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After rescue deal, Siemens Energy unveils massive loss
After rescue deal, Siemens Energy unveils massive loss
by  AFP

Siemens Energy reported a 4.59-billion-euro ($5-billion) annual loss Wednesday, dragged down by a crisis in its wind power unit, a day after a government-backed rescue package was unveiled for the German group.

UK inflation falls sharply, relieving pressure on PM Sunak
UK inflation falls sharply, relieving pressure on PM Sunak
by  AFP

UK inflation fell more than expected in October, data showed Wednesday, easing a cost-of-living crisis and relieving pressure on Prime Minister Rishi Sunak. US consumer inflation cooled more than expected last month, government data showed Tuesday.

China retail sales surge in October but economy remains sluggish
China retail sales surge in October but economy remains sluggish
by  AFP

Chinese retail sales grew in October at the fastest rate in five months, data showed Wednesday, boosted by an extended holiday at the start of the month, though other indicators pointed to still-sluggish demand in the world's number-two economy.

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