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BERLIN (Reuters) – European Union antitrust rules could be reformed to introduce a two-stage review of mergers that would examine competition issues and then broader public interests, said the head of a German commission tasked with coming up with reforms proposals pure silver cufflinks. Germany and France want to overhaul EU mergers rules following the European Commission’s veto of efforts by Siemens and Alstom to create a European rail champion to compete with larger foreign rivals. Achim Wambach, who heads the German commission charged with presenting reform proposals, said a two-stage review of mergers could first look at competition issues and then at broader public interests – such as security issues and the impact on consumers..
“One could imagine that an authority examines the competition issues, and then one could, for example, apply to the EU Commission for a ‘commission permit’, which also takes into account the wider public interest,” Wambach, also head of Germany’s Monopolies Commission, told Reuters pure silver cufflinks. France and Germany are pushing for a reform of EU competition rules to take a more global rather than solely European view of mergers and potentially to allow EU ministers to have a say..
WASHINGTON, Feb 14 (Reuters) – U.S. producer prices fell for a second straight month in January, leading to the smallest annual increase in 1-1/2 years, the latest sign of benign inflation that could allow the Federal Reserve to be patient about raising interest rates this year. The Labor Department said on Thursday its producer price index for final demand dipped 0.1 percent last month as the cost of energy products and food fell pure silver cufflinks. The PPI dipped 0.1 percent in December. In the 12 months through January, the PPI rose 2.0 percent. That was the smallest gain since July 2017 and followed a 2.5 percent rise in December. Economists polled by Reuters had forecast the PPI edging up 0.1 percent in January and increasing 2.1 percent on a year-on-year basis..
A key gauge of underlying producer price pressures that excludes food, energy and trade services rose 0.2 percent last month after being unchanged in December. The so-called core PPI increased 2.5 percent in the 12 months through January, the smallest gain since January 2018, after rising 2.8 percent in December. The report came on the heels of data on Wednesday showing consumer prices were unchanged in January for a third straight month. Inflation remains tame despite a tightening labor market that is starting to push up wage growth, buttressing the Fed’s pledge to be “patient” before raising interest rates further pure silver cufflinks.
WASHINGTON, Feb 14 (Reuters) – The number of Americans filing applications for unemployment benefits unexpectedly rose last week, pushing the four-week moving average of claims to its highest level in just over a year, suggesting some moderation in job growth. Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 239,000 for the week ended Feb. 9, the Labor Department said on Thursday. Data for the prior week was revised up to show 1,000 more applications received than previously reported pure silver cufflinks.