Friday, November 15, 2024

Bussiness

Food companies sell products that are less healthy in poorer countries, says report

By Jennifer Rigby LONDON (Reuters) - The world’s biggest food and beverage companies on average sell products in low-income countries...

UK House Prices Climbed to Record High in October, Halifax Says

(Bloomberg) -- UK house prices hit record levels in October, according to a top mortgage lender, suggesting the boost from...

Germany’s leader expected to lead country with minority government after coalition collapse

BERLIN (AP) — After German Chancellor Olaf Scholz dramatically fired Finance Minister Christian Lindner of the pro-business Free Democrats in...

Nissan plans 9,000 job cuts, slashes annual profit outlook by 70%

TOKYO (Reuters) - Japan's Nissan Motor on Thursday announced various cost saving measures including 9,000 job cuts and slashed its...

Asia ex-China equities have biggest monthly foreign outflow in nearly 2-1/2 years

By Gaurav Dogra (Reuters) - Asian equities, excluding China, witnessed sharp foreign outflows in October, as investors wary of the...

Bank of England is set to cut interest rates despite potential new inflation worries

LONDON (AP) — The Bank of England is set to cut interest rates later Thursday for the second time in...

China asks banks to lower interbank deposit rates to boost growth, Bloomberg News reports

(Reuters) - Chinese regulators have asked the country's banks to lower the rates they pay to deposits from other financial...

Zurich Insurance sees impact from Hurricanes Helene, Milton to touch below $360 million

LONDON (Reuters) - Zurich Insurance Group posted on Thursday a rise in its 9-month premium revenue and said that its...

Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty

By Florence Tan, Emily Chow and Siyi Liu SINGAPORE (Reuters) - Global oil prices are expected to stay in the...

Oil Climbs After Election Jolt as Traders Weigh Trump’s Impact

(Bloomberg) -- Oil ticked higher after a roller-coaster session on Wednesday as traders weighed the likely impact of Donald Trump’s...

Morning Bid: German political drama adds to Trump risks for Europe

By Kevin Buckland A look at the day ahead in European and global markets from Kevin Buckland The state of...

When should kids start using social media? Australia’s government proposes age limit of 16

MELBOURNE, Australia (AP) — The Australian government announced on Thursday what it described as world-leading legislation that would institute an...

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