A look at the day ahead in U.S. and global markets from Mike Dolan. While U.S. President Joe Biden gets…
U.S. firms in Taiwan making ‘contingency’ plans amid China tensions
TAIPEI (Reuters) – Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan are revising or…
Carlsberg warns price hikes may hit beer sales in 2023
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Danish brewer Carlsberg warned on Tuesday that a possible slowdown of beer consumption in Europe…
Big move for dollar not a given for next three months: Reuters Poll
By Hari Kishan BENGALURU (Reuters) – The dollar’s recent comeback may not be indicative of a new broad trend, with…
Russian state bank VTB blames 2022 losses on sanctions -CEO
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s VTB bank’s losses last year were due entirely to sanctions,…
ECB survey shows rising inflation expectations despite energy price falls
FRANKFURT (Reuters) – Euro zone consumer expectations for inflation edged up again in December, a European Central Bank survey showed…
China’s luxury market shrank 10% in 2022 – Bain
By Sophie Yu and Brenda Goh BEIJING (Reuters) – China’s luxury market contracted 10% in 2022 on the year, snapping…
German Jan-Nov oil imports up 9.4%, bill up 77.4%
FRANKFURT (Reuters) – German crude oil import volumes rose 9.4% in the first 11 months of 2022 on a year-on-year…
German industrial output falls more than expected in December
BERLIN (Reuters) -German industrial production fell more than expected in December, driven by a plunge in output from energy-intensive sectors,…
ChatGPT mania pumps up Chinese AI technology stocks
SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around the…