Economy

TABLE-Euro zone December retail sales fall 2.8% y/y

  • February 06, 2023 09:00 PM AEDT | Reuters
 TABLE-Euro zone December retail sales fall 2.8% y/y

Feb 6 (Reuters) - The European Union's statistics office Eurostat released the following data on retail sales in the euro zone in December. Volume of retail trade % change compared with the previous

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Intel CEO: new chip plant decision by year-end, not sure to be in Italy - press

Intel CEO: new chip plant decision by year-end, not sure to be in Italy - press

  • January 20, 2023 06:05 PM AEDT | Reuters

MILAN (Reuters) - Intel CEO Pat Gelsinger told Italian daily Corriere della Sera on Friday that Italy was only one of several countries being considered to host a new chip plant, and a decision should

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COLUMN-Fed hangs tough as wage growth gets real again: Mike Dolan

COLUMN-Fed hangs tough as wage growth gets real again: Mike Dolan

  • January 20, 2023 06:00 PM AEDT | Reuters

By Mike Dolan LONDON, Jan 20 (Reuters) - If markets are wondering why the Federal Reserve just won't play ball with their 'peak interest rate' pricing, the answer probably lies in the resumption of

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UK's Unite Announces 10 Fresh Strike Dates As Ambulance Dispute Escalates

UK's Unite Announces 10 Fresh Strike Dates As Ambulance Dispute Escalates

  • January 20, 2023 05:59 PM AEDT | Reuters

Jan 20 (Reuters) - UK's Unite Union: * UNITE ANNOUNCES 10 FRESH STRIKE DATES AS AMBULANCE DISPUTE ESCALATES * UK'S UNITE: ANNOUNCES 10 FRESH STRIKE DATES AS AMBULANCE DISPUTE ESCALATES * UK'S UNITE-

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Analysis-Bank of Japan's grit chills bond bears

Analysis-Bank of Japan's grit chills bond bears

  • January 20, 2023 05:57 PM AEDT | Reuters

By Junko Fujita and Tom Westbrook SINGAPORE (Reuters) - Japan's central bank appears to have scored an interim win in its long-drawn battle with bond bears. The Bank of Japan's (BOJ) policy meeting

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British union announces 10 fresh ambulance strike dates

British union announces 10 fresh ambulance strike dates

  • January 20, 2023 05:53 PM AEDT | Reuters

Jan 20 (Reuters) - British labour union Unite said on Friday ambulance workers will stage 10 more strikes in the coming weeks as an ongoing dispute over pay intensified. (Reporting by Yadarisa Shabong

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French Finance Minister: recent strikes unlikely to hurt economy

French Finance Minister: recent strikes unlikely to hurt economy

  • January 20, 2023 05:48 PM AEDT | Reuters

PARIS, Jan 20 (Reuters) - Recent strikes in protest at plans to raise the French retirement age are unlikely to hurt the country's economy, Finance Minister Bruno Le Maire told Bloomberg TV on Friday.

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India's Swiggy to lay off 380 employees - document

India's Swiggy to lay off 380 employees - document

  • January 20, 2023 05:41 PM AEDT | Reuters

BENGALURU (Reuters) - Indian food delivery firm Swiggy on Friday said it will lay off 380 employees, citing challenging macroeconomic conditions and slowdown in growth of its food delivery business,

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EU's Dombroskis says growth stronger than expected, recession probably avoided

EU's Dombroskis says growth stronger than expected, recession probably avoided

  • January 20, 2023 05:31 PM AEDT | Reuters

MILAN, Jan 20 (Reuters) - Economic growth in the European Union has so far proved stonger than expected and recession can probably be avoided, Commission Vice President Valdis Dombrovskis told Italian

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Sri Lanka expects financing assurances from China for IMF deal within days

Sri Lanka expects financing assurances from China for IMF deal within days

  • January 20, 2023 05:25 PM AEDT | Reuters

COLOMBO, Jan 20 (Reuters) - Crisis-hit Sri Lanka expects to receive financing assurances from China in the next few days that will allow it to move ahead with securing a $2.9 billion bailout from the

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Crypto lending unit of Genesis files for U.S. bankruptcy

Crypto lending unit of Genesis files for U.S. bankruptcy

  • January 20, 2023 05:15 PM AEDT | Reuters

(Adds Cameron Winklevoss' tweets in paragraph 10 & 11, estimated creditors in paragraph 3) Jan 20 (Reuters) - The lending unit of crypto firm Genesis filed on Thursday for U.S. bankruptcy protection

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