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Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high

Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high

TOKYO (Reuters) -Japan’s core consumer inflation stayed well above the central bank’s 2% target in April and a key index s..

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RICH, Wanda · May 19, 2023 · 3 min read

Ripple buys crypto custody firm Metaco for $250 million

Ripple buys crypto custody firm Metaco for $250 million

(This May 17 story has been corrected to clarify that the token is called XRP, not Ripple, in paragraph 9) LONDON (Reuters) – U...

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RICH, Wanda · May 18, 2023 · 2 min read

Burberry shares drop as weak US demand overshadows China rebound

Burberry shares drop as weak US demand overshadows China rebound

LONDON (Reuters) -British luxury fashion brand Burberry on Thursday reported stronger-than-expected fourth quarter sales driven by a r..

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RICH, Wanda · May 18, 2023 · 2 min read

Aston Martin stock soars after $295 million on Geely investment

Aston Martin stock soars after $295 million on Geely investment

(Reuters) -Aston Martin’s stock popped nearly 22% on Thursday, after the luxury carmaker announced a 234 million pound investmen..

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RICH, Wanda · May 18, 2023 · 2 min read

Japanese businesses pledge UK investment ahead of Sunak meeting

Japanese businesses pledge UK investment ahead of Sunak meeting

LONDON (Reuters) – Japanese businesses have committed to invest almost 18 billion pounds ($23 billion) in Britain ahead of a mee..

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RICH, Wanda · May 18, 2023 · 1 min read

Australia’s push for faster EV uptake will be slow to charge

Australia’s push for faster EV uptake will be slow to charge

(This May 17 story has been corrected to say the rollout of chargers started small due to grid issues, not scaled back due to grid iss..

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RICH, Wanda · May 18, 2023 · 4 min read

Credit Suisse bond wipe-out will not trigger credit insurance payout

Credit Suisse bond wipe-out will not trigger credit insurance payout

LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates o..

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RICH, Wanda · May 18, 2023 · 3 min read

UK has held productive discussions with EU over car tariffs – minister

UK has held productive discussions with EU over car tariffs – minister

LONDON (Reuters) – Britain has had productive discussions with the European Union about changing trading arrangements for car ma..

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RICH, Wanda · May 17, 2023 · 1 min read

Mitchells & Butlers pub group says costs start to ease

Mitchells & Butlers pub group says costs start to ease

(Reuters) -British pub and restaurant group Mitchells & Butlers PLC reported a fall in half-year profits on Wednesday and said sup..

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RICH, Wanda · May 17, 2023 · 2 min read

Low unemployment amongst young driving demand, says JD Sports boss

Low unemployment amongst young driving demand, says JD Sports boss

LONDON (Reuters) – Historically low unemployment for the young is driving demand for JD Sports Fashion’s trainers, joggers..

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RICH, Wanda · May 17, 2023 · 2 min read