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Logitech says production shift out China to reduce tariff impact going well
ZURICH, July 30 (Reuters) - Logitech International LOGN.S is making good progress on shifting its production lines out of China to reduce the impact of U.S. tariffs on its computer peripherals, Chief Executive Hanneke Faber said on WednesdayThe changes were announced in April to lessen the impact of...Reuters
Wed, Jul 30
Chinese trade diversion from US would cut euro zone inflation, ECB blog says
FRANKFURT, July 30 (Reuters) - A major flow of Chinese trade away from the United States would likely lower euro zone inflation next year, when price growth is already set to undershoot the 2% target, a European Central Bank blog post said on Wednesday.China is negotiating a trade deal with the U.S....Reuters
Wed, Jul 30
Euro zone growth holds up better than feared in Q2
Q2 growth 0.1% vs expectations for no changeSpain and France outperform, while Germany and Italy contractServices holding up, manufacturing recoveringInvestors see growing chance of no further ECB rate cutsBy Balazs Koranyi FRANKFURT, July 30 (Reuters) - Euro zone economic growth held up better t...Reuters
Wed, Jul 30
German GDP contracts in Q2 as pre-tariff boost ends
By Maria Martinez BERLIN, July 30 (Reuters) - Germany's economy contracted by 0.1% in the second quarter, data showed on Wednesday, as demand from the United States slowed following months of strong purchases in anticipation of U.S. tariffs. The contraction was in line with forecasts, ...Reuters
Wed, Jul 30
Three groups eyeing bids for Sapporo's $2.7 billion property business, sources say
By Miho Uranaka and Kane WuTOKYO/HONG KONG, July 30 (Reuters) - Three groups including Bain Capital and KKR KKR.N are preparing to bid for Sapporo Holdings' 2501.T real estate business, according to two sources familiar with the matter. The sale price is expected to be around 400 billion yen ($2...Reuters
Wed, Jul 30
