Author Archives: Syndicated Content
France's Le Maire: Food inflation has started easing in July
PARIS (Reuters) - Food inflation in France has started to ease this month and the trend should accelerate in the coming weeks, Finance Minister Bruno Le Maire said on Wednesday. Le Maire told BFM tele...
Jul 05, 2023
Foxconn Q2 sales slip 14%, Q3 outlook brighter ahead of year-end peak
TAIPEI (Reuters) - Taiwan's Foxconn, a major iPhone assembler for Apple Inc, said on Wednesday that second quarter revenue dropped 13.8% year-on-year but the outlook for the third quarter was brighter...
Jul 05, 2023
Pakistan PM hopes for bailout approval from IMF board on July 12
By Asif Shahzad ISLAMABAD (Reuters) - Pakistan's Prime Minister Shehbaz Sharif said on Wednesday he was hopeful that $3 billion short-term bailout from the International Monetary Fund would be approve...
Jul 05, 2023
China bank shares slump in Hong Kong after Goldman downgrades
SHANGHAI (Reuters) -Chinese banking shares listed in Hong Kong tumbled on Wednesday after Goldman Sachs downgraded top lenders including Agricultural Bank of China (AgBank) in a report that raised que...
Jul 05, 2023
Adidas HR chief latest board member to leave since arrival of Gulden as CEO
BERLIN (Reuters) - Adidas said on Wednesday that its HR chief Amanda Rajkumar would leave the company this month after less than three years in the role, becoming the third board member to do so since...
Jul 05, 2023
Russian man planned to destroy energy facility on Sakhalin - FSB
(Reuters) - Russia's FSB security service said on Wednesday it had detained a man suspected of planning to destroy an energy facility on Sakhalin island off Russia's Pacific coast. The FSB published a...
Jul 05, 2023
Euro zone business activity contracts in June -PMI
LONDON (Reuters) - Euro zone business activity slipped into contractionary territory last month in a broad-based downturn across the bloc's dominant services industry and a deepening decline of factor...
Jul 05, 2023
German services sector loses some shine as growth slows -PMI
BERLIN (Reuters) - Growth in Germany's services sector slowed in June amid signs a recent resurgence in demand was losing steam, a survey showed on Wednesday. The HCOB final services Purchasing Manage...
Jul 05, 2023
French services activity falls for first time since January as demand weakens - PMI
PARIS (Reuters) - Activity in France's dominant services sector fell in June for the first time since January, a survey showed on Wednesday, as weak demand added to fears the euro zone's second-bigges...
Jul 05, 2023
Analysis-A year later, Sri Lanka's tentative economic recovery eludes the poor
By Uditha Jayasinghe COLOMBO (Reuters) - A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there a...
Jul 05, 2023
