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Argentina’s corn exports set for record, as war in Ukraine, European heat wave reshape trade
3+ day, 13+ hour ago (521+ words) BUENOS AIRES, Sept 9 (Reuters) – Argentina’s corn exports are expected to reach a record 10 million metric tons in August and September, driven by a bumper harvest and strong international demand as buyers seek alternatives to Ukrainian supplies disrupted by war and…...
German August inflation confirmed at 2.9%
3+ day, 13+ hour ago (60+ words) 1027wbow.com German August inflation confirmed at 2.9% BERLIN, Sept 10 (Reuters) – German inflation accelerated to 2.9% in August, the federal statistics office said on Thursday, confirming preliminary data. Germany’s consumer prices, harmonised to compare with other European Union countries, stood at 2.8% year on…...
Exclusive-South Korean FX authorities bought $20 billion in repatriated SK Hynix funds, source says
1+ week, 4+ day ago (347+ words) SEOUL, Sept 2 (Reuters) – South Korean foreign exchange authorities bought about $20 billion in U.S. dollars that SK Hynix sold after its $26.5 billion American depositary receipt listing in July, a source with direct knowledge of the matter said on Wednesday. The Foreign…...
US private payroll growth slows in August as manufacturing sheds jobs
1+ week, 4+ day ago (375+ words) WASHINGTON, Sept 2 (Reuters) – U.S. private payrolls increased less than expected in August as strength in the education and health services sector was offset by job losses in manufacturing and a few other industries. Private employment rose by 38,000 jobs last month…...
Summer heatwaves could shave 0.1 percentage points from 2026 French economic growth -ministry
1+ week, 4+ day ago (222+ words) PARIS, Sept 2 (Reuters) – This summer’s successive heatwaves could shave 0.1 percentage points off French economic growth on average this year, the Finance Ministry said on Wednesday. The ministry, however, stressed this was just a mere estimate at this stage and not…...
Brazil’s Congress approves tax exemptions to attract data center investments
1+ week, 4+ day ago (153+ words) BRASILIA, Sept 1 (Reuters) – Brazil’s Congress on Tuesday approved a bill exempting data-center-related equipment from federal taxes, part of the government’s plan to lure such projects to the country. • The Senate approved the bill on Tuesday, following a previous greenlight from…...
Trump on Warsh: He’ll do what he has to do
1+ week, 5+ day ago (155+ words) By Steve Holland and Bo Erickson WASHINGTON, Aug 31 (Reuters) – U.S. President Donald Trump on Monday told reporters in the Oval Office he has a lot of respect for Federal Reserve Chairman Kevin Warsh and that “he’ll do what he has…...
German inflation accelerates in August, core stabilises
1+ week, 5+ day ago (477+ words) BERLIN, Aug 31 (Reuters) – German inflation rose in August on higher energy prices due to the Iran conflict, but the increase was less than expected and core inflation stabilised, easing concerns that price pressures from the war could spread more widely…...
Italy’s population to shrink by 4 million by 2050, stats agency says
1+ week, 5+ day ago (292+ words) ROME, Aug 31 (Reuters) – Italy’s population will shrink by almost 4 million by 2050, undermining the sustainability of its economy and welfare system as the proportion of elderly people increases, national statistics bureau ISTAT warned on Monday. In new demographic projections extending to…...
China’s Xi tells Putin that foundations of ties will be stronger
1+ week, 5+ day ago (151+ words) 102.7 WBOW China’s Xi tells Putin that foundations of ties will be stronger BEIJING, Aug 31 (Reuters) – Chinese President Xi Jinping on Monday told Russian President Vladimir Putin that under their “strategic guidance and joint efforts”, the foundations of bilateral ties will…...