Inflation up in German states, pointing to national rise
BERLIN (Reuters) – Inflation rose in five economically important German states in the month of June, preliminary data showed on…
2023
Cancer plaintiffs drill down on J&J’s support for $8.9 billion talc deal
By Dietrich Knauth NEW YORK (Reuters) – The lead negotiators for Johnson & Johnson’s proposed $8.9 billion settlement of thousands…
European Shares Muted On Rate-hike Jitters; H&M Jumps On Robust Profit
By Amruta Khandekar and Matteo Allievi (Reuters) -European shares were muted on Thursday as hawkish signals from a slew of…
Rouble hits 15-month low past 87 vs dollar on political risk concerns
(Reuters) – The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic…
BMW to produce electric X3 model at South Africa plant
(Reuters) – Germany’s BMW will build its X3 model in South Africa from 2024, investing 4.2 billion rand ($225.09 million)…
US court approves Cineworld’s restructuring plan
(Corrects day in first paragraph to Thursday) (Reuters) – British cinema chain operator Cineworld Group said on Thursday that a…
US mulls new export restriction on computing power in AI chips
By Stephen Nellis and Karen Freifeld (Reuters) – U.S. officials are considering tightening an export control rule designed to slow…
Factbox-Policy measures China’s central bank could use to stem yuan weakness
(Reuters) – China has ramped up its effort to slow the depreciation of the yuan against the dollar this week…
Europeans plan to keep ballistic missile sanctions on Iran
By John Irish, Arshad Mohammed and Parisa Hafezi PARIS/WASHINGTON/DUBAI (Reuters) -European diplomats have told Iran they plan to retain European…
Spain’s 12-month inflation falls to 1.9% in June, lowest since March 2021
(Reuters) – Spain’s consumer prices rose 1.9% year-on-year in June, their slowest increase since March 2021, preliminary data from the…