Page 2 - Auto Generated Alert News Today

Mexican annual inflation picked up faster than expected in April to its highest level in more than three years, moving well above the central bank's target level, official data showed on Friday.

By Reuters Staff 1 Min Read LONDON, May 20 (Reuters) - British home improvement retailer Kingfisher on Thursday raised its first half profit outlook as it continued to benefit from strong demand during the COVID-19 pandemic. The group, which owns B&Q and Screwfix in the United Kingdom and Castorama and Brico Depot in France and other markets, said it now expected first half adjusted pretax profit to be in the range of 580 million pounds to 600 million pounds ($818-$847 million). ($1 = 0.7087 po...

By Reuters Staff (Adds detail and background) PARIS, May 19 (Reuters) - Solutions 30 on Wednesday said it would issue a business update on May 21, not May 25 as planned, after France’s AMF market regulator called on the technology services group to publish its results. Shares in Solutions 30, which is headquartered in Luxembourg and listed in Paris, have been suspended since May 10. The company, which has a stock market value of around 1.1 billion euros ($1.4 billion), has filed a defamation ...

(Adds economist comments, Canadian dollar update) OTTAWA, May 4 (Reuters) - Canada’s trade balance shifted back to a deficit in March following two consecutive months of surplus as imports jumped significantly while exports edged up slightly, Statistics Canada said on Tuesday. Canada’s trade deficit with the world was C$1.1 billion ($892.21 million) in March. Analysts polled by Reuters had predicted a surplus of C$700 million after a revised C$1.42 surplus in February. Imports rose 5.5% to ...

By Reuters Staff 1 Min Read LONDON, May 14 (Reuters) - South African conglomerate Steinhoff said on Friday it had set the price of shares in discount retailer Pepco at 40 zlotys (8.8 euros) in its Warsaw listing, giving the company a market capitalisation of 23 billion zlotys. The pricing is towards the lower end of the 38 zloty to 46 zloty-per-share indicative price range. Pepco, which owns Poundland in the United Kingdom as well as the PEPCO and Dealz brands in Europe, trades from more than 3...

Canada's trade balance shifted back to a deficit in March following two consecutive months of surplus as imports jumped significantly while exports edged up slightly, Statistics Canada said on Tuesday.

By Reuters Staff 1 Min Read BEIJING, April 30 (Reuters) - Activity in China’s services sector grew at a slower pace in April but remained well in expansionary territory, official data showed on Friday, as the domestic consumption recovery continued. The official non-manufacturing Purchasing Managers’ Index (PMI) slipped to 54.9 from 56.3 in March, data from the National Bureau of Statistics (NBS) showed. The 50-point mark separates growth from contraction on a monthly basis. While the recov...

By Reuters Staff (Repeats to additional alerts) TOKYO, April 23 (Reuters) - Japan’s core consumer prices fell 0.1% in March from a year earlier, government data showed on Friday. The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists’ median estimate for a 0.1% annual fall. Stripping away the effect of fresh food and energy, consumer prices rose 0.3% in March from a year ago. (Reporting by Leika Kihara Editing by Chang-Ran Kim)

By Reuters Staff 1 Min Read LONDON, April 20 (Reuters) - Britain’s competition regulator said on Tuesday it was concerned the Issa brothers and private equity group TDR Capital’s 6.8 billion pound ($9.5 billion) takeover of the Asda supermarket chain could lead to higher fuel prices for UK motorists. The Competition and Markets Authority (CMA) said it has given the buyers five working days to offer legally binding proposals to address the competition concerns identified to avoid an in-depth...

By Reuters Staff 1 Min Read OTTAWA, March 12 (Reuters) - Canada added 259,200 jobs in February, the biggest increase since September 2020 and handily beating analyst estimates, and the unemployment rate fell to 8.2%, Statistics Canada data showed on Friday. Analysts had expected a gain of 75,000 jobs, with an unemployment rate of 9.2%. (Reporting by Julie Gordon in Ottawa; Editing by Alex Richardson)