German inflation bucks downward trend in June with higher-than-expected rise
By Maria Martinez BERLIN (Reuters) -German inflation rose more than expected in June, interrupting a steady decline since the start…
Business
China’s debt relief to poor countries slows amid continuing appeals for support
By Joe Cash BEIJING (Reuters) – The value of Chinese debt relief decreased by over 50% between 2021 and 2022,…
Brazil’s Lula says inflation targets too ‘rigid’
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday the country’s inflation targets were excessively…
Germany to reject Binance’s bid for a cryptocurrency licence – source
FRANKFURT (Reuters) – German regulators have told Binance they will not grant it a cryptocurrency custody licence, a person with…
H&M to grow third-party brand strategy as online rivalry intensifies
STOCKHOLM (Reuters) – H&M plans to sell more third-party brands online and in stores, CEO Helena Helmersson said on Thursday,…
Analysis-Dollar drought haunts frontier economies
By Duncan Miriri and Marc Jones NAIROBI/LONDON (Reuters) – As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its…
Exclusive-Morgan Stanley board considers next CEO while Gorman clears the decks
By Lananh Nguyen NEW YORK (Reuters) – Morgan Stanley’s board will focus on the selection of CEO James Gorman’s successor…
Lordstown Motors gets Nasdaq delisting notice
(Reuters) – Lordstown Motors said on Thursday it had received a delisting notice from the Nasdaq, days after the U.S….
U.S. antitrust regulator plans to target Amazon’s online marketplace – Bloomberg News
(Reuters) -The U.S. antitrust regulator is planning to file a suit targeting Amazon.com’s core online marketplace in the coming weeks,…
Brazil central bank improves 2023 GDP growth forecast to 2.0%
BRASILIA (Reuters) – Brazil’s central bank joined on Thursday a wave of recent upward revisions for the country’s economic growth…