LONDON, Jan 26 Reuters British retail sales volumes slid over the last month at the fastest rate since April last year, underlining the weak state of the consumer economy in the face of strong inflation, a survey showed on Thursday. The Confederation of British Industry39;s CBI sales balance, which included a couple of days of […]

ANKARA, Jan 26 Reuters Turkey39;s central bank stuck to its forecasts for a sharp drop in inflation on Thursday, saying the increasing predictability of the lira39;s exchange rate plus financing support meant there was no longer the basis for large price rises. Presenting a quarterly economic report, the bank39;s Governor Sahap Kavcioglu stood by previous […]

LONDON, Jan 26 Reuters Britain39;s regulators can be slow, inefficient and unpredictable, raising costs and slowly damaging the financial sector39;s global competitiveness, industry body TheCityUK said in a report. Complex, opaque and slow authorisations, such as for a new chief executive or a new product, can discourage growth and investment, the report published on Thursday […]

Q4 2022 GDP falls 0.4 vs 0.3 fall in Reuters poll forecast GDP falls for first time since Q2 2020, led by fall in exports Finance minister vows strong support to exporters Market prices in end of central bank tightening SEOUL, Jan 26 Reuters South Korea39;s government promised strong support for exporters after the country […]

LONDON, Jan 26 Reuters Britain39;s commercial real estate sector is increasingly feeling the pinch of higher borrowing costs, as investor enquiries declined in the fourth quarter and the outlook for the year ahead worsened, an industry survey showed on Thursday. The Royal Institution of Chartered Surveyors RICS said 83 of respondents to its quarterly commercial […]

Quarterly operating profit up almost 21 Result was slightly below analyst expectations Shares down 4 Jan 26 Reuters Swedish truck maker AB Volvo39;s supply chain struggles are set to linger, it said on Thursday after reporting fourthquarter core profit close to analyst expectations and proposing an extra dividend. Volvo and rivals such as Germany39;s Daimler Trucks have […]

Jan 26 Reuters Spain39;s unemployment rate rose to 12.87 in the fourth quarter of 2022 from 12.67 three months earlier, data from the National Statistics Institute showed on Thursday, pushing the number of unemployed people above the 3 million threshold. However, the unemployment rate during the quarter was the lowest in a fourth quarter since […]