Tomasz Janowski

1 week ago | gurutrade.com | Qiaoyi Li |Zhang Yan |Tomasz Janowski

BEIJING, June 20 (Reuters) - China's Geely said on Friday it and its parent Geely Holding (GEELY.UL) would take a combined 26.4% stake in a joint venture controlled by its French partner Renault as the two seek to produce and sell cars jointly in Brazil. The two automakers have entered an agreement that would see Renault take 73.57% in the venture that would focus on producing and distributing cars in Brazil under the Renault and Geely brands.

1 week ago | gurutrade.com | Dave Graham |Tomasz Janowski

SNB cuts rates due to falling inflation and strong franc SNB anticipates weaker global growth, rising U.S. inflation Analysts suggest SNB may pause rate cuts unless economy worsens ZURICH, June 19 (Reuters) - The Swiss National Bank cut its interest rate to zero on Thursday in response to falling inflation, appreciation pressure on the Swiss franc and economic uncertainty caused by the U.S. administration's unpredictable trade policy.

1 week ago | today.westlaw.com | Tomasz Janowski |Enes Tunagur |Alex Lawler

LONDON (Reuters) -Stricter environmental regulations and slower global economic growth will soften marine fuel demand in the coming years, the International Energy Agency said in its annual report on Tuesday.

1 week ago | gurutrade.com | Tomasz Janowski

NEW DELHI, June 16 (Reuters) - India's unemployment rate rose to 5.6% in May from 5.1% in April, partly due to a drop in farm activity after the end of the harvest season, the statistics ministry said on Monday. This was the second monthly release of India's labour force data covering both urban and rural areas. Previously, the government published employment data on a quarterly basis for urban regions and annually for both urban and rural areas.

2 weeks ago | gurutrade.com | Miranda Murray |Tomasz Janowski

BERLIN, June 13 (Reuters) - The number of regular insolvencies in Germany fell by 0.7% year-on-year in May, its first decrease in more than two years, Federal Statistics Office data showed on Friday. "This was the first year-on-year decline in this leading indicator since March 2023," said the office, without giving an explanation for the fall. The monthly preliminary figure is based on insolvency announcements from all local courts in Germany.