MILAN (Reuters) – The European economy may be able to avoid the shallow recession expected this year though the effect…
UK inflation edges down to 10.5% in December, food prices surge
By David Milliken LONDON (Reuters) – British inflation eased last month after hitting a 41-year high in October, offering some…
Davos 2023 – Citi CEO Fraser says China opening up is good news for the market
DAVOS, Switzerland (Reuters) – China’s opening up is important for the world and there is good news from market friendly…
Davos 2023: Saudi finance minister says China ‘very important’, U.S. ‘strategic partner’
DAVOS, Switzerland (Reuters) – Saudi Arabia’s finance minister said on Wednesday that China “is very important for Saudi” and its…
Takeaway sees stronger profitability in 2023 despite Q4 orders slump
AMSTERDAM (Reuters) -Just Eat Takeaway.com NV, Europe’s largest meals delivery company, said on Wednesday that its orders fell in the…
Yellen says U.S., China must communicate on economic issues, work to avoid conflict
ZURICH (Reuters) – U.S. Treasury Secretary Janet Yellen told Chinese Vice Premier Liu He in Zurich on Wednesday that the…
Barry Callebaut pares back targeted volume growth
ZURICH (Reuters) -Barry Callebaut announced a new lower three-year guidance for sales volumes growth on Wednesday, citing a return to…
Burberry seeing “very promising” signs from China reopening
LONDON (Reuters) – British luxury brand Burberry is seeing “very promising” signs in China so far this month after the…
Microsoft to cut thousands of jobs across divisions – reports
(Reuters) -Microsoft Corp plans to cut thousands of jobs with some roles expected to be eliminated in human resources and…
ECB’s Villeroy reaffirms determination to get inflation down to around 2% -Bloomberg TV
PARIS (Reuters) – European Central Bank (ECB) member Francois Villeroy de Galhau reaffirmed on Wednesday his determination to bring inflation…