China's July PPI +4.2% y/y, CPI +2.7% y/y

China's factory-gate inflation eased to its lowest since February 2021, as raw material prices fell due to already slower construction activity, while consumer prices rose gently, bucking the sharp increases seen elsewhere.

newspaper

10-08-2022

Japan's wholesale inflation moderates on easing global commodity pressure

TOKYO (Reuters) -Japanese wholesale prices rose 8.6% in July from a year earlier, data showed on Wednesday, slowing from the previous month's pace in a sign inflationary pressure from higher fuel and raw material costs was easing.

newspaper

10-08-2022

Meta raises $10 billion in first-ever bond offering

Facebook-parent Meta Platforms Inc said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.

newspaper

09-08-2022

Trump seizes on FBI raid to boost 2024 presidential bid

Hours after denouncing the FBI's raid on his Florida home as political persecution, former President Donald Trump released a campaign-style video that may be the strongest hint yet that he plans to run against President Joe Biden in 2024.

newspaper

09-08-2022

U.S. utility MDU Resources backs its strategy after Meister's Corvex takes stake

MDU Resources Group Inc is confident in its current strategy, the company said on Tuesday, after activist investor Corvex Management unveiled a nearly 5% stake in the U.S. utility.

newspaper

09-08-2022

Italy's Generali, UnipolSai to appeal misconduct fine

MILAN (Reuters) -Italian insurers Generali and UnipolSai said on Tuesday they would appeal against the competition regulator's decision to fine them 5 million euros ($5.1 million) each for unfair commercial practices.

newspaper

09-08-2022

Italy watchdog fines UnipolSai, Generali for unfair commercial practices

MILAN (Reuters) -Italy's competition authority AGCM fined Generali and UnipolSai, the country's two top insurance groups, five million euros ($5.1 million) each for allegedly carrying out unfair commercial practices, the authority said on Tuesday.

newspaper

09-08-2022

Italy's antitrust fines UnipolSai, Generali over unfair commercial practices

Italy's competition authority AGCM fined insurance groups UnipolSai and Generali 5 million euros ($5.10 million) each for allegedly carrying out unfair commercial practices, the authority said on Tuesday.

newspaper

09-08-2022