on record output and forecasts for mild weather to continue …
Lucid cuts prices of electric sedans for limited time amid EV price wars
(Reuters) – Lucid Group cut prices of its Air range of luxury sedans earlier this week for a limited time ahead of the holiday season, …
Condom maker Church & Dwight lifts sales forecast again on steady demand, higher prices
(Reuters) – Church & Dwight lifted its annual net sales forecast for a third time this year on Friday, boosted by high prices as well …
Nutrien misses quarterly profit estimates as potash prices plummet
(Reuters) – Nutrien fell short of analysts’ estimates for third-quarter profit on Wednesday, as lower potash prices weighed on the world’s biggest fertilizer producer. Potash …
Albemarle quarterly profit drops, forecast cut on falling lithium prices
(Reuters) – Albemarle, the world’s largest producer of lithium, posted a 66% drop in quarterly profit on Wednesday and cut its annual forecast, citing slipping …
Australia rate risk grows as house prices jump and IMF chimes in
SYDNEY (Reuters) – Chances of an imminent hike in Australian interest rates grew on Wednesday after data showed house prices rebounding to near record highs …
Lower prices, oversupply to weigh on lithium miners
By Arunima Kumar (Reuters) – Albemarle Corp, the world’s largest producer of lithium, is expected to report lower quarterly profit as prices of the silvery-white …
Gas Prices Expected to Rise Again In New York and New Jersey Amid Global Increase
NEW YORK, NY – Just as gasoline prices have been coming down, you can expect prices at the pump across New York and New Jersey …
Hong Kong September home prices drop 1.7% to near 6.5-yr low
HONG KONG (Reuters) – Hong Kong private home prices dropped 1.7% in September to the lowest since April 2017, official data showed on Friday, as …
Dow forecasts downbeat Q4 net sales on low prices, weak demand
By Saikeerthi . (Reuters) – Dow Inc forecast average net sales for the current quarter below analyst estimates on Tuesday, as the chemical maker continues …
Fisker adjusts prices as EV market sees signs of demand slowdown
(Reuters) – Fisker cut prices of its high-end Ocean Extreme SUV on Monday, while raising prices on two lower-priced variants, as the firm grapples with …
Treasury selloff will end in Q4 as oil prices spike -Goldman Sachs
By David Randall NEW YORK (Reuters) – A slowdown in the U.S. economy over the remainder of the year due to higher oil prices and …
German wholesale prices fall for sixth month in a row
BERLIN (Reuters) – German wholesale prices fell for the sixth month in a row in September due to lower prices for mineral oil products, data …
Asking prices of UK homes show smallest October rise since 2008
LONDON (Reuters) – Asking prices for homes in Britain have risen at their slowest pace for the time of year since 2008, property website Rightmove …
Young Americans cut spending, shun restaurants as prices rise -study
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – Most young Americans have cut their spending in response to persistent inflation over the past …
China’s consumer prices stall, factory deflation persists
BEIJING (Reuters) – China’s consumer prices faltered and factory-gate prices shrank slightly faster than expected in September, with both indicators showing persistent deflationary pressures in …
Instant View: Gas and shelter costs send US consumer prices higher in Sept
NEW YORK (Reuters) – U.S. consumer prices increased in September amid higher costs for rent and gasoline, but underlying inflation is slowing, supporting financial market …
Low wheat prices irk Kansas farmers, capping US winter wheat acreage
By Julie Ingwersen CHICAGO (Reuters) – U.S. farmers are about halfway done planting winter wheat for harvest in 2024, but acreage is expected to remain …
Birkenstock prices IPO at $46/share – WSJ
(Reuters) – The German premium footwear company Birkenstock priced its U.S. initial public offering (IPO) at $46 per share, the Wall Street Journal reported on …
Brazil’s consumer prices forecast to have risen faster in Sept – Reuters poll
By Gabriel Burin (Reuters) – Brazil’s consumer prices likely rose faster in September, led by hikes in gasoline costs that should have brought annual inflation …
How New Avian Flu Outbreak Could Affect Turkey Dinners in New Jersey on Thanksgiving
