Orange, MasMovil deal may reduce competition, push up prices, EU warns
By Foo Yun Chee and Tassilo Hummel BRUSSELS (Reuters) -Orange and MasMovil’s planned merger of their Spanish operations may reduce competition and push up prices, …
Prices
US existing home sales edge up but prices drop by most since 2011
(Reuters) – U.S. existing home sales ticked higher in May to snap a two-month skid with condominium sales accounting for the modest gain, and selling …
McDonald’s Japan hikes prices in city centres as costs bite
By Anton Bridge TOKYO (Reuters) – The Japanese operator of McDonald’s restaurants said on Monday it would raise prices at 184 city centre branches, equivalent …
US import prices drop in May on energy, food
WASHINGTON (Reuters) – U.S. import prices fell in May and the annual decrease in prices was the sharpest in three years, providing another boost for …
Fewer UK firms expect to raise prices in month ahead – ONS
LONDON (Reuters) – The smallest proportion of businesses since at least March last year expect to raise prices next month, a survey of businesses showed …
German wholesale prices down 2.6% y/y in May
BERLIN (Reuters) – Germany’s wholesale prices fell in May compared with the same month last year, according to data released on Wednesday. Wholesale prices decreased …
Explainer-How France secured a fall in food prices
By Sybille de La Hamaide PARIS (Reuters) – French Finance Minister Bruno Le Maire said last week he had secured a pledge from 75 top …
Apple, Amazon must face consumer lawsuit over iPhone, iPad prices – US judge
By Mike Scarcella (Reuters) – Apple and Amazon.com must face a consumer antitrust lawsuit in U.S. court accusing them of conspiring to artificially inflate the …
Oil Prices Jump Early After Middle Eastern Country Cuts Production
Oil Prices Jump Early After Middle Eastern Country Cuts Production John Hugh DeMastri on June 5, 2023 Oil prices spiked Monday morning, before giving back …
ECB’s Visco says falling energy prices should help tame inflation
ROME (Reuters) – The rapid decline in energy costs should help to tame inflation in Europe, Bank of Italy governor Ignazio Visco said on Saturday, …
China new home prices, sales fall on soft demand in May
BEIJING (Reuters) – China’s new home prices fell for the first time in four months in May and home sales slumped, according to a private …
Aussie housing dip over, prices to rebound into next year on rate view- Reuters poll
By Vivek Mishra BENGALURU (Reuters) – Australia’s housing market outlook has improved significantly, with home prices expected to on average stagnate this year compared to …
Kiwi house prices to descend further this year and rise next- Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – New Zealand house prices are forecast to drop further this year, pressured by higher interest rates, according to a …
Germany home prices to fall modestly this year and next: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany are forecast to correct modestly this year and decline a bit more in 2024 as …
Economic fears to cap oil prices below $90 through 2023: Reuters poll
By Kavya Guduru (Reuters) – Oil prices will creep up from current levels as major producer group OPEC+ maintains restrictions on supplies, but economic headwinds …
Singapore home prices surpass Hong Kong as APAC’s most expensive – survey
HONG KONG (Reuters) – Singapore’s private home prices have surpassed Hong Kong as the most expensive in Asia Pacific in 2023, while rents in the …
China new home prices growth to narrow in 2023: Reuters poll
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s new home prices will see a slower growth this year, according to a Reuters poll, …
UK finance minister to meet food manufacturers to discuss high prices
LONDON (Reuters) – British Finance Minister Jeremy Hunt plans to raise concerns about the surge in food prices and discuss ways to ease the strain …
German producer prices post smallest increase in two years
BERLIN (Reuters) – German producer prices posted their slowest annual increase in two years in April, according to data released on Friday, in a tentative …
Alberta wildfires hit gas flow out of Canada to US, spiking prices
OTTAWA (Reuters) -Alberta officials on Thursday warned more wildfires could spread in next few hot and dry days, even as firefighters make progress in tackling …
BNY Mellon prices $500 million debt offering via diverse bookrunners
NEW YORK (Reuters) – The Bank of New York Mellon Corporation priced a $500 million debt offering that was underwritten by minority, veteran- and woman-owned …
Bath & Body Works beats quarterly profit estimates on higher prices
(Reuters) – Bath & Body Works Inc beat first-quarter profit expectations on Thursday, as higher product prices outweighed cost pressures and a slowdown in demand, …
Fewer UK firms expect to raise prices over the next month, ONS says
LONDON (Reuters) – The proportion of British businesses expecting to raise prices has fallen in a latest sign that price pressures have peaked after inflation …
Chile’s lithium giant SQM sees profits dip, despite uptick in prices
(Reuters) -Chile’s SQM, the world’s second-largest lithium producer, said on Wednesday that its first-quarter net profit slid almost 6% compared to the year-ago period to …
EBRD: Inflation has peaked, but rising gas prices will pressure households
By Jorgelina do Rosario LONDON (Reuters) – Inflation has peaked in emerging Europe, central Asia and north Africa, but rising gas prices in the coming …
Nigeria inflation quickens in April as food prices surge
