Category Archives:
Saudi inflation steady at 2.7% in April, driven by housing
DUBAI (Reuters) - Saudi Arabia's annual inflation rate was 2.7% in April, unchanged from the previous month, driven mostly by housing rental costs, government data released on Monday showed. Housing, ...
May 15, 2023
South Africa’s non-aligned position does not favour Russia, Ramaphosa says
JOHANNESBURG (Reuters) - South African President Cyril Ramaphosa said on Monday the country's non-aligned position did not favour Russia over other states and reiterated its call for a peaceful resolu...
May 15, 2023
Swedish inflation dips more than expected in April, easing cbank worries
STOCKHOLM (Reuters) - Inflation in Sweden slowed faster than expected in April, data from the statistics office showed on Monday, good news for the central bank that has fretted that price pressure co...
May 15, 2023
Elon Musk to meet Macron, other leaders at France conference
PARIS (Reuters) -Billionaire entrepreneur Elon Musk will meet French President Emmanuel Macron and other political leaders on Monday at a business conference close to Paris, the Elysee Palace said, co...
May 15, 2023
Silicon Valley automotive ethernet chip startup Ethernovia raises $64 million
By Jane Lanhee Lee OAKLAND, California (Reuters) - Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in a Series A funding round including Porsche...
May 15, 2023
India’s annual wholesale inflation falls to 0.92% in April
NEW DELHI (Reuters) - India's annual wholesale-price based inflation (WPI) fell for the first time in nearly 3 years in April, as prices softened across the board. WPI fell to 0.92%, compared with Mar...
May 15, 2023
EU commission sees Germany 2023 GDP growth at 0.2%, Italy 1.2% – newspaper
ROME (Reuters) - The European Commission will forecast Germany's economic growth this year at 0.2%, while projecting a 1.2% rate for Italy, Italian daily La Stampa reported on Monday, citing Brussels-...
May 15, 2023
India’s retail inflation may ease to cenbank’s 4% target in May -economists
MUMBAI (Reuters) - India's headline retail inflation in May is likely to fall further towards 4% - the midpoint of the central bank's target and a level last seen in January 2021, according to a few e...
May 15, 2023
German April wholesale prices post first y/y drop since Dec 2020
BERLIN (Reuters) - Germany's wholesale price index fell slightly in April compared to the same month last year, the first year-on-year drop since December 2020, according to data released on Monday. W...
May 15, 2023
BAT names finance director Marroco as CEO as Bowles bows out
(Reuters) -British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years. Marroco has been with the tobacco fir...
May 15, 2023
Peoria, IL, USA
59 °F Partly cloudy
