BRASILIA – Brazil’s government is planning to allow port costs to be excluded from tax calculations to lower the cost of imports, three Economy Ministry sources told Reuters, in a …
Topic:
Costs
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By Stephanie Kelly NEW YORK – U.S. motorists, already dealing with a steep rise in spending on fuel as the economy rebounded from the coronavirus-induced recession, are now dealing with …
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ROME – The recent surge in energy prices will reduce Italy’s economic growth this year by around 0.7 percentage points, national statistics institute ISTAT estimated on Wednesday. In its monthly …
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BRUSSELS – A Europe-wide cap on gas prices is needed to respond to soaring prices and contain price volatility in the gas and electricity markets, Engie chief executive Catherine MacGregor …
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By Stephanie Kelly NEW YORK – Refining profits, or margins, from turning crude oil into products such as gasoline and diesel are ballooning, and could surge further after the United …
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By Tom Bergin – Western sanctions banning several Russian banks from the SWIFT international payments network with the potential threat of more to come if there is no end to …
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LONDON – The cost of insuring against a Russian government debt default soared by almost 50% on Monday and premiums on other emerging market countries, junk bonds and swathes of …
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By Marcela Ayres and Bernardo Caram BRASILIA – Brazil’s economy minister backs a proposal to expand cooking gas subsidies for low-income families in response to soaring crude prices during the …
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BERLIN – Lufthansa Chief Executive Carsten Spohr said routing flights to avoid Russian air space will increase costs for the German flagship carrier by a single-digit million-euro amount per month. …
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By Nevzat Devranoglu ISTANBUL – Turkey’s trade deficit widened 186% year-on-year in the first two months of the year due to a surging energy bill, data showed on Wednesday, as …
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TOKYO – Japan and the United States pledged on Tuesday to work together to force Russia to “pay the high price” for its invasion of Ukraine, Finance Minister Shunichi Suzuki …
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By Jonathan Saul LONDON – Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods through the region …
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By Timothy Aeppel – Dave Petratis boosted wages for his U.S. factory workforce in December – six months ahead of schedule for normal annual increases. It wasn’t enough. The CEO …
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LG Abandons Solar Panel Business Amid Supply Chain Issues, High Costs Thomas Catenacci on February 23, 2022 South Korean technology company LG Electronics announced Wednesday that it would abandon its …
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By Iain Withers and Lawrence White LONDON -Britain’s largest high street bank Lloyds posted a jump in annual profits on Thursday but was dented by further costs for past misdeeds, …
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MILAN -Italian tyremaker Pirelli on Wednesday reassured it was taking steps to offset higher costs as well as the impact of the crisis in Ukraine, and had a contingency plan …
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By Mark Weinraub and Julie Ingwersen CHICAGO – North Dakota farmer Jennifer Meyer typically devotes at least 20% of her 2,500-acre farm to corn, which provides a convenient feed for …
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A top Russian government official warned that energy costs would skyrocket in Europe after Germany halted certification of the Nord Stream 2 pipeline Tuesday. “German Chancellor Olaf Scholz has issued …
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By Nichola Saminather TORONTO – Canadian banks are set to report higher first-quarter earnings from a year ago, thanks to low provisions for credit losses and improving loan demand, but …
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WASHINGTON, D.C. – Vice President Kamala Harris is warning Americans to brace for even higher energy costs as the crisis between Ukraine and Russia continue into the spring. Last week, …
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FRANKFURT – Euro zone housing costs rose sharply last year, boosted by soaring German property prices and adding to already uncomfortably high overall inflation, a European Central Bank study showed …
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-Gains in French IT consultancy Capgemini’s operating margin this year will likely be held back by inflationary pressures on salary and the cost of returning to offices, the company said …
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By Praveen Paramasivam and Hilary Russ – Chipotle Mexican Grill Inc beat Wall Street estimates for quarterly profits and comparable sales on Tuesday as higher demand and prices for its …
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WASHINGTON – U.S. worker productivity rebounded more than expected in the fourth quarter, curbing labor costs growth, but the coronavirus pandemic has distorted the data and prevented a clear trend. …
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Despite rising costs, Americans will still eat 1.2 billion chicken wings during Superbowl weekend
by Your NewsFootball fans might be surprised at the matchup, but one thing is not surprising: America’s love for chicken wings. This is never more apparent than on Super Bowl weekend, when …