Deutsche Bank CEO Warns of Looming Economic Challenges for Germany
Deutsche Bank CEO Christian Sewing issued a dire warning for Germany's economic future at the Handelsblatt Banking Summit 2023 on Wednesday.
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Deutsche Bank CEO Christian Sewing issued a dire warning for Germany's economic future at the Handelsblatt Banking Summit 2023 on Wednesday.
European retailers have been unlikely stock market stars this year, but a long spell of high borrowing costs and inflation has started to bite, so wary investors will be looking for reassurances from...
European retailers have been unlikely stock market stars this year, but a long spell of high borrowing costs and inflation has started to bite, so wary investors will be looking for reassurances from the likes of H&M and Zara-owner Inditex when they issue business updates this week. Last year, investors and strategists expected retailers' margins to take a hit, as inflation eroded households' discretionary spending and some of the region's heavyweights warned of tough months ahead. The broader STOXX 600 is up by 7% this year, meaning retailers are outperforming by the mos...
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The CPI report showed inflation fell to 3% as grocery price increases eased. Taking out gas and food, price gains eased more than expected but stayed elevated,