Grocery inflation 2.3 in four weeks to Nov. 3, says Kantar UK grocery sales up 2.0 in period Some consumers starting Christmas shopping early Ocado and Lidl are fastest growing UK grocers Asda remains the laggard LONDON, Nov 12 Reuters British shoppers faced renewed pressure on their budgets in October after grocery price inflation edged […]

MUNICH, Nov 12 Reuters Germany39;s largest industrial union said it had struck a wage deal in regional talks for the electrical engineering and metal industries on Tuesday, signalling an end to difficult negotiations that saw tens of thousands of workers go on strike. After a marathon 18 hours of talks, the union said it would […]

LONDON, Nov 12 Reuters British wage growth excluding bonuses fell in the third quarter to its lowest level in over two years, official data showed on Tuesday, something that will give the Bank of England confidence that inflation pressures will continue to ease as it hopes. British average weekly earnings, excluding bonuses, were 4.8 higher […]

Indian assets better placed to weather any Trumpled policy impacts India39;s robust economy, limited exposure to USChina markets bolster appeal Indian bonds seen as attractive diversification, rupee offers good carry MUMBAI, Nov 11 Reuters Global investors are likely to find relative safety in India39;s financial markets from the spillover of Donald Trump39;s economic policies, including […]

LONDON, Nov 11 Reuters British publicsector employers now expect to raise pay faster than their privatesector counterparts for the first time since late 2020, after the new Labour government approved big publicsector pay rises funded in part by higher employer taxes. The Chartered Institute of Personnel and Development said 2,000 employers surveyed from Sept. 18 […]

MEXICO CITY, Nov 11 Reuters Mexican President Claudia Sheinbaum said on Monday that she would renew an agreement with food producers and retailers to keep the price of a set of basic groceries affordable for consumers. The measure had been rolled out by her predecessor, former President Andres Manuel Lopez Obrador, in 2022 as inflation […]

European banks struggle with profitability and weak economies Trump39;s win boosts US bank shares, European banks face stricter oversight European politicians brace for new US deregulation landscape LONDON, Nov 8 Reuters European banks face an even tougher task to close an earnings gap on U.S. rivals, as Wall Street awaits a new era of financial […]

October CPI up 0.3 yy vs Sept 0.4 PPI down 2.9 yy vs Sept 2.8 China unveiled 1.4 trln local debt resolution plan Strain on property, household consumption still key challenges BEIJING, Nov 9 Reuters China39;s consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed […]

Canada39;s economy adds 14,500 jobs in October Wages of permanent employees rise by 4.9 Unemployment rate stays unchanged at 6.5 Market bets for 50 bps rate cut next month drops OTTAWA, Nov 8 Reuters Canada added a fewerthanexpected 14,500 jobs in October and wages of permanent employees rose, data showed on Friday, as the economy […]

China39;s latest stimulus package in line with estimates Investors had wanted more after Trump39;s election win Chinese stocks to move on to price in Trump tariffs SHANGHAISINGAPORE, Nov 8 Reuters Investors hoping China would announce extra fiscal buffers for an economy girding for another Donald Trump presidency were disappointed on Friday. China39;s top legislative body, […]