Nepal’s retail inflation hits near six-year high in June
By Gopal Sharma KATHMANDU – Nepal’s annual retail inflation accelerated to 8.56% for the month ending mid-June, central bank data showed on Monday, pushed by a spurt in food and…
By Gopal Sharma KATHMANDU – Nepal’s annual retail inflation accelerated to 8.56% for the month ending mid-June, central bank data showed on Monday, pushed by a spurt in food and…
(Reuters) – The quality of vehicles sold in the United States fell to a 36-year low in 2022, according to automotive consultant J.D. Power, as labor shortages and supply snags…
By Gavin Jones ROME – Innovative incentives for people to green up their homes revived Italy’s construction sector last year, boosted its economy and drew international praise. A few months…
Biden’s Push For Electric Vehicles Hits A Huge Roadblock — A New Anti-Slave Labor Law Reagan Reese on June 21, 2022 A new law prevents supplies from China for electric…
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By Mike Stone ST LOUIS, Missouri – The Biden administration’s plan to sell four large, armable drones to Ukraine has been paused on the fear its sophisticated surveillance equipment might…
AKRON, OH – An armed robber robbed two Akron businesses at gunpoint within a 15-minute span, according to the Akron Police Department. Now, detectives need the public’s help identifying the…
PARIS – The Gironde department around Bordeaux banned outdoor public events and those at indoor venues without air conditioning, a local official told public radio on Friday, as France is…
WASHINGTON – Confidence among U.S. single-family homebuilders dropped to a two-year low in June as high inflation and rising mortgage rates reduced affordability for entry-level and first-time buyers, a survey…
HONG KONG – Hong Kong’s de-facto central bank bought HK$9.255 billion ($1.18 billion) from the market in New York trading hours to stop the local currency weakening and breaking its…
TAIPEI – Taiwan’s central bank is likely to raise its policy rate again this week, according to all economists polled by Reuters, to help fend off inflation now at an…
By Liz Hampton, Sabrina Valle and Scott DiSavino HOUSTON -Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas (LNG), will shut for at least…
By Scott DiSavino (Reuters) – Power demand in Texas broke the June record on Monday and will continue rising until it breaks the all-time high later this week as economic…
By Krystal Hu (Reuters) – Perimeter 81 said on Monday its backers now value the Israeli cybersecurity company at $1 billion, giving it unicorn status after the firm raised $100…
By Jihoon Lee and Choonsik Yoo SEOUL -South Korea’s consumer inflation picked up more than expected in May to a near 14-year high on a global surge in materials and…
(Reuters) – Power demand in Texas reached the highest level ever recorded in the month of May on Tuesday and will likely break the record for June on Wednesday as…
PARIS – French inflation rose more than expected in May to a new record, preliminary EU-harmonised data showed on Friday, putting pressure on President Emmanuel Macron ahead of legislative elections…
(Reuters) – U.S. consumers are using their existing vehicles for longer as the inventory of new cars and light trucks remains constrained due to supply chain challenges, marking an all-time…
OSLO -A magnitude 6 earthquake struck north of the Norwegian Arctic archipelago of Svalbard on Saturday, the European-Mediterranean Seismological Centre (EMSC) said, though police said there were no reports of…
(Reuters) – Power demand in Texas hit a monthly record on Thursday and will likely break that high on Friday as consumers keep air conditioners cranked up to escape a…
By Steven Scheer JERUSALEM -The Bank of Israel will likely raise short-term interest rates by a quarter-point next week to rein in rising inflation, partly caused by low unemployment and…
(Reuters) – Power demand in Texas hit a monthly record on Tuesday and will likely break that high on Wednesday as consumers keep their air conditioners cranked up to escape…
FRANKFURT – The European Central Bank has told banks to buckle up and prepare for a bumpy road ahead as the Ukraine war hits the economy and a sudden surge…
LONDON – Investors are becoming increasingly concerned about global growth with optimism at an all-time low, as they increase their cash holdings to the highest level in two decades, according…
(Reuters) – Elon Musk on Friday put his $44-billion Twitter offer on temporary hold, sending the shares of the social media company into a tailspin. Twitter stock has consistently traded…