EnCap Investments seeks sale of Utah oil producer XCL Resources, sources say
By Shariq Khan and David French (Reuters) – EnCap Investments is seeking to sell XCL Resources, four people familiar with the matter said, two years after the private equity firm’s plan to…
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 in consumer prices as the European Central…
South Africa’s producer inflation slows to 10.6% y/y in March
JOHANNESBURG (Reuters) – South Africa’s producer inflation slowed to 10.6% year-on-year in March from 12.2% in February, statistics agency data showed on Wednesday. On a month-on-month basis, the producer price index was…
South Korea March producer inflation eases to weakest in 25 months
SEOUL (Reuters) – South Korea’s producer inflation slowed in March to the weakest level in 25 months, central bank data showed on Friday, led by agricultural and petroleum products. The producer price…
German producer prices rise less than expected in March
BERLIN (Reuters) – German producer prices rose less than expected in March, posting the smallest year-on-year increase since June 2021, according to data released on Thursday. Producer prices of industrial products were…
LVMH to buy French jewellery producer Platinum Invest to ramp up Tiffany production
PARIS (Reuters) – LVMH, the world’s largest luxury goods group, has agreed to buy a majority stake in Platinum Invest Group, the owner of French jewellery producers Orest and Abysse, with an…
U.S. producer prices unexpectedly fall in March
WASHINGTON (Reuters) – U.S. producer prices unexpectedly fell in March as the cost of gasoline declined, and there were signs that underlying producer inflation was subsiding. The producer price index for final…
Newly fired Fox News producer seeks to recant testimony in $1.6 billion Dominion lawsuit
By Jonathan Stempel NEW YORK (Reuters) – A newly fired Fox News producer is seeking to recant testimony she said network lawyers coerced her into providing as Fox defends against Dominion Voting…
Russia’s monthly producer price index rises for first time in 10 months
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 a sharp…
German producer prices rise more than expected in February
BERLIN (Reuters) – German producer prices rose more than expected in February, though the rate of increase eased for the fifth month in a row, signalling that inflation in Europe’s largest economy…
Italy producer prices slow down in Jan due to fall in energy prices
(Reuters) – Italian industrial producer prices saw a marked decline in January, slipping back to levels seen in the summer of 2021 in yearly terms due to a decline in energy prices.…
Euro zone producer prices fall due to energy, as other goods rise
BRUSSELS (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 statistics office…
Canada January producer prices up 0.4% on petroleum, primary metals
Producer 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 Friday. The…
German producer prices ease, but at lower pace than expected
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 largest economy…
Sugar producer Tereos names Boucas as CEO
PARIS (Reuters) – Tereos, the world’s second-largest sugar producer, said on Friday it had appointed Jorge Boucas as its chief executive officer effective from April. Its former chief executive stepped down in…
Movie Producer Sentenced For Conspiring To Operate A Prostitution Business
Damian Williams, the United States Attorney for the Southern District of New York, announced today that DILLON JORDAN, a/k/a “Daniel Jordan,” a/k/a “Daniel Maurice Hatton,” a/k/a “Daniel Bohler,” was sentenced today to…
Canada December producer prices down 1.1% on petroleum, softwood
Jan 18 (Reuters) – Producer prices in Canada fell by 1.1% in December from November on lower prices for refined petroleum energy products, as well as softwood lumber, Statistics Canada said on…
U.S. producer prices fall more than expected in December
WASHINGTON (Reuters) – U.S. producer prices fell more than expected in December as the costs of energy products and food declined, offering more evidence that inflation was receding. The producer price index…
Euro zone producer prices fall m/m as expected in Nov
BRUSSELS (Reuters) – Euro zone producer prices fell month-on-month as expected in November, the EU’s statistics office said on Thursday, pulled down by falling costs of energy. The European Union’s statistics office…
Film Producer Pleads Guilty To Bank Robbery
Orlando, Florida – United States Attorney Roger B. Handberg announces that Nacoe Ray Brown (54, Baltimore, MD) has pleaded guilty to bank robbery and to violating the terms of his supervised release.…
Germany could become Europe’s big semiconductor producer – Scholz
BERLIN (Reuters) – Germany could become Europe’s big producer of semiconductors thanks to investments being made in the field, said German Chancellor Olaf Scholz at a digital summit on Friday. “This would…
Futures edge higher ahead of producer prices data
(Reuters) – U.S. stock index futures ticked up on Friday ahead of monthly producer prices data that could offer more clues on how long the Federal Reserve will keep raising interest rates…
UK statistics office cancels producer price data release
LONDON (Reuters) – Britain’s Office for National Statistics said on Friday that it was cancelling the release of producer price inflation (PPI) data due on Dec. 14, after the discovery of further…
Euro zone producer prices fall more than expected m/m in Oct
BRUSSELS (Reuters) – Euro zone producer prices fell more than expected month-on-month in October and decelerated sharply year-on-year, underlining economists’ expectations that inflation may have peaked. The European Union’s statistics office Eurostat…
Canada October producer prices up 2.4% on petroleum products
Nov 18 (Reuters) – Producer prices in Canada rose by 2.4% in October from September on higher prices for refined petroleum energy products, Statistics Canada said on Friday. The depreciating Canadian dollar…
Slowed producer prices another plus for Fed’s inflation fight
By Howard Schneider WASHINGTON (Reuters) – Prices paid by U.S. businesses rose less than expected in October with some key components registering an out-and-out decline, another sign inflation may be easing and…
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