Toronto home prices fall 1% in November; down roughly 19% from peak
Home prices in the Greater Toronto Area (GTA) fell in November as rapidly rising interest rates weighed on the city’s once-red-hot housing market, data from
Category: Business
Samsung, LG plan multi-billion-dollar additional investment in Vietnam
South Korean electronics giants Samsung (005930.KS) and LG (066570.KS) plan to pour billions of dollars of additional investment into Vietnam, the Vietnamese government said on
Australia’s Big Four banks pass c.bank rate hike to home loan customers
All of Australia’s “big four” banks said on Tuesday they will raise their home loan rates by a quarter-point, passing on the central bank’s eighth
Mercedes to double electric motor output at Untertuerkheim – WiWo
Mercedes-Benz (MBGn.DE) is to double production capacity for electric motors to 1 million units at its Untertuerkheim plant, which has traditionally focused on combustion engines,
EssilorLuxottica signs 10-year licensing agreement with Swarovski
EssilorLuxottica (ESLX.PA) signed an exclusive licensing agreement with Swarovski Eyewear, the Franco-Italian eyewear maker said on Tuesday. The collaboration’s first collection, to be developed under
ECB needs more rate hikes but inflation close to peak, chief economist says
The European Central Bank will have to raise interest rates several more times to tame price pressures, even if headline inflation is now close to
Australia central bank raises rates to 10-year high, says more needed
Australia’s central bank on Tuesday raised interest rates to a 10-year high and stuck with its projection that more hikes are needed to cool inflation,