News
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UK supermarket Morrisons' sales growth slows in tough market
Q3 like-for-like sales up 3.0% vs up 3.9% in Q2Facing 'significant cost headwinds' from higher taxesIndustry data shows Morrisons underperforming rivalsBy James Davey LONDON, Sept 17 (Reuters) - British supermarket group Morrisons reported a slowdown in third quarter underlying sales grow...Reuters
Wed, Sep 17
RPT-BREAKINGVIEWS-Chinese carmaker’s $1 bln IPO tests perilous roads
By Katrina Hamlin HONG KONG, Sept 17 (Reuters Breakingviews) - Chery Automobile is about to test whether investors have the stomach for the hazards facing China's carmakers. The country's largest autos exporter is about to make its market debut in Hong Kong at an equity value of up to $23...Reuters
Wed, Sep 17
RPT-BREAKINGVIEWS-Fed rate-cut will animate Trumpian paradox
By Gabriel Rubin WASHINGTON, Sept 16 (Reuters Breakingviews) - The U.S. Federal Reserve will be cutting both camaraderie and borrowing costs. This week’s meeting of the central bank’s monetary policymaking committee is on track to be one of the most contentious in recent memory, featuring newly i...Reuters
Wed, Sep 17
Ukraine's economic police need more to fight shadow economy, director says
Economic Security Bureau of Ukraine tasked with fighting shadow economyTax revenue critical to Kyiv's war effort and reconstructionESBU director says agency needs more resources to fight crimeBy Dan Peleschuk KYIV, Sept 17 (Reuters) - Ukraine's fledgling economic police need more resource...Reuters
Wed, Sep 17
UK's Barratt Redrow warns budget uncertainties heighten fiscal 2026 sales risks
Sept 16 (Reuters) - Britain's largest homebuilder Barratt Redrow BTRW.L on Wednesday said uncertainties from the UK's upcoming November 26 budget have added to sales risks for fiscal 2026 in a market already weighed by weak buyer confidence.With inflation still elevated, interest rates high,...Reuters
Wed, Sep 17
French Socialists press Macron's new government for major budget concessions
Socialists have leverage as Lecornu seeks supportSocialists want to scrap pension reform, propose new wealth taxPoll shows majority of French support Socialists' proposalsFrance is under pressure to reduce budget deficitBy Mathias de Rozario and Dominique Vidalon PARIS, Sept 17 (Reuters) - ...Reuters
Wed, Sep 17
Federal Reserve set to slash interest rates, dot plot to signal more cuts to come
The United States (US) Federal Reserve (Fed) will announce monetary policy decisions and publish the revised Summary of Economic Projections (SEP), the so-called dot plot, following the September policy meeting on Wednesday.Fxstreet
Wed, Sep 17
Bank of Canada likely to cut interest rate by 25 basis points
Economists expect another 25 bps cut in October or DecemberCanadian economy has lost over 100,000 jobs in last two monthsSwaps markets see over 91% chance for September 17 rate cutBy Promit Mukherjee OTTAWA, Sept 17 (Reuters) - The Bank of Canada is expected to cut interest rates by 25 basis poin...Reuters
Wed, Sep 17
Fed's new projections to account for turbulent period as Miran joins debate
New economic, rate projections could reflect job market concernsMiran's addition to Fed board could add dovish tilt to 'dot plot'Outlook will update 'stagflation' concerns from June projectionsBy Howard Schneider and Ann Saphir WASHINGTON, Sept 17 (Reuters) - The end of the Fe...Reuters
Wed, Sep 17
UK CPI Holds Steady in August — Central Bank Warns of 4% Peak in September! Why Is Inflation So Sticky?
TradingKey - Data released on Wednesday showed that the UK’s Consumer Prices Index (CPI) rose 3.8% year-on-year in August, unchanged from July and remaining at an 18-month high.TradingKey
Wed, Sep 17
French Socialists press Macron's new government for major budget concessions
Socialists have leverage as Lecornu seeks supportSocialists want to scrap pension reform, propose new wealth taxPoll shows majority of French support Socialists' proposalsSocialist leader says the party is open to compromisesBy Benoit Van Overstraeten and Mathias de Rozario PARIS, Sept 17 (Re...Reuters
Wed, Sep 17
China's January-August fiscal revenue up 0.3% y/y
BEIJING, Sept 17 (Reuters) - China's fiscal revenue increased 0.3% in the first eight months of 2025 from a year earlier after a 0.1% gain in the January-July period, finance ministry data showed on Wednesday.Fiscal expenditure was up 3.1% on the year in the January-August period, comparing with...Reuters
Wed, Sep 17
