WASHINGTON (Reuters) – President Joe Biden said on Friday that there are some signs that inflation may be easing, as he responded to the Labor Department’s report that jobs increased …
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By Leika Kihara TOKYO -Japanese wholesale prices rose 8.6% in July from a year earlier, data showed on Wednesday, slowing from the previous month’s pace in a sign inflationary pressure …
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(Reuters) – Cleveland Federal Reserve Bank President Loretta Mester reiterated on Thursday that she will need to see several months of inflation coming back down towards the U.S. central bank’s …
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MILAN – A slow but steady improvement in the chip supply situation over the next year will eventually limit automakers’ pricing power that has been boosting earnings across the industry …
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By John Revill and Supantha Mukherjee ZURICH/STOCKHOLM – Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing, executives said Thursday, in …
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SHANGHAI – China has fast-tracked the approval of construction projects worth more than 380 billion yuan ($56.22 billion) after relaxing its environmental rules last month, but will still show “zero …
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By Julie Zhu HONG KONG – Sequoia Capital China has raised a total of nearly $9 billion for four new funds amid investor hopes that the authorities are easing a …
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BERLIN – Volkswagen sees a strong second half of 2022 and expects progress in catching up with rival Tesla as easing chip shortages start to offset supply chain bottlenecks and …
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(Reuters) – Russian First Deputy Prime Minister Andrei Belousov says the rouble is overvalued and industry would be more comfortable if it fell to between 70 to 80 against the …
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By Scott Murdoch and Kane Wu HONG KONG – Buyout funds are set to extend a record spending spree in Asia to the rest of the year but they will …
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(Reuters) – U.S.-listed Chinese technology stocks rose on Monday after a report that regulators in China are concluding a probe into ride-hailing giant Didi Global raised expectations of easing crackdowns …
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BEIJING – China’s factory activity shrank less sharply in May as COVID-19 curbs eased and some production resumed, a private sector survey showed on Wednesday, improving from a 26-month low …
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BANGKOK – Thailand’s economic activity in May showed gradual improvement as concerns about the pandemic receded and restrictions eased, the central bank said on Tuesday. Issues to be monitored, however, …
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(Reuters) – Canadian retailer Loblaw Cos Ltd missed Wall Street estimates for first-quarter revenue on Wednesday, signaling that pandemic-led demand for groceries and drugs were waning from its peak. Consumers …
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MADRID – Easing energy prices helped lower Spanish 12-month inflation to 8.4% in April from March’s near 40-year high, preliminary data showed on Thursday, although core inflation, which strips out …
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SHANGHAI -China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling for more monetary stimulus to …
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By Mircely Guanipa and Marianna Parraga CARACAS/HOUSTON – Venezuela’s state-run energy firm PDVSA is in talks to buy and lease several oil tankers amid a possible expansion in exports, according …
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JOHANNESBURG – High shipping costs have posed a “challenge” for Democratic Republic of Congo-focused copper producer Ivanhoe Mines, but an alternative route to port via Angola should ease the squeeze, …
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BEIJING – China’s land sales revenue slumped from a year earlier, official data for January-February showed on Friday, pointing to continued weakness in the country’s huge property market, a major …
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By Daniel Wiessner – U.S. immigration authorities released new policies on Monday that will make it easier for immigrant minors who are victims of parental abuse and neglect to qualify …
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By Rocky Swift and Elaine Lies TOKYO – Japanese Prime Minister Fumio Kishida’s plan to relax the strictest COVID-19 border controls among wealthy nations has pleased nobody, with businesses and …
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FRANKFURT – The European Central Bank has been right to maintain its easy money policy as inflation is set to fall after “transient boosts” from supply snags that may extend …
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By Sruthi Shankar and Shashank Nayar -European stocks pulled back some of their recent losses on Tuesday following reports that some Russian troops near Ukraine were returning to their bases, …
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By Maria Caspani -Washington, D.C. will no longer require people show proof of COVID-19 vaccination to enter many businesses beginning on Tuesday, its mayor said, joining a slew of local …
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BRASILIA – Brazilian central bank chief Roberto Campos Neto said markets are showing less concern about the possible victory of ex-president Luiz Inácio Lula da Silva in this year’s presidential …