Stuff that matters
German industrial production contracted in August, official data showed on Friday, as supply bottlenecks remain due to ongoing pandemic-related distortions and the war in Ukraine. Industrial output fell by 0.8% …
German industrial output declines in August Read More
EU antitrust regulators are asking games developers whether Microsoft (MSFT.O) will be incentivised to block rivals’ access to “Call of Duty” maker Activision Blizzard’s (ATVI.O) best-selling games, according to an …
EU wants to know if Microsoft will block rivals after Activision deal Read More
A look at the day ahead in European and global markets from Ankur Banerjee Samsung and AMD became the latest to flag a steep downturn in chip demand as people …
Morning Bid: Get the munchies, pass on the chips Read More
The Reserve Bank of India likely sold dollars via state-run banks on Friday after the rupee slid below 82 to a record low against the dollar on concerns over the …
India’s RBI sells dollars as rupee hits record low on U.S. rate hike fears Read More
India’s rupee will trade near its record low against the mighty greenback beyond this year, buffeted by rising oil prices and an aggressive U.S. Federal Reserve rate-hiking campaign, according to …
No peace for India’s rupee as mighty dollar thunders on Read More
Indonesia’s foreign exchange reserves fell by $1.4 bln last month to $130.8 bln due to payments of foreign debt and the central bank’s effort to stabilise the rupiah currency, Bank …
Indonesia’s forex reserves drop to $130.8 bln at end-September Read More
Amazon.com Inc (AMZN.O) will stop live tests of its automated delivery robot “Amazon Scout”, a company spokesperson said in an emailed statement on Thursday, after the U.S. retailer realized the …
Amazon abandons live tests of Scout home delivery robot Read More