News And Announcements
Black Friday boosts retail footfall
Retail footfall sparked in November, industry data showed on Thursday - boosted by Black Friday - although it remains well below pre-pandemic levels.
Fed's Powell says rate hikes may slow, but path of inflation 'highly uncertain'
The head of the US central bank opened the door to a downshift in the pace of interest rate hikes as soon as December.
High Court sets date for Octopus takeover of Bulb
Octopus Energy’s planned takeover of collapsed energy retailer Bulb was given the go-ahead by the High Court on Wednesday, as other suppliers rushed to try and block the sale.
US private sector hiring slows in November, ADP says
Hiring in the US slowed by more than expected in November, the results of a survey showed.
German unemployment rises in November
German unemployment rose in November, according to official data released on Wednesday.
Ofgem calls for more investment in local grids, freezes bills
Ofgem said on Wednesday that the UK’s electricity distribution companies must continue to invest in local energy networks without increasing household bills.
Eurozone inflation eases more than expected in November
Eurozone inflation eased more than expected in November, according to a flash estimate released on Wednesday by Eurostat, paving the way for a 50 basis points rate hike by the European Central Bank.
China factory activity shrinks more than expected amid Covid curbs
China’s manufacturing activity shrank faster than expected in November as Covid restrictions took their toll, according to data released on Wednesday by the National Bureau of Statistics.