Author Archives: Syndicated Content
Spain's factory activity shrinks for third straight month in September -PMI
MADRID (Reuters) - Factory activity in Spain contracted in September for the third consecutive month as faltering demand and high inflation weighed, a survey showed on Monday. S&P Global's Purchasing ...
Oct 03, 2022
Somalia says it killed al Shabaab co-founder
BOSASO, Somalia (Reuters) - Somalia's government said late on Sunday that it had killed Abdullahi Nadir, one of the co-founders of Islamist militant group al Shabaab, in an operation with internationa...
Oct 03, 2022
Russia may start providing trade finance to importers of its grain - farm minister
MOSCOW (Reuters) - Russia may start providing trade finance to importers of its grain as sanctions imposed on Moscow since it sent troops to Ukraine affect this financial instrument, Agriculture Minis...
Oct 03, 2022
Turkey's inflation hits fresh 24-year high of 83% after rate cuts
ISTANBUL (Reuters) - Turkish annual inflation climbed to a new 24-year high of 83.45% in September, official data showed on Monday, below forecast, after the central bank surprised markets by cutting ...
Oct 03, 2022
Swedish manufacturing activity fell in Sept - Silf/Swedbank
STOCKHOLM (Reuters) - Activity in Sweden's manufacturing sector contracted for the first time since the pandemic-hit summer of 2020 in September, compilers Silf and Swedbank said on Monday. The purcha...
Oct 03, 2022
Turkish factory activity contracts for seventh straight month in Sept -PMI
ISTANBUL (Reuters) - Turkish factory activity contracted for a seventh consecutive month in September as weak demand slowed down output and purchasing activity, a business survey showed on Monday. Tur...
Oct 03, 2022
Polish manufacturers cut jobs in Sept as orders keep falling - PMI
WARSAW (Reuters) - The rate of contraction in the Polish manufacturing sector slowed in September, a survey showed on Monday, but declines in output and new orders remained significant and the pace of...
Oct 03, 2022
Prosus terminates $4.7 billion deal to buy BillDesk
AMSTERDAM (Reuters) - Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced...
Oct 03, 2022
UK's Truss and Kwarteng forced into humiliating tax U-turn
By Kate Holton and Kylie MacLellan LONDON (Reuters) - The government of British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn, reversing plans to cut the highest rate of inco...
Oct 03, 2022
UK finance minister Kwarteng: We are reversing abolition of 45p tax rate
LONDON (Reuters) - British finance minister Kwasi Kwarteng said on Monday the government was reversing its plan to scrap the highest rate of income tax. "We are not proceeding with the abolition of th...
Oct 03, 2022
