By Sinchita Mitra (Reuters) – The World Cup, cold weather and a lack of disposable income have left British punters…
Beiersdorf acquires majority stake in S-Biomedic
(Reuters) – Beiersdorf said on Friday it had acquired a majority stake in Belgian biotechnology company S-Biomedic NV. S Biomedic…
Volkswagen: decision on location of battery plant in eastern Europe coming soon
BERLIN (Reuters) – Volkswagen will soon make a decision on the location of its planned battery plant in Eastern Europe…
World Cup and Black Friday fail to stop surprise fall in UK retail sales
By Andy Bruce LONDON (Reuters) -British retail sales slid unexpectedly in November, despite the men’s soccer World Cup and the…
Analysis-Britain takes fight to restore investor faith into 2023
By Sinead Cruise, Kate Holton and Dhara Ranasinghe LONDON (Reuters) – Major investors are rethinking their support for Britain’s economy…
German downturn eases further, lifting some gloom – flash PMI
BERLIN (Reuters) – A downturn in German economic activity eased for the second month running in December, a preliminary survey…
Bundesbank sees recession, higher inflation in Germany
FRANKFURT (Reuters) – Inflation in Germany, the euro zone’s biggest economy, is likely to be higher than earlier thought while…
Bank of England raises rates to 3.5%, says inflation has peaked
(This Dec. 15 story has been corrected to change Robert Dishner’s location to London from Chicago in paragraph 33) LONDON…
French economic contraction worsened in December – flash PMI
By Sudip Kar-Gupta PARIS (Reuters) – French business activity contracted at a faster rate in December than the previous month,…
Rio Tinto completes $3.3 billion Turquoise Hill deal for larger share in Mongolia project
(Reuters) -Rio Tinto Ltd said on Friday it had completed its long drawn-out acquisition of remaining 49% stake in Turquoise…