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Deutsche Bank CEO Warns of Looming Economic Challenges for Germany - Vimarsana News

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.

European retailers risk dressing-down from investors as consumers flinch - Vimarsana News

European retailers risk dressing-down from investors as consumers flinch

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...

Analysis-European retailers risk dressing-down from investors as consumers flinch - Vimarsana News

Analysis-European retailers risk dressing-down from investors as consumers flinch

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...

Source: yahoo.com
Wall Street Stock Exchange : Stocks end mixed; Dow up for 10th straight day - Vimarsana News

Wall Street Stock Exchange : Stocks end mixed; Dow up for 10th straight day

STORY: U.S. stocks ended mixed on Friday, but while the Dow Industrial Average inched up only marginally it still managed to notch its 10th straight day of gains, the longest such rally in almost six...

June CPI report live updates: Inflation slows for 12th straight month - Vimarsana News

June CPI report live updates: Inflation slows for 12th straight month

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,