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Italian firms less gloomy on outlook as inflation eases -central bank survey
MILAN (Reuters) – The opinion of Italian businesses on the prospects for the economy improved in the fourth quarter of 2023 compared with the previous three months, the Bank of Italy said…
Cathay Pacific cuts cash-burn target by half as Hong Kong eases restrictions
(Reuters) – Hong Kong’s Cathay Pacific Airways Ltd on Wednesday significantly cut its cash-burn target for the coming few months on expectation that easing travel curbs and quarantine rules for passenger flight…
Russian weekly inflation eases after rate cut
(Reuters) -Russia’s weekly inflation rate eased in late April, data from statistics service Rosstat showed on Friday, confirming an easing of crippling price pressures days after the central bank cut interest rates.…
UK annual house price rise eases to 10.8% – Halifax
LONDON – British house prices rose for a tenth consecutive month in April, although the annual rate of growth eased slightly from the 15-year high recorded in March, figures from mortgage lender…
Shortage of materials in German manufacturing eases slightly – Ifo
BERLIN – A shortage of materials in the German manufacturing industry has eased slightly, the Ifo economic institute said on Friday after it surveyed 2,000 companies in the sector. In April, 75.0%…
U.S. services sector activity eases in April – survey
WASHINGTON – U.S. business activity slowed in April as soaring costs for raw materials, fuel and labor pushed input prices to a record high, according to a survey on Friday, which also…
Russia eases FX controls for some export-focused companies
(Reuters) – The Russian central bank said on Tuesday it had decided to ease forex currency control measures for Russian export-focused companies outside the commodities and energy sectors. The mandatory sales of…
CDC eases COVID travel assessment for Saudi Arabia, Myanmar, Haiti
WASHINGTON – The U.S. Centers for Disease Control and Prevention (CDC) on Monday eased its COVID-19 travel ratings for Saudi Arabia, Myanmar and Haiti. The CDC said it had changed its COVID-19…
Gold eases as dollar, yields rise after hawkish Fed minutes
By Asha Sistla (Reuters) – Gold inched lower in range-bound trade on Thursday, as the dollar and yields gained after the U.S. Federal Reserve reiterated its aggressive stance to combat inflation, while…
Gold set for worst week since November as safe-haven demand eases
By Brijesh Patel – Gold was on track for its biggest weekly drop in nearly four months on Friday, after demand for the safe-haven metal was hit by hopes of progress in…
Japan bank lending growth slows to decade-low as pandemic-induced strain eases
By Leika Kihara TOKYO -Japan’s bank lending rose at the slowest increase in a decade in February as immediate pressure for corporates to borrow cash continued to ease amid a broader economic…
Russian central bank eases caps on banks’ open foreign currency positions
MOSCOW – Russia’s central bank said on Sunday it was temporarily easing restrictions on banks’ open foreign currency positions after the West decided to block certain Russian banks’ access to the SWIFT…
Exclusive-Traders ship Asian coffee to ICE exchange as shipping logjam eases
By Maytaal Angel LONDON – Traders are planning to deliver thousands of tonnes of robusta coffee from Asia to the ICE futures exchange in Europe for the first time in more than…
French inflation eases less than expected in January
PARIS – French inflation fell less than expected in January as it eased back from a 13-year high on lower prices for manufactured goods due to winter sales, preliminary EU-harmonised data showed…
Euro zone economic sentiment eases in Jan
BRUSSELS – Euro zone economic sentiment deteriorated in January, data showed on Friday, pulled down by a more downbeat sentiment in the two key sectors of industry and services. The European Commission’s…
Beijing 2022 eases COVID curbs for Games; China warns on pollution
BEIJING -Organisers of next month’s Beijing Winter Olympics slightly eased the strict COVID-19 requirements for participants, a move that means fewer athletes are likely to be tripped up by positive tests, although…
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