FRANKFURT (Reuters) – Euro zone consumers expect inflation to keep slowing in the next months and years but remain pessimistic […]
Siemens cooperating with Austrian authorities in corruption probe
VIENNA/MUNICH (Reuters) – Siemens is cooperating with authorities in Austria on an investigation into allegations of possible corruption related to […]
Investors bet on state-backed developers as Chinese property begins recovery
By Li Gu and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors betting on recovery in China’s battered property sector are […]
Holiday Inn owner IHG makes light of tough economy
By Yadarisa Shabong (Reuters) -Holiday Inn owner IHG expects room revenue growth to remain positive across its regions in the […]
Bayer says guidance cut driven by Crop Science, Pharma
By Ludwig Burger FRANKFURT (Reuters) -Bayer said on Tuesday that last month’s cut to its full-year earnings target was mainly […]
Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report
By Akshita Toshniwal (Reuters) – Global video-games market would return to growth in 2023 on the back of strong sales […]
Moody’s downgrades US banks, warns of possible cuts to others
By Lananh Nguyen and Juby Babu (Reuters) – Moody’s cut credit ratings of several small to mid-sized U.S. banks on […]
German inflation eases to 6.5% in July
BERLIN (Reuters) – German inflation eased in July, the federal statistics office said on Tuesday, confirming preliminary data. German consumer […]
Analysis-Oil hedge funds place their bets on heat-fueled hurricane season
By Nell Mackenzie LONDON (Reuters) – Bullish gasoline positions have hit their highest since the day Russia invaded Ukraine and […]
WeWork rival IWG’s half-year profit surges on high demand, improved pricing
By Aby Jose Koilparambil (Reuters) -Office rental firm IWG retained a “cautiously optimistic” outlook after posting a 48% surge in […]