August

Analysis: The hardest part is yet to come for gas-hoarding Europe

Europe faces a much tougher task to rebuild gas stocks next year compared with this winter, meaning energy bills are…

3 years ago

China’s trade suffers worst slump in 2-1/2 yrs as COVID woes, feeble demand take toll

China's exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as feeble global and…

3 years ago

UK labour market exodus drives jobless rate down to 3.5%

Britain reported a record jump in the number of people leaving the labour market in the three months to August,…

3 years ago

Exclusive: Indian car makers propose tax cut on imports in trade deal with Britain

Indian car makers have proposed cutting to 30% the tax rate on imported cars as part of a trade deal…

3 years ago

Ericsson says no hardware exported to Russia, only software support

Ericsson (ERICb.ST) said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications…

3 years ago

Exclusive: Flurry of new rules leave Turkish banks struggling to lend

Some Turkish banks are curtailing corporate lending after the government's latest raft of regulations raised their costs and forced many…

3 years ago

Japan’s services sector shrinks for first time in five months in August – PMI

Japan's services sector activity shrank for the first time in five months in August as a resurgence of COVID-19 infections…

3 years ago

Gap posts surprise profit on Banana Republic boost; withdraws forecasts

Gap Inc (GPS.N) reported a surprise quarterly profit on Thursday on demand for dressier clothes at its Banana Republic brand, while an…

3 years ago

European shares drop as policymakers seek to tame hot inflation

European shares dropped on Monday, while bond yields surged as comments from central bank policymakers heightened fears of aggressive measures…

3 years ago

Morning Bid: Yuan, euro and pound head down the Hole

Global central banks are scattering again, propelling a resurgent U.S. dollar to its highest in almost two years against China's…

3 years ago