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India Shares Post 4th Straight Weekly Gain ahead of Data

BENGALURU, Aug 12 Reuters Indian shares extended gains from previous trading sessions on Friday to post their fourth weekly addition, fuelled by metal and energy stocks, while investors awaited domestic inflation data for July. The Consumer Price Index CPI data is scheduled to be released after market close. A Reuters poll showed India39;s retail inflation […]
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FTSE 100 Subdued as UK Inflation Hits Double Digits

CPI up 10.1 in July vs est of 9.8 rise Balfour Beatty boosts midcaps Cineworld plunges to record low FTSE 100 flat, FTSE 250 slips 0.2 Aug 17 Reuters UK39;s FTSE 100 was muted on Wednesday after data showed inflation hit double digits for the first time in four decades, raising chances of more aggressive […]
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Walmart.com Drew HigherIncome Shoppers Looking to Buy Food

NEW YORK, Aug 16 Reuters U.S. inflation at a fourdecade high has hit lowerincome Americans the hardest. On Tuesday, Walmart39;s results showed that those with bigger wallets are getting squeezed, too. The nation39;s largest retailer, which caters to budgetconscious shoppers, said it saw more middle and higherincome customers shop at Walmart during the second quarter, […]
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UK Inflation Tops 10, Highest Since 1982

CPI rate rises to 10.1 in July from 9.4 in June Inflation last higher in February 1982 Economists expect BoE to raise rates again next month Signs of some easing of price pressures for factories LONDON, Aug 17 Reuters British consumer price inflation jumped to 10.1 in July, its highest since February 1982, up from […]
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