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…
Business
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…
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…
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…
New Zealand passes law guaranteeing bank deposits up to NZ$100,000
SYDNEY (Reuters) – New Zealand passed a law on Thursday guaranteeing bank deposits up to NZ$100,000 ($60,770), a move it…
Digital banking in Italy’s industrial heartland at over 75% – BOI
MILAN (Reuters) -More than three-quarters of the population in Lombardy, Italy’s largest and most industrialized region, banked online last year,…