By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s annual inflation rose to 22.22% in April from 22.04% the previous month, as the price of food continued …
German April wholesale prices post first y/y drop since Dec 2020
BERLIN (Reuters) – Germany’s wholesale price index fell slightly in April compared to the same month last year, the first year-on-year drop since December 2020, …
S.Korean house prices fall in April for 11th straight month
SEOUL (Reuters) – South Korean house prices weakened for an 11th consecutive month in April – its longest streak of declines in 11 years – …
US producer prices increase moderately in April
WASHINGTON (Reuters) – U.S. producer prices rebounded modestly in April, leading to the smallest annual increase in producer inflation in more than two years, further …
U.S. home buyers persevere despite high rates, prices: study
By Nupur Anand NEW YORK (Reuters) – U.S. home buyers are still committed to their plans to buy a property despite rising interest rates, high …
‘Raising Your Prices’: Fox Business Hosts Rip Biden’s ‘Completely Crazy’ Proposal That Will ‘Destroy’ Airlines
‘Raising Your Prices’: Fox Business Hosts Rip Biden’s ‘Completely Crazy’ Proposal That Will ‘Destroy’ Airlines Harold Hutchison on May 8, 2023 A panel of Fox …
America’s ‘Climate’ Governor Is Leaving Office With Emissions And Energy Prices HIGHER Than When He Got There
America’s ‘Climate’ Governor Is Leaving Office With Emissions And Energy Prices HIGHER Than When He Got There John Hugh DeMastri on May 4, 2023 Democratic …
Tesla raises prices for new Model S, Model X in China
BEIJING (Reuters) – Tesla Inc has raised prices for its new Model S and Model X vehicles in China by 19,000 yuan ($2,751), its website …
EOG, Coterra beat profit estimates on higher prices, oil demand
(Reuters) -U.S. shale producers EOG Resources Inc and Coterra Energy Inc beat first-quarter estimates on Thursday, joining their peers in benefiting from a sustained fuel …
Inflation has passed its peak in Germany as energy prices ease – Econ Min
BERLIN (Reuters) – Inflation has passed its peak in Germany as energy prices have eased, German Economy Minister Robert Habeck said on Thursday, adding that …
Lofty prices tarnish gold’s lustre in top Asian retail hubs
By Amy Lv, Rajendra Jadhav and Kavya Guduru BEIJING/MUMBAI/BENGALURU (Reuters) – On a recent evening in April, only three or four people browsed among the …
Euro zone producer prices fall m/m in March
BRUSSELS (Reuters) – Euro zone producer prices fell a bit more than expected month-on-month in March, data showed on Thursday, pointing to a further slowdown …
Barrick beats quarterly profit estimates on higher prices
(Reuters) – Canadian miner Barrick Gold Corp beat Wall Street expectations for first-quarter profit on Wednesday, as higher prices of the metal outweighed a decline …
Bleach maker Clorox raises annual forecasts on higher prices
By Granth Vanaik and Jessica DiNapoli (Reuters) – Clorox Co raised its annual sales and profit forecasts on Tuesday, banking on higher product prices that …
As lithium miners gear up for first-quarter earnings, investors focus on tumbling prices
By Arshreet Singh (Reuters) – U.S. lithium miners Albemarle and Livent are expected to report a rise in quarterly profit this week, but investor focus …
Italy CPI rises again in April amid energy prices volatility
By Antonella Cinelli ROME (Reuters) – Italian inflation jumped unexpectedly in April, driven by another spike in energy prices, official statistics agency ISTAT said on …
China new home prices up slightly in April, less cities post gains – survey
BEIJING (Reuters) – Prices of new homes in 100 Chinese cities rose a touch in April in an extension of modest gains seen in March, …
Australia’s home prices rise again in sign of market bottom
SYDNEY (Reuters) – Australian home prices rose for a second straight month in April, in a further signal that the nation’s property market may have …
Singapore private residential prices rise 3.3% in Q1, signals strong demand
(Corrects to restore dropped word in first paragraph) SINGAPORE (Reuters) – Singapore’s private property prices rose in the first quarter, official data showed on Friday, …
HADLEY HEATH MANNING: The Real Reason Why Hospitals Are Still Not Being Transparent About Prices
HADLEY HEATH MANNING: The Real Reason Why Hospitals Are Still Not Being Transparent About Prices Hadley Heath Manning on April 26, 2023 A new lawsuit …
Russia’s weekly consumer prices rise as central bank rate decision looms
(Reuters) -Russia’s weekly consumer prices rose at a faster pace in the week to April 24, data from state statistics service Rosstat showed on Wednesday, …
Hong Kong home prices rise for third month in March
HONG KONG (Reuters) – Hong Kong private home prices in March rose for the third month and edged up 1.4% from February, as the reopened …
NVR beats quarterly profit expectations on higher home prices
(Reuters) – Homebuilder and mortgage banking company NVR Inc beat analysts’ expectations for first-quarter profit on Tuesday, helped by higher home prices. U.S. home prices …
US home prices rise in February – surveys
WASHINGTON (Reuters) – U.S. single-family home prices increased in February after seven straight monthly declines likely as a dip in mortgage rates at the start …
Kimberly-Clark lifts 2023 profit forecast on higher prices
(Reuters) – Kimberly-Clark Corp raised its full-year profit forecast on Tuesday as consistent price hikes helped the company post better-than-expected sales in the first quarter, …