German Export Sentiment Drops to ThreeYear Low Ifo

Sept 26 Reuters Sentiment among German exporters worsened further in September, falling to its lowest point since May 2020, according to a survey by the Ifo economic institute released on Tuesday. In its fifth consecutive month of decline, the institute39;s export expectations indicator fell to minus 11.3 points in September, from minus 6.5 points in […]
Read More

French Shoppers Buy Fewer Tampons, Less Detergent as Prices Surge

LONDON, Sept 26 Reuters French consumers are buying fewer personal hygiene and household products, sacrificing tampons and laundry detergent as prices of products made by big brands like PG and Unilever surge, data compiled for Reuters shows. The shift in shoppers39; habits could create a new battleground for retailers, politicians and consumer goods makers that have for […]
Read More

Oil Slips, High Interest Rate Outlook Outweighs Tight Supply

TOKYOBEIJING, Sept 26 Reuters Oil prices fell on Tuesday amid concerns that fuel demand will be crimped by major central banks holding interest rates higher for longer, even with supply expected to be tight. Brent crude futures were down 87 cents at 92.42 a barrel at 0630 GMT, while U.S. West Texas Intermediate crude futures […]
Read More

Banks in EU Largely Comply with Basel Endgame, Watchdog

LONDON, Sept 26 Reuters European Union banks already largely meet tougher global capital rules to bolster defences against economic crises and now only need to find another 600 million euros 635.8 million ahead of a 2028 deadline, the bloc39;s banking watchdog said on Tuesday. The global Basel Committee agreed additional capital rules in 2017 that […]
Read More