News & Analytic Centre

French Economy Expanded 0.4 in Q3, INSEE Says

PARIS, Oct 30 Reuters French economic growth beat estimates by accelerating by 0.4 in the third quarter 2024 from 0.2 in the second quarter because of impact of the Paris Olympic Games, preliminary data from statistics agency INSEE showed on Wednesday. Economists polled by Reuters had an average forecast of 0.3 for third quarter gross […]
Read More

Spains EUHarmonised 12mth Inflation Rises to 1.8 in Oct

Oct 30 Reuters Spain39;s European Unionharmonised 12month inflation rate rose to 1.8 in October from 1.7 in the period through September, preliminary data released by the National Statistics Institute INE, showed on Wednesday. The 12month EUharmonised inflation was in line with the 1.8 expected by analysts polled by Reuters. Annual core inflation, which strips out […]
Read More

Caixabank Chairman to be Replaced by Deputy, Source Says

Jose Ignacio Goirigolzarri to resign at board meeting Deputy chairman Tomas Muniesa to take over Changes come ahead of bank39;s strategic plan in November MADRID, Oct 30 Reuters The deputy chairman of Caixabank, Tomas Muniesa, is set to succeed Jose Ignacio Goirigolzarri as chairman of Spain39;s biggest lender by domestic assets, a source with knowledge […]
Read More

Saudi Energy Minister Commits to Crude Capacity Levels and Climate Targets

Kingdom commits to daily crude capacity Saudi Arabia to refresh national climate pledge Carbon exchange announcement expected RIYADH, Oct 29 Reuters Saudi Arabia is committed to maintaining crude capacity at 12.3 million barrels per day, Energy Minister Prince Abulaziz bin Salman said on Tuesday. Speaking at the Future Investment Initiative FII conference in Riyadh, he said the […]
Read More

Most Gulf Markets Gain on Earnings; Geopolitics Weigh

Oct 29 Reuters Most stock markets in the Gulf ended higher on Tuesday as a slew of corporate earnings lifted investor sentiment, although regional tensions limited gains. Saudi Arabia39;s benchmark index edged 0.1 higher, helped by a 1.4 rise in Al Rajhi Bank and a 3.1 increase in Saudi Arabian Mining Company. Elsewhere, Mobile Telecommunications Saudi Arabia, […]
Read More

TSX Flat as Mining Gains, Higher Yields Add Strain

Oct 29 Reuters Canada39;s main stock index was muted on Tuesday as a rise in longterm bond yields pressured ratesensitive stocks like utilities and limited overall gains led by mining shares, while investors awaited earnings from megacap Alphabet. The SPTSX composite index was up 8.98 points, or 0.04, at 24,574.64. The materials sector added 1 as gold […]
Read More