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#German inflation rose slightly in April due to higher food prices and a smaller drop in energy prices than in previous months, preliminary data from the federal statistics office showed on Monday. #German consumer prices, #harmonised to compare with other European #Union countries, rose 2.4% in April, compared with 2.3% year-on-year in March. “The […]
German inflation creeps up to 2.4% in April : Read More »
#McDonald’s is set to report a sequential drop in sales growth for the fourth straight quarter as low-income consumers remain hesitant about eating out even as fast-food chains battle to lure them with value menu items. The #burger giant will report first-quarter results on Tuesday, kicking off earnings for #usa_restaurant chains, with top players such
McDonald’s set for weak sales growth as US fast-food chains grapple with muted traffic : Read More »
The #National_Highway_Traffic_Safety Administration is opening an investigation into Ford Motor’s hands-free driving technology #BlueCruise after two fatal crashes involving #Mustang Mach-E SUVs striking parked vehicles, the agency said on Monday. The agency’s preliminary evaluation into 130,000 2021-2024 #Ford Mustang Mach-E vehicles is the first step to determine whether the vehicles pose an unreasonable risk
US opens probe into 130,000 Ford vehicles over hands-free tech : Read More »
#Oil_prices dipped on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed the prospect of interest rate cuts soon. #brent_crude futures for June, which expire on Tuesday, were down by 70 cents, or 0.8%, to $88.80 a barrel by 1245 GMT. The more active
Oil dips on Israel-Hamas peace talks, slim near-term US rate cut hopes : Read More »
#Philip_Morris #International’s goals for heated tobacco in the #United_States are #reachable, #analysts and #investors say, even though rivals see limited potential in a market where vaping dominates. The world’s biggest tobacco company by market value will launch its flagship heated tobacco device #IQOS in the U.S. in the second quarter, developing the brand pretty
Philip Morris faces key test with US heated tobacco push : Read More »
After the pair surged into overbought territory, it began to exit that zone and reversed the upward movement that had lasted for a long period. On the 4-hour timeframe, we find that the #price is currently trading below the #MA line, and a candle has closed below it, indicating further downside potential. This is
#Technical #analysis of the #CHF/#JPY pair : Read More »
#Joe_Biden spoke on Sunday with Israeli Prime Minister Benjamin Netanyahu and “reiterated his clear position” on a possible invasion of the Gaza border city of Rafah, the #White_House said. A statement issued by the White House did not give more details of that part of the conversation. Washington has said that it could not
Biden reiterated position on Rafah in Netanyahu call, says White House : Read More »
#Nigeria secured a $600 #million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk, the presidency said in a statement on Sunday. The investment was secured during a meeting between President Bola Tinubu and Moller-Maersk Chairman Robert Maersk Uggla on the sidelines of a World Economic Forum meeting in Saudi Arabia. “We believe
Nigeria secures $600 million Maersk investment in seaport infrastructure : Read More »
#Deutsche_Bank said on Sunday that it would “#carefully assess” options for a possible #settlement in litigation over its takeover of #Postbank that has required it to make provision for claims of up to 1.3 #billion_euros ($1.39 #billion). #Germany’s largest lender made the statement as part of a Q&A for investors posted on its website.
Deutsche Bank to assess options for possible Postbank settlement : Read More »
#Hong_Kong-based insurer #AIA Group on Monday posted a 31% rise in its first-quarter value of new business (#VONB) on a constant #exchange currency basis helped by strong performance across segments, and announced an additional $2 #billion share #buyback. #AIA Group also announced an “enhanced capital management policy” under which it will target payout of
Insurer AIA’s Q1 new business value rises 31%, announces $2 billion buyback : Read More »