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Reuters

Reuters

  • Business News

    India’s RBI may hike repo rate to 6.75% in 2023 – IDBI Bank’s Arun Bansal

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Siddhi Nayak and Dharamraj Dhutia MUMBAI (Reuters) – The Reserve Bank of India could take the key policy rate to 6.75% next year, as core inflation stays elevated and …

  • US and World News

    Kremlin says no chance of Ukraine talks as Zelenskiy travels to Washington

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    MOSCOW (Reuters) – The Kremlin said that nothing good would come from Ukrainian President Volodymyr Zelenskiy’s trip to Washington on Wednesday and that Russia saw no chance of peace talks …

  • Business News

    Rouble slumps to weakest vs dollar since May

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Alexander Marrow MOSCOW (Reuters) -The rouble plunged to its weakest level since early May past 70 against the dollar on Wednesday, taking its monthly losses to almost 14% as …

  • Business News

    Analysis-Opaque energy prices muddy euro inflation picture

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Yoruk Bahceli and Valentina Consiglio AMSTERDAM/ROME (Reuters) -Statistics offices across the euro zone are looking to revise the way they build retail energy prices into their official inflation calculations …

  • US and World News

    Peru orders Mexico’s ambassador out as diplomatic spat deepens

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Diego Oré and Marco Aquino MEXICO CITY/LIMA (Reuters) -Peru declared Mexico’s ambassador to Lima “persona non grata” and ordered him to leave the country on Tuesday, Peru’s foreign minister …

  • US and World News

    U.S. House committee to release redacted Trump tax filings

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Moira Warburton and Andy Sullivan WASHINGTON (Reuters) – A U.S. House of Representatives committee voted on Tuesday to release partially redacted tax filings from former President Donald Trump and …

  • Business News

    World Bank releases $100 million for Zambia amid delays in debt restructuring

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    LUSAKA (Reuters) -The World Bank is releasing $100 million for Zambia amid substantial delays in its debt restructuring efforts as its creditors drag their feet, it said on Wednesday. The …

  • Business News

    Swedish think tank NIER predicts economy will contract by 1.1% in 2023

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    STOCKHOLM (Reuters) – Sweden’s economy will likely contract next year as high inflation and rising interest rates weigh on households and businesses, the National Institute of Economic Research (NIER) forecast …

  • US and World News

    Fiji parliament delays sitting to elect prime minister

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Kirsty Needham and Lucy Craymer SYDNEY (Reuters) -Fiji’s parliament has delayed its first sitting, where it had been expected a new prime minister would be sworn in to the …

  • Business News

    Kirin seeks more North American craft beer factories after strong growth

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Miho Uranaka TOKYO (Reuters) – Kirin Holdings, Japan’s second-largest brewer by sales, is looking to buy factory facilities in North America to maintain strong growth in the region’s craft …

  • Business News

    Indonesia confirms bauxite export ban to proceed as scheduled

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) – Indonesian President Joko Widodo on Wednesday confirmed an export ban for bauxite starting in June next year as scheduled, to encourage …

  • Business News

    Analysis-Kuroda’s abrupt policy tweak opens door for bigger shift next year

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Leika Kihara TOKYO (Reuters) – The Bank of Japan’s surprise decision to loosen the grip on its yield cap marks the beginning of an end to Governor Haruhiko Kuroda’s …

  • US and World News

    Relatives despair as search continues for Thai marines missing at sea

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Napat Wesshasartar BANG SAPHAN (Reuters) – Hopes faded on Wednesday among relatives of Thai marines still missing after their warship sank off the country’s central coast, even as military-led …

  • Business News

    German employment outlook for Q1 2023 is positive – Ifo

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    BERLIN (Reuters) – The outlook for employment in Germany, Europe’s largest economy, is positive for the first quarter of next year, the Ifo economic institute said on Wednesday. German unemployment …

  • Business News

    German consumer sentiment maintains upward trajectory -GfK

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    BERLIN (Reuters) – German consumer sentiment is set to extend its recovery heading into the new year as government relief measures meant to take the bite out of soaring energy …

  • Business News

    Column-Forecasts become a vortex of guesswork: Mike Dolan

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Mike Dolan LONDON (Reuters) – It’s the time of year for financial and economic forecasting – but you may do as well ignoring them all. An ordinary year assessing …

  • Business News

    Corporate China struggles with supply snags, demand slump as COVID cases spread

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Casey Hall, Martin Quin Pollard and Joe Cash SHANGHAI/BEIJING (Reuters) – As China’s massive wave of COVID-19 infections begins its march across a country roughly the size of Europe, …

  • Business News

    Russia’s space agency to issue bonds for satellite programme

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    MOSCOW (Reuters) – Russia’s space agency will borrow up to 50 billion roubles ($710 million) in 2023 to fund a mass satellite-building programme to catch up with the United States …

  • US and World News

    Magnitude 6.4 quake shakes northern California, leaves 2 dead, thousands without power

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Nathan Frandino and Steve Gorman RIO DELL, Calif. (Reuters) -A powerful magnitude 6.4 earthquake jolted the extreme northern coast of California before dawn on Tuesday, crumpling homes and roads, …

  • Business News

    South Korea vows support, deregulation as growth slows

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Choonsik Yoo SEOUL (Reuters) -South Korea’s government on Wednesday promised policy support and deregulation to boost economic growth which it expects to slow next year at a much faster …

  • Business News

    Credit Suisse clients are returning, CEO of bank’s Swiss business says

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    ZURICH (Reuters) – Credit Suisse’s client withdrawals have stabilised and reversed in some cases, Andre Helfenstein, the head of Credit Suisse’s Swiss business said in an interview with local newspaper …

  • Business News

    Analysis-Russian gold removed from some Western funds after Ukraine

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Peter Hobson LONDON (Reuters) – Hidden inside high-security bank vaults in London, Zurich and New York, billions of dollars’ worth of gold of Russian origin has quietly changed hands …

  • Business News

    Factbox-Russian gold taken out of exchange-traded fund stockpiles

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By Peter Hobson LONDON (Reuters) – Gold worth $2.2 billion has left the accounts of exchange-traded funds (ETFs) since July as some banks and asset managers seek to purge Russian …

  • Business News

    U.S. FAA proposes airworthiness criteria for Archer Aviation air taxi

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) on Monday issued the airworthiness criteria that Archer Aviation will need to meet for its M001 air taxi to be …

  • Business News

    Marketmind: Questions after the storm

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    A look at the day ahead in European and global markets from Wayne Cole. A day after the Bank of Japan’s bombshell and things are looking a little steadier. Most …

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