MOSCOW (Reuters) – The average price for Russia’s Urals oil blend was $57.49 per barrel between Nov. 15 and Dec.…
Hungary’s annual CPI could slow to single digit by end-2023 -cbanker
BUDAPEST (Reuters) – Hungary’s annual inflation could slow to single-digit by the end of 2023, National Bank of Hungary deputy…
India’s textile industry faces tough times as consumers cut spending
By Manoj Kumar and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – India’s $200 billion textile and apparel industry is facing a…
Halifax says UK house prices set to fall next year by around 8%
LONDON (Reuters) – Mortgage lender Halifax said on Friday it expected British house prices to fall next year by around…
Rank warns on profits as cash-strapped UK punters retrench
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…
China to reform securities settlement system
SHANGHAI (Reuters) – China’s securities regulator said on Friday it will launch a reform this month to bring the country’s…
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…