LONDON, April 25 Reuters British retailers suffered their worst April for sales since 2020, when the country was in its first COVID19 lockdown, although the timing of the Easter holidays could be to blame, a survey showed on Thursday. The Confederation of British Industry39;s CBI monthly retail sales gauge, which measures volumes versus a year […]

Futures down Dow 0.35, SP 0.54, Nasdaq 0.86 April 25 Reuters U.S. stock index futures fell on Thursday, as shares of most megacap growth stocks took a beating after dour quarterly results from Meta Platforms, ahead of more economic data in the week that could influence the Federal Reserve39;s monetary policy. Meta plunged 12.9 in premarket […]

Yen39;s fresh fall below 155 vs dollar keeps BOJ under pressure Markets wary of 2022 repeat when dovish BOJ led to intervention BOJ to keep rates steady, may reduce bondbuying plan for May Finance minister says will respond appropriately to yen moves TOKYO, April 25 Reuters The yen39;s slide to fresh 34year lows is likely […]

BRASILIA, April 24 Reuters Brazil39;s government submitted proposed rules to Congress on Wednesday to carry out a historic tax overhaul approved last year, a key element of President Luiz Inacio Lula da Silva39;s strategy to foster growth in Latin America39;s largest economy. The Finance Ministry said in a statement the bill contains most of the […]

LONDON, April 25 Reuters Real estate deals in Europe fell through in their highest numbers since the global financial crisis in the first quarter of 2024, data firm MSCI Real Assets said on Thursday, as economic uncertainty in the region continues to loom large. Europe39;s commercial property sector has been hammered in recent years by a punishing […]

SEOUL, April 25 Reuters The South Korean economy grew at the fastest pace in more than two years in the first quarter beating all estimates with a pickup in domestic consumption and robust exports, but the market questioned if the recovery was sustainable. Gross domestic product GDP for the JanuaryMarch quarter was 1.3 higher than […]

MUMBAI, April 25 Reuters The Reserve Bank of India39;s RBI increased scrutiny of banks and other financial firms has resulted in a spate of supervisory restrictions, most recently on Kotak Mahindra Bank, India39;s fourth largest private lender by assets. On Wednesday the RBI barred Kotak Mahindra Bank from taking on new customers digitally and issuing credit cards, […]

LONDON, April 25 Reuters From Nestle to Danone, food companies are seeing shoppers that want either premium or cheaper products, with less interest in items in the middle, particularly in developed markets like North America. The packaged goods industry has for over two years hit shoppers with higher prices, citing higher costs that started with the […]