News
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Cognac-maker Remy flags deeper than expected annual sales fall
Shares fall 3.4%Cognac sales better than expectedInvestor reassured somewhat by longer-term growth expectationAdds share performance in paragraph 6, investor quote in paragraphs 7-8 and CFO quotes in paragraphs 11-13By Dominique Vidalon and Emma Rumney PARIS/LONDON, Jan 29 (Reuters) - Remy Cointr...Reuters
Jan 29, 2025
Argentina deregulation tsar: Milei's 'chainsaw' cuts to go deeper in 2025
Federico Sturzenegger heads deregulation ministryPledges 'chainsaw 2.0' of more red-tape cuts in 2025Argentina posted first budget surplus in 14 yearsPlans to cut regulations on electric car charging soonBy Lucinda Elliott BUENOS AIRES, Jan 29 (Reuters) - Argentina's deregulation tsar...Reuters
Jan 29, 2025
FACTBOX-Brokerages expect Fed to pause its rate-cut cycle in first policy meeting of 2025
Updates throughout Jan 29 (Reuters) - Most brokerages continue to expect a slower pace of interest rate cuts from the U.S. Federal Reserve in 2025, with a majority pointing to a pause in rate cut at its policy meeting due later on Wednesday.Recent economic data, including the jobs report and a ri...Reuters
Jan 29, 2025
SEK: Riksbank to cut, but terminal rate close – ING
The Riksbank has already reduced rates by 150bp since last May, and these cuts are starting to show early signs of success, with high-frequency indicators and the housing market having rebounded quite markedly of late, ING's FX analyst Francesco Pesole notes.
New year, same gloom for German consumer sentiment, GfK survey shows
Inflation, job concerns weigh on sentimentNo sign of sustainable recovery, NIM analyst saysBy Miranda Murray BERLIN, Jan 29 (Reuters) - German consumer sentiment is set to dip heading into February due to growing pessimism among households about the economy and their income prospects, with no sus...Reuters
Jan 29, 2025
