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UK inflation holds at 4.0 percent in January: data
UK inflation holds at 4.0 percent in January: data
by  AFP

Britain's annual inflation rate remained unchanged in January from the previous month, confounding expectations for an acceleration, official data showed on Wednesday. Analysts said Wednesday's data showed that the central bank could decide to cut its main interest rate from 5.25 percent in the coming months.

Most of Asia tracks Wall St down as US data dents rate cut hopes
Most of Asia tracks Wall St down as US data dents rate cut hopes
by  AFP

Most Asian equities sank Wednesday, tracking a sell-off on Wall Street, as a forecast-topping US inflation report dealt a hefty blow to hopes for an early interest rate cut. In that case, it's unlikely that the Federal Reserve will cut interest rates in May."

Bitter year for Heineken as inflation hits profits, beer sales
Bitter year for Heineken as inflation hits profits, beer sales
by  AFP

Dutch brewer Heineken on Wednesday reported a drop in annual profits as beer volumes declined in "challenging market conditions" including high inflation. In its home market of the Netherlands, the Dutch brewery association said that beer sales overall fell by more than five percent in 2023 due to poor summer weather and inflation.

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