Business, General Russia braced for mammoth rate hike amid fears it’s losing the battle against inflation December 16, 2024 Russia’s central bank is expected to carry out a mammoth rate hike later this week as inflation continues to soar in the war-focused economy.
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Hugo Boss shares plunge 10% as firm cuts 2024 guidance amid slumping China demand Shares of Hugo Boss fell 10% in morning trade Tuesday after the company cut its sales outlook.
China’s consumer inflation slows further in December, stoking deflation worries China’s consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics…