German exports rose slightly more than expected in August despite a cooling global economy, rising interest rates and material shortages, the statistics office said on Wednesday. Stronger demand from the…
Category: Business
SAS tweaks leases for 36 aircraft to cut costs
Crisis-hit airline SAS (SAS.ST) said on Wednesday it had reached agreements with 10 of its lessors representing 36 aircraft to amend the terms of existing lease contracts. The Scandinavian carrier…
More German companies plan to raise prices – Ifo
An increasing number of German companies are planning to raise their prices, the Ifo economic institute said on Wednesday, adding that this likely meant inflation was not about to cool.…
Thai inflation rate slows in September, c.bank seen hiking further
Thailand's headline inflation rate was less than expected in September, decelerating from the previous month, data showed on Wednesday, but above-target consumer prices reinforced expectations of a further interest rate…
Henkel chief executive says clouded economic outlook makes planning tough
A clouded economic outlook means it is impossible for Henkel (HNKG_p.DE) to plan for the coming weeks with certainty at the moment, the chief executive of the chemical and consumer…
Rate hike bonanza among major central banks hits two decade peak in September
Major developed central banks delivered in September rate hikes at a pace and scale not seen in at least two decades, ramping up their fight against multi-decade high inflation with…
Taiwan vows to protect its firms’ interests at U.S.-led ‘Chip 4’ group
Taiwan will use the new U.S.-led "Chip 4" group to safeguard the interests of Taiwanese companies and to ensure supply chain resilience, a deputy minister said on Wednesday, though he…