Jan 6 Reuters Citigroup analysts turned underweight on U.S. equities on recession fears but were bullish on European stocks, saying much of the pessimism was already pricedin. The U.S. bank upgraded its view on continental European equities to overweight. More broadly, it expects earnings per share for stocks in the MSCI All Country World index to […]

PARIS, Jan 6 Reuters A surge in the cost of most food commodities last year, as the disruption caused by Russia39;s invasion of Ukraine raised concerns of shortages, sent the U.N. food agency39;s average price index to the highest level on record. The Food and Agriculture Organization39;s FAO food price index, which tracks international prices of […]

BEIJING, Jan 6 Reuters After three years of dealing with some of the world39;s toughest COVID19 curbs, there are early signs that Chinese consumers are gearing up to go out and spend again, particularly in major cities and tourist hot spots. Over the threeday New Year39;s Day holiday, businesses and consumers caught their first glimpse […]

BERLIN, Jan 6 Reuters German industrial orders saw their sharpest drop in more than a year in November on falling foreign demand, decreasing by 5.3 on the month on a seasonally and calendar adjusted basis, the federal statistics office said on Friday. A Reuters poll of analysts had pointed to a 0.5 fall, after a […]

LONDON, Jan 6 Reuters British house prices slid in December, capping the largest quarterly drop since the financial crisis more than 10 years ago, data from mortgage lender Halifax showed on Friday. The average house price fell by 1.5 monthonmonth in December, following a 2.4 fall in November and marking the fourth consecutive monthly decline, […]

FTSE 100 up 0.2, FTSE 250 off 0.5 Shell up after saying Q4 LNG earning might be higher Miners rise on higher metal prices U.S. nonfarm payrolls data due at 1330 GMT Jan 6 Reuters Britain39;s FTSE 100 index hit a ninemonth high on Friday, boosted by energy major Shell and other commoditylinked stocks, ahead […]