US current account deficit narrows in third quarter on petroleum exports
WASHINGTON (Reuters) – The U.S. current account deficit was the smallest in more than two years in the third quarter amid rising petroleum exports, government data showed on Wednesday. The Commerce Department’s…
U.S. goods trade deficit narrows sharply in June; inventories increase
WASHINGTON – The U.S. trade deficit in goods narrowed sharply in June amid a surge in exports, which could potentially calm fears that the economy contracted again in the second quarter. The…
U.S. trade deficit narrows in May; exports hit record high
WASHINGTON – The U.S. trade deficit narrowed in May as slowing domestic demand amid rising interest rates curbed imports, which could see trade contributing to economic growth in the second quarter after…
Judge narrows San Diego, Baltimore bond collusion cases against big banks
NEW YORK – A federal judge on Tuesday narrowed claims by San Diego and Baltimore in antitrust litigation seeking to hold eight banks liable for driving up interest rates that state and…
Philippines April trade deficit narrows but still close to $5 billion
MANILA – The Philippines posted a $4.8 billion trade deficit in April, narrower than the previous month’s three-month high of $5 billion, as imports sustained a double-digit growth, the statistics agency said…
Singapore Airlines narrows annual loss, says outlook improving
By Jamie Freed (Reuters) -Singapore Airlines Ltd (SIA) on Wednesday posted a narrower annual loss of S$962 million ($694.08 million), at a time when demand remained low due to the pandemic, but…
Lula’s lead narrows in Brazil election race -MDA poll
BRASILIA -Former Brazilian President Luiz Inacio Lula da Silva retains a 14-percentage-point lead against far-right incumbent Jair Bolsonaro if an October election goes to a run-off between them as expected, a new…
Spain’s 2021 budget gap narrows more than expected, further cut seen
MADRID – Spain’s budget deficit narrowed to 6.76% of gross domestic product last year from over 10% in 2020, beating forecasts from international organisations and the government, which expects a further reduction…
Analysis-‘Nimble’ Fed narrows normalisation window for timid ECB
By Balazs Koranyi FRANKFURT – A flurry of rate hikes by the U.S. Federal Reserve will complicate life for the European Central Bank over the coming year, even if their policymakers appear…
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