BERLIN (Reuters) – Low take up of a government-backed ‘Kurzarbeit’ shortened hours facility points to a “very mild” recession in…
LVMH could pick Pietro Beccari as new Louis Vuitton CEO – paper
ROME/PARIS (Reuters) – The world’s largest luxury group LVMH could pick Pietro Beccari as new CEO of Louis Vuitton, the…
Quotes: Uniqlo owner gives Japan Inc a jolt with 40% wage hike
(Reuters) – Uniqlo parent Fast Retailing Co Ltd said on Wednesday it would raise wages by as much as 40%,…
S.Korea’s Hanwha Q Cells to invest $2.5 billion total in U.S. solar manufacturing
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – South Korea’s Hanwha Solutions Corp said on Wednesday its unit Hanwha…
Australia retail sales jump in November, inflation resumes climb
By Wayne Cole SYDNEY (Reuters) -Australian shoppers spent big in November as Black Friday sales and online specials spurred demand…
Marketmind: Risk on, risk off
A look at the day ahead in European and global markets from Anshuman Daga Asian equity markets are flirting with…
Chemicals firm Sika’s annual sales exceed target on expansion and acquisitions
(Reuters) – Swiss chemicals maker Sika AG reported a 13.4% increase in full-year sales, as new factory openings and acquisitions…
World Bank sees India growth slowing to 6.6% in FY24
MUMBAI (Reuters) – India’s economic growth will slow to 6.6% in the next fiscal year from an expected 6.9% in…
Audi Mexico agrees on wage increase with union, avoiding strike
MEXICO CITY (Reuters) – Audi’s Mexico unit reached an agreement Tuesday with its union regarding a wage increase for 2023,…
Analysis-With banks’ results on tap, options traders prepare for volatility
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are bracing for volatility in U.S. bank shares days ahead…