(This Feb. 22 story has been corrected to change ‘any circumstances’ to ‘certain circumstances,’ in paragraph 1) (Reuters) – Discover Financial Services or Capital One Financial will pay a termination …
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BRUSSELS – The euro zone suffered a trade deficit for a fourth consecutive month in February as surging energy prices led to a sharp increase in the value of energy …
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BRUSSELS – Euro zone industrial production rebounded as expected in February from a January slump thanks to stronger output of consumer goods, which offset declines in the output of energy …
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(Reuters) – Saudi Arabia’s crude exports in February rose to 7.307 million barrels per day (bpd), the highest level since April 2020, official data showed on Monday. Crude oil exports …
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By Kantaro Komiya TOKYO – Japan’s current account balance swung back into the black in February from its second-biggest deficit on record in the previous month, providing some respite for …
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HONG KONG – Hong Kong’s retail sales fell in February after 12 straight months of growth as a wave or COVID-19 infections hit the city and anti-epidemic measures weakened consumer …
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By Daniel Leussink TOKYO – Japanese factories posted their first rise in output in three months in February as resilience in global demand led to a rebound in car production, …
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BERLIN – German consumer morale looks set to slump heading into April as the war in Ukraine pushed households’ economic and income expectations to new record lows since the 2009 …
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By Wayne Cole SYDNEY – Australian retail sales beat forecasts again in February as shoppers defied storms and coronavirus waves to return to cafes and department stores for the second-best …
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SHANGHAI – Shipments of smartphones within China fell 31.8% year-on-year to 14.5 million handsets in February, the China Academy of Information and Communications (CAICT) reported on Monday. Shipments were down …
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WASHINGTON – U.S. homebuilding rebounded sharply in February as the drag from cold weather eased, and while permits fell, they remained at higher levels, suggesting an acute shortage of houses …
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By Gaurav Dogra – Emerging Asian bonds excluding China continued to see foreign inflows for a 21st straight month in February, but analysts are turning pessimistic about the outlook due …
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NEW YORK – U.S. consumer prices surged in February, culminating in the largest annual increase in 40 years, and inflation is poised to accelerate further in the months ahead as …
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By Tushar Goenka BENGALURU – Indian retail inflation likely slipped marginally in February, thanks to lower food prices, according to economists in a Reuters poll who still warned that surging …
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– Global mutual funds and exchange-traded funds with significant exposure to Russian equities and bonds have seen massive outflows and an erosion in their net assets over the past month, …
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LONDON – Britain’s construction sector grew at its fastest pace since mid-2021 in February as disruption from the Omicron coronavirus wave eased and input costs rose at the slowest pace …
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By Joori Roh SEOUL – South Korea’s consumer inflation hovered near a decade high in February and stood above the central bank’s 2% target for an 11th month, adding pressure …
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LONDON – Business activity across the euro zone accelerated sharply last month as demand soared, particularly in the bloc’s dominant services industry, according to a survey mostly conducted before Russia …
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BERLIN – Activity in Germany’s services sector grew further in February as the country began loosening the COVID containment measures that had pressured its economy in late 2021, although the …
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MADRID – Activity in Spain’s services sector bounced back in February from a brief contraction in January, when restrictions on travelling and socializing were reimposed to curb the Omicron variant …
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– Business activity in the Russian service sector returned to growth in February as inflationary pressure eased and business confidence reached a five-month high, the Markit purchasing managers index (PMI) …
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– Russia’s oil and gas condensate output rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax report on Wednesday, while trading …
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By Gaurav Dogra – Asian equities suffered a second successive month of outflows in February as investors jettisoned riskier assets due to rising tensions between Russia and Ukraine and on …
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By Alex Lawler LONDON – The increase in OPEC’s oil output in February exceeded the rise planned under a deal with allies for the first time since September, a Reuters …
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– Russian manufacturing activity shrank in February as new orders fell for the first time in six months as businesses felt the impact of the COVID-19 pandemic, a survey showed …