TRENTON, NJ – The U.S. Department of Agriculture (USDA) announced the discovery of avian flu in a commercial poultry farm in Jerauld County, South Dakota, …
US Postal Service seeks to hike stamp prices to 68 cents
By David Shepardson (Reuters) – The United States Postal Service (USPS) said on Friday it wants to raise the price of first-class mail stamps to …
US gasoline prices could fall to $3 a gallon on oil selloff, rising stocks
By Laura Sanicola (Reuters) – U.S. gasoline prices are heading south and may hit $3 a gallon in many places in coming weeks with crude …
Canada’s grocery chains pledge to help cut food prices, govt says
OTTAWA (Reuters) – The Canadian government, under political pressure to tackle high inflation, said on Thursday the country’s five major grocery chains had made an …
Analysis-Record chicken prices squeeze US shoppers, benefit Tyson Foods
By Tom Polansek CHICAGO (Reuters) – Chicken prices at U.S. grocery stores have hit record highs and should stay elevated as Tyson Foods and other …
Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year
BRUSSELS (Reuters) – Euro zone producer prices edged higher as expected month-on-month in August and plunged year-on-year on a sharp drop in energy prices, data …
Toronto home prices rebound in September, sales hit 8-month low
By Fergal Smith TORONTO (Reuters) – Greater Toronto Area (GTA) home prices rose in September for the first time in four months, as the Bank …
Explainer-What Macron means when he says he wants to ‘take back control’ of French power prices
PARIS (Reuters) – French President Emmanuel Macron said last week his government would “take back control” of electricity prices by the end of the year, …
Spice maker McCormick lifts profit forecast as higher prices cushion weaker demand
(Reuters) – McCormick on Tuesday raised its annual profit forecast as it expects higher prices for its spices and condiments to make up for slowing …
China new home prices tick up in Sept, ending four-month decline – survey
SHANGHAI (Reuters) – China’s new home prices rose slightly in September, breaking a four-month decline, data showed on Sunday, as developers sped up launches to …
Retail investors flock to bond ETFs in third quarter as prices slide
By Bansari Mayur Kamdar (Reuters) – Investors continued piling into exchange-traded funds (ETFs) that track U.S. government debt in the third quarter, with retail investor …
More German firms want to raise prices for first time in a year -Ifo
BERLIN (Reuters) – The number of companies in Germany planning to raise their prices rose for the first time in a year in September, a …
German import prices post biggest decline in almost 40 years
BERLIN (Reuters) – German import prices recorded in August the largest year-on-year decline since November 1986, the statistics office said on Friday. Import prices decreased …
Coty prices global shares at $10.80 ahead of Paris listing
(Corrects paragraph 2 to remove reference to Paris Stock exchange and say on Sept. 25 and not last week) (Reuters) – Coty said it would …
Italy agrees steps with retailers to control prices of staple goods
ROME (Reuters) – Italy on Thursday signed off a deal with distributors’ associations to try to control the prices of essential goods in the last …
Japan corporate service prices rise 2.1% yr/yr
TOKYO (Reuters) – Japan’s business-to-business service prices rose 2.1% in August from a year earlier, accelerating from a 1.7% year-on-year gain in July, central bank …
Spain’s industrial prices fall 10% year-on-year in August
(Reuters) – Spanish industrial prices fell a record 10% in the 12 months through August, from a revised 8.6% decrease in the 12 months through …
India says rising oil prices a concern, but economic outlook ‘bright’
NEW DELHI (Reuters) – Rising oil prices are a concern for the Indian economy but its outlook remains bright after better September monsoons and a …
U.S. stock prices near level for ‘mechanical selling’ – Nomura’s McElligott
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The latest leg lower in U.S. stock prices has put them in a danger zone that could …
US existing home sales fall in August; house prices rise
WASHINGTON (Reuters) – U.S. existing home sales unexpectedly fell in August as persistently tight supply boosted prices, and a further decline is likely amid a …