Argentina’s economic woes spark ‘supermarket tourism’ from neighbors
By Horacio Soria and Lucinda Elliott MONTEVIDEO (Reuters) – Uruguayans are crossing into Argentina to shop for cheap food and…
Economy
Germany’s China strategy is vocal on risks but short on policy
By Sarah Marsh and Andreas Rinke BERLIN (Reuters) -Germany on Thursday published its first and long-awaited China strategy which was…
ECB policymakers open to further rate hikes past July
FRANKFURT (Reuters) -The European Central Bank may need to continue raising interest rates beyond this month to bring inflation back…
US producer prices barely rise in June; core PPI subsides
WASHINGTON (Reuters) – U.S. producer prices barely rose in June and the annual increase in producer inflation was the smallest…
EM portfolios see $22 billion foreign inflow in June -IIF
NEW YORK (Reuters) – Foreigners funneled over $22 billion net into emerging market portfolios in June, the largest amount since…
Factbox-Germany unveils strategy on China, trade partner and rival
(Reuters) – Germany on Thursday passed its long-awaited China strategy after months of wrangling within Chancellor Olaf Scholz’s three-way coalition…
Cinepolis exec Eduardo Acuna to become Cineworld CEO
(Reuters) – Cineworld Group said on Thursday Eduardo Acuna, who runs the Americas operations of Mexican theatre operator Cinepolis, will…
UK food price inflation to be 9% in December, industry researcher cautions
LONDON (Reuters) – Food price inflation in Britain will decline through the balance of 2023 but will still be about…
Alibaba’s Ele.me platform signs wages, safety contracts as tech crackdown ends – media
BEIJING (Reuters) – Alibaba’s Ele.me on Thursday became China’s first delivery platform to sign collective contracts on wages and labour…
UK faces long-term debt surge risk but pressure growing now – budget office
By William Schomberg LONDON (Reuters) -Britain’s public debt could surge to more than 300% of annual economic output by the…