Category Archives:
Russian clothing brands plug gap left by Western rivals
By Roman Churikov MOSCOW (Reuters) - Russian designers and brands are helping the retail sector gradually recover from a turbulent 15 months of store closures and slumping demand, with new labels plug...
May 31, 2023
Italy Q1 GDP revised up to 0.6% q/q, 1.9% y/y -ISTAT
May 31 (Reuters) - Italy's economy rose 0.6% in the first quarter, boosted by strong domestic demand, national statistics bureau ISTAT said on Wednesday, lifting a preliminary estimate of a 0.5% rise ...
May 31, 2023
British consortium, Swiss Glencore, Indonesia’s Aneka Tambang, to invest $9 billion in Indonesia EVs – minister
JAKARTA (Reuters) - A British consortium will invest for about $9 billion in Indonesia's electric vehicle batteries sector and mining, working with companies such as Glencore and state miner Aneka Tam...
May 31, 2023
Target Pride backlash exposes ‘rainbow capitalism’ problem, designer says
By Helen Reid LONDON (Reuters) - U.S. retailer Target's decision to remove some LGBTQ-themed merchandise after customer backlash in its stores highlights the problem with companies' "rainbow capitalis...
May 31, 2023
French finance minister sticks to 1% growth outlook despite risks
PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Wednesday he was sticking to a forecast of 1% economic growth this year despite numerous risks to the outlook while a fall in inflation...
May 31, 2023
German unemployment rises less than expected in May
BERLIN (Reuters) -German unemployment rose less than expected in May, showing a resilience of the labour market despite difficult economic conditions, labour office figures showed on Wednesday. The Fe...
May 31, 2023
Forward guidance could become trap for central banks-economist
By Leika Kihara TOKYO (Reuters) - Central banks risk being late in arresting inflation if they rely too much on forward guidance - a tool used to communicate the future path of monetary policy, a wide...
May 31, 2023
Volkswagen won’t participate in China discount battle “at any price” – COO
BERLIN (Reuters) - Volkswagen will not participate in a discount battle in China "at any price", Chief Operating Officer Ralf Brandstaetter said in an interview released on Wednesday. "Volkswagen is f...
May 31, 2023
South Korea experts say more study needed on Japan’s nuclear water plan
By Hyonhee Shin SEOUL (Reuters) - South Korean nuclear safety experts who visited Japan's wrecked Fukushima nuclear power plant said on Wednesday that detailed analysis was needed to verify Japan's pl...
May 31, 2023
China’s farm ministry seeks to salvage damaged wheat
BEIJING (Reuters) - China's agriculture ministry is urging local authorities to speed up the harvesting and drying of damaged grain, after heavy rain flooded fields of ripe wheat in the country's most...
May 31, 2023
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