Retail sales volumes slip 0.4 mm in November Data underlines tough times for UK consumers Consumer confidence ticks up, but still near record low LONDON, Dec 16 Reuters British retail sales slid unexpectedly in November, despite the soccer World Cup and the Black Friday sales promotions, a potential indication of the stress felt by many […]

BERLIN, Dec 15 Reuters Germany39;s IfW became the latest economic institute to revise up its growth forecast for 2023 on Thursday as Europe39;s largest economy hopes to avoid the worst of the energy crisis with the help of easing energy market prices and state aid. The Kielbased institute now expects gross domestic product to increase […]

DETROIT, Dec 15 Reuters The past year was sobering for investors who poured money into Tesla Inc and rival electric vehicle startups that hoped to emulate Tesla CEO Elon Musk39;s success. As interest rates rose and financial markets gyrated, shares in many EV startups deflated. Rivian Automotive Inc, which had a higher market value than Ford […]

BEIJING, Dec 15 Reuters China39;s primary aluminium production in November climbed 9.4 from a year earlier as looser power restrictions allowed some regions to ramp up output and as new smelters started operation. The world39;s top aluminium producer churned out 3.41 million tonnes of primary aluminium last month, according to data from the National Bureau […]