Yellen says expects rents, biggest contributor to inflation, to move down this year
MILWAUKEE (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she expects the cost of rental housing – the single largest contributor to inflation – to move lower this year as…
Putin expects to discuss Black Sea grain deal with Turkey’s Erdogan next week
MOSCOW (Reuters) – The Kremlin said on Friday that it expected President Vladimir Putin and his Turkish counterpart Tayyip Erdogan to discuss the implementation of a deal on Ukrainian grain exports, which…
Air Canada expects flight, baggage delays to subside this year
(Reuters) – Air Canada said on Wednesday it was expecting flight and baggage delays to subside through the rest of this year and next as staffing levels improve. The carrier also expects…
Ukraine’s Zelenskiy expects cooperation with Britain’s new PM
(Reuters) – Ukrainian President Volodymyr Zelenskiy said on Monday that Britain’s next prime minister, Liz Truss, was “always on the enlightened side of European politics” and Kyiv looked forward to further cooperation…
Indonesia govt expects 2022 inflation at 6.6% to 6.8% after fuel price hike
JAKARTA (Reuters) – Indonesia’s inflation rate for 2022 is seen at a range of 6.6% to 6.8% following a 30% increase in subsidised fuel prices over the weekend, a finance ministry official…
Lawmaker on Jan. 6 probe panel expects Mike Pence to testify voluntarily
By Kanishka Singh WASHINGTON (Reuters) – Democratic U.S. lawmaker Jamie Raskin, a member of the House of Representatives panel probing the Jan. 6, 2021, attack on the Capitol, said on Sunday he…
Pakistan Finance Minister expects economy to grow more than 3.5% this FY – Bloomberg News
(Reuters) – Pakistan Finance Minister Miftah Ismail expects the economy to grow more than 3.5% for the fiscal year that started in July, Bloomberg News reported on Saturday. Ismail predicted inflation, running…
CMA CGM expects shipping slowdown after another strong quarter
PARIS (Reuters) – Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM <CMACG.UL> said on Friday as it reported another jump in quarterly profits. French-based CMA CGM,…
U.S. expects Russia to prepare sham referenda in Ukraine -State Dept
WASHINGTON (Reuters) – The U.S. government has assessed that Moscow is preparing to stage sham referenda in areas of Ukraine under its control to manipulate the results to claim that the Ukrainian…
Mexico expects EU trade deal to be approved in 2022, minister says
MEXICO CITY (Reuters) – The European Union should sign off on its updated trade agreement with Mexico later this year, Mexican Foreign Minister Marcelo Ebrard said on Friday. The EU and Latin…
Ethiopia expects IMF visit in September – Finance Minister official
LONDON (Reuters) – Ethiopia expects an IMF mission to visit in September, following a visit by the Fund three months ago, a finance ministry official said on Tuesday, noting that an IMF…
Porsche expects to make as many electric Macans as combustion versions
BERLIN (Reuters) – Volkswagen’s sportscar brand Porsche expects to produce as many units of its Macan model in the electric version as the original with combustion engine, production chief Albrecht Reimold told…
Leader of busiest U.S. port expects imports to soften in August
By Lisa Baertlein LOS ANGELES (Reuters) – The busiest U.S. seaport expects August imports to begin easing from record highs as retailers cancel orders in the wake of shoppers’ pulling back from…
Honduras’ cenbank expects inflation to reach 10.30% in 2022, up from previous estimate of 6.19%
TEGUCIGALPA – Honduras’ central bank said in a publication on Thursday that it expects annual inflation for 2022 to reach 10.30% by the year’s close, up from a previous estimate of 6.19%…
Ukraine expects $3 billion U.S. financial aid in August
KYIV – Ukraine expects $3 billion of U.S. financial aid to arrive in August and a further $1.5 billion in September, Finance Minister Sergiy Marchenko said on Thursday. Marchenko said the payments…
Continental expects stronger demand after ‘hurricane’ headwinds in Q2
BERLIN -Continental expects higher auto production in the second half of the year as supply chains and semiconductor availability improve, the company said on Tuesday, after reporting a heavy second-quarter loss. The…
Ryanair expects zero disruption from Spanish cabin crew strikes
DUBLIN – Ryanair said on Tuesday it expects to incur no disruptions to its daily flight schedule in August or September from planned weekly strikes by some of its Spanish cabin crew.…
Exclusive-Mexico’s Pemex expects rare annual profit – CEO
By Ana Isabel Martinez MEXICO CITY – Mexican state oil company Pemex expects to post a rare annual profit this year, with two consecutive quarters already in the black and a boost…
HKMA chief says expects overnight interbank rate to rise at much faster pace
HONG KONG – Hong Kong Monetary Authority (HKMA) chief Eddie Yue said on Thursday he expects the city’s overnight and one-month interbank rate to continue to rise, but at a much faster…
Mike Ashley’s Frasers Group expects higher profit next year
(Reuters) -Frasers Group, Mike Ashley’s sportswear and fashion group, said on Thursday it expected higher profit next year after 2022 earnings came in at the upper end of its guidance. The retailer…
U.S. adds 2.5 million Bavarian Nordic monkeypox vaccine doses, expects more in July
(Reuters) -The U.S. government has ordered an additional 2.5 million doses of Bavarian Nordic’s vaccine for use against monkeypox and expects more later this month to fight an outbreak of the viral…
Japan says it expects security flaws in former PM Abe’s killing to be probed
TOKYO – The Japanese government expects security loopholes in the killing of former Prime Minister Shinzo Abe to be discussed and investigated, the country’s top spokesperson said on Monday. Chief Cabinet Secretary…
Spain expects its economy to continue growing in 2023 – minister
MADRID – Spain’s government expects the Spanish economy to continue growing next year despite the impact of rising inflation and the war in Ukraine, Finance Minister Nadia Calvino said in a radio…
Singapore Airlines expects to inch closer to pre-pandemic capacity by 2022-end
(Reuters) – Singapore Airlines Ltd (SIA) said it expects passenger capacity to reach about 81% of pre-pandemic levels by December as flyers rush to the skies after the easing of COVID-19 curbs.…
Goldman Sachs expects over $1.2 billion losses from consumer unit this year – Bloomberg News
(Reuters) – Goldman Sachs Group Inc’s internal projections show the bank’s consumer unit will record losses of more than $1.2 billion this year, Bloomberg News reported on Tuesday, citing people with knowledge…
Lufthansa expects flight operations to return to normal in 2023 – Welt
BERLIN – Lufthansa does not expect its global airline operations to return to normal until 2023 after staff shortages and booming demand amid the lifting of COVID-19 restrictions forced it to cancel…
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