Aug 22 Reuters South Africa39;s rand was weaker in early trade on Monday, as the dollar hit a new fiveweek high after more Federal Reserve officials flagged the likelihood of aggressive interest rate hikes. At 0611 GMT, the rand traded at 17.0600 against the dollar, 0.34 weaker than its previous close. The U.S. dollar index […]

BENGALURU, Aug 22 Reuters India39;s Nifty 50 and BSE Sensex index fell over 1 for the second straight session on Monday, dragged lower by metals and banks with global market weakness further weighing on sentiment. The NSE Nifty 50 index closed down 1.51 at 17,490.7, while the SP BSE Sensex dropped 1.46 to 58,773.87. Global shares slipped […]

По итогам торгов в пятницу европейские фондовые индексы снизились изза новой волны опасений дальнейшего повышения процентных ставок и его влияния на рост экономики в Европе и других регионах мира. Сводный индекс крупнейших компаний региона Stoxx Europe 600 в пятницу опустился на 0,77 и составил 437,36 пункта. Германский DAX потерял 1,12, французский CAC 40 0,94. Итальянский […]

MUMBAI, Aug 22 Reuters The Indian rupee39;s fair value is around 80 against the U.S. dollar, given the country39;s balance of payment challenges and the Reserve Bank of India39;s interventions, JPMorgan39;s head of emerging Asia local markets strategy said. India39;s balance of payments, a measure of how much the country relies on money from abroad, […]

Aug 22 Reuters Major stock markets in the Gulf fell in early trade on Monday, as recession worries persisted amid concern the Federal Reserve will continue its steep interest rate hikes. U.S. Federal Reserve Chair Jerome Powell headlines a host of policy makers at Jackson Hole later in the week and the risks are that […]

Oil stocks lead declines in FTSE 100 Felixstowe workers39; strike adds to woes Wizz Air drops as CFO steps down Aug 22 Reuters UK midcaps hit a threeweek trough on Monday while the exportcentric FTSE 100 eased from its recent peak on fears of aggressive interest rate hikes by major central banks and slowing economic […]

Russia to halt gas supplies to Europe for three days Credit Suisse names Deutsche39;s Dixit Joshi CFO Carrefour to freeze prices on 100 products Aug 22 Reuters European shares were on Monday set for their worst day in more than a month as worries about tightening gas supplies from Russia, hawkish signals from the European […]

When coupled with supply chain issues, rising costs have left consumer-focused companies faced with major decisions on strategy.