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British inflation climbs to 0.6% after Brexit vote

  London / AFP Britain’s annual inflation rate edged higher last month, official data showed on Tuesday, and is set to climb further as a weak pound caused by the Brexit vote raises import prices. The 12-month Consumer Price Index rose by 0.6 percent in July, the Office for National Statistics said in a statement. CPI had risen by 0.5 ...

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Linde, Praxair discuss merger

  Berlin / AFP German industrial gas supplier Linde and its US competitor Praxair “are discussing a merger of equals”, a source close to the matter said on Tuesday, confirming a Wall Street Journal report. A potential tie-up between the two companies would create a giant that would overtake French group Air Liquide as the world’s number one supplier of industrial ...

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German investor sentiment surges as Brexit shock eases

  Berlin / AFP Investor confidence in Germany rebounded slightly in August, as the shock over Britain’s vote to leave the European Union began to wear off, a leading survey showed on Tuesday. The investor confidence index calculated by the ZEW economic institute gained 7.3 points to stand in positive territory at 0.5 points in August, recovering from a massive ...

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