Ukraine leader downplays loss of Avdiivka, seeks faster support
(Reuters) – President Volodymyr Zelenskiy downplayed Ukraine’s loss of the eastern town of Avdiivka to Russian forces and called for faster support from allies as the war against Russia neared the two-year…
Mexico stocks to gain further in 2024 on faster economic growth: Reuters poll
By Gabriel Burin and Ana Isabel Martinez BUENOS AIRES/MEXICO CITY (Reuters) – Mexican stocks will likely gain further in 2024, propelled by faster economic growth, but local markets may go through some…
Greenland glaciers melt five times faster than 20 years ago
By Johannes Birkebaek COPENHAGEN (Reuters) – Global warming has increased the speed at which glaciers in Greenland are melting by fivefold over the last 20 years, scientists from the University of Copenhagen…
Brazil’s consumer prices forecast to have risen faster in Sept – Reuters poll
By Gabriel Burin (Reuters) – Brazil’s consumer prices likely rose faster in September, led by hikes in gasoline costs that should have brought annual inflation to the highest rate in seven months,…
India’s services sector grew at faster pace in Sept, optimism at 9-year high
By Anant Chandak BENGALURU (Reuters) – Growth in India’s dominant services industry accelerated in September as already robust demand strengthened, according to a survey that also showed businesses were the most optimistic…
French manufacturing activity shrinks faster in September – PMI
PARIS (Reuters) – France’s ailing manufacturing sector contracted for the eighth month in a row in September, with production and new orders falling at their sharpest rates in over three years, a…
Oil output inches up at top US shale firms, with faster growth elusive
By Arathy Somasekhar HOUSTON (Reuters) – Top U.S. shale oil producers are raising output by pulling more from each well but lack the level of activity to add significant new volumes, a…
Mexico walks back faster bond payoff for canceled airport
By Kylie Madry MEXICO CITY (Reuters) – The Mexican government is no longer planning on moving up the timeline to pay off some $4.2 billion in outstanding bonds issued to finance a…
Bank of England’s Ramsden calls for faster QE gilt unwind
By David Milliken LONDON (Reuters) – The Bank of England should speed up the pace at which it is unwinding its 800 billion-pound ($1 trillion) stockpile of government bonds bought as part…
Developing Asia on track to grow faster in 2023 – ADB
MANILA (Reuters) – Developing Asia is on track to grow faster in 2023 from a year earlier as strong consumption and investment offset the impact of weak global demand, the Asian Development…
New Zealand Q2 CPI rises 1.1%, slightly faster than expected
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s consumer inflation came in slightly above expectations in the second quarter, driving swap rates higher as the market pushed out expectations for when the…
Chile miners, facing higher taxes, seek faster permits, lower energy costs
By Fabian Cambero SANTIAGO (Reuters) – Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing in production of the metal needed for…
Sri Lanka central bank to cut rates further on faster inflation drop
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is widely expected to loosen monetary policy further on Thursday, following a massive 250-basis-point interest rate cut in June, as it looks…
Biden’s Judicial Nominees Are Getting Confirmed Faster Than Trump’s Did
Biden’s Judicial Nominees Are Getting Confirmed Faster Than Trump’s Did Arjun Singh on June 28, 2023 Senate Democrats have confirmed 100 new federal judges nominated by President Joe Biden to U.S. District…
New scheme aims to get vaccines to outbreaks faster – Gavi
By Jennifer Rigby LONDON (Reuters) – Three global health bodies are teaming up to investigate stockpiling experimental vaccines for rare infectious diseases so the shots can be tested more quickly when outbreaks…
ECB’s Enria wants euro zone banks out of Russia faster
(Reuters) – The European Central Bank wants lenders to speed up their exit from Russia given the increased reputational, legal and financial risk of doing business there, supervisory chief Andrea Enria said…
Kremlin urges faster action to let foreign vessels use Northern Sea Route
MOSCOW (Reuters) – A Kremlin aide urged the Russian government on Thursday to adopt legislation allowing foreign flagged vessels to use the Northern Sea Route (NSR), which Moscow wants to turn into…
China’s Jan-May property investment, sales fall at faster pace
BEIJING (Reuters) – Property investment in China fell at a faster pace in January-May, dropping 7.2% from the same period a year earlier, official data showed on Thursday, adding to concerns about…
Swiss economy grows at faster than expected rate in first quarter
ZURICH (Reuters) – The Swiss economy grew by a faster than expected rate at the start of the year, the government said on Tuesday, supported by robust domestic demand and rising exports.…
Jordan must accelerate reforms to drive faster growth -IMF
By Suleiman Al-Khalidi AMMAN (Reuters) – The International Monetary Fund said on Wednesday Jordan needed to accelerate structural economic reforms to push growth beyond the average 2% to 3% it has struck…
GM, VW face idled capacity risk in China without faster EV transition -Greenpeace
SHANGHAI/BERLIN (Reuters) – Automakers including Volkswagen and General Motors could have considerable unused production capacity for conventionally powered vehicles in China by 2030 if they do not speed up their transition to…
Argentina seeks US, Brazil support for faster IMF payouts – gov’t sources
By Bernardo Caram and Nicolás Misculin BRASILIA/BUENOS AIRES (Reuters) – Argentina is seeking new easing of targets in its $44 billion deal with the International Monetary Fund and faster payouts, and is…
TSMC aims to get newest chip technology into cars faster
By Stephen Nellis SANTA CLARA, California (Reuters) – Taiwan Semiconductor Manufacturing Co on Wednesday said it will release new software this year to help customers working on advanced computer chips for cars…
Philippine central bank chief: ‘Dangerous’ to cut rates faster than Fed
MANILA (Reuters) – The Philippines’ central bank considers it “dangerous” to cut interest rates faster than a policy easing by the U.S. Federal Reserve, its governor said on Wednesday. While Philippine…
ECB needs more rate hikes and faster balance sheet cuts, Wunsch says
By Balazs Koranyi WASHINGTON (Reuters) – The European Central Bank should speed up the reduction of its balance sheet and could stop reinvesting cash from debt maturing in its largest bond buying…
IMF says public debt is growing faster than pre-COVID projections
By Andrea Shalal WASHINGTON (Reuters) – Public debt is higher and growing faster than projected before the COVID-19 pandemic, driven mainly by the United States and China, the world’s two largest economies,…
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