BEIJING (Reuters) – China will aim to stabilize employment and prices to consolidate the foundations of economic recovery, according to a statement published by the monetary policy department at the …
Prices
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- US and World News
Curbing power prices will cost Poland over 30 billion zloty-PM
by Reutersby ReutersWARSAW (Reuters) – Measures aimed at freezing power prices for households and providing support for energy intensive companies will cost Poland over 30 billion zlotys ($6.35 billion), Prime Minister Mateusz …
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OTTAWA (Reuters) – Canada’s average resale home price fell 3.9% from a year ago in August but was up 1.2% on the month as the market appeared to stabilize in …
- Financial News
Lufthansa CEO says ticket prices won’t return to pre-pandemic levels
by Reutersby ReutersBERLIN (Reuters) – Lufthansa Chief Executive Carsten Spohr said on Monday that flight prices will never return to where they were before the pandemic, forecasting stable or increasing prices in …
- Financial News
Spain’s retailers shun government proposal to freeze basic goods prices
by Reutersby ReutersMADRID (Reuters) – Spain’s main supermarket chains rejected on Monday a proposal by the left-wing coalition government to temporarily freeze prices of a basic staple basket to ease the pain …
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Janet Yellen Warns High Gas Prices May Be Right Around The Corner
Janet Yellen Warns High Gas Prices May Be Right Around The Corner Jack McEvoy on September 11, 2022 President Joe Biden’s Treasury Secretary Janet Yellen said Sunday that Americans might pay …
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By Peter Frontini SAO PAULO (Reuters) – Brazilian consumer prices decreased 0.36% in August, marking the second consecutive month of deflation as fuel prices dip, government statistics agency IBGE said …
- Financial News
Cubans juggle exchange rates, soaring prices as peso plunges to 30-year low
by Reutersby ReutersBy Dave Sherwood HAVANA (Reuters) – Rider Gonzalez helps run a small cafe in touristy downtown Havana, a challenge in a country where coffee-shop staples like milk and flour are …
- Financial News
Yellen sees lower gas prices putting downward pressure on U.S. inflation
by Reutersby ReutersBy David Lawder DETROIT (Reuters) – U.S. Treasury Secretary Janet Yellen said falling gasoline prices may put further downward pressure on headline consumer price inflation for August but there is …
- Financial News
U.S. gasoline prices to keep falling as refiners keep making other products
by Reutersby ReutersBy Laura Sanicola (Reuters) – Wholesale gasoline prices are expected to keep falling in coming months as U.S. refiners overproduce fuel to try to rebuild low stocks of diesel and …
- Financial News
Russian consumer prices drop for 9th week ahead of rate-setting meeting
by Reutersby ReutersMOSCOW (Reuters) – Russian consumer prices fell for a ninth straight week, data showed on Wednesday, thanks to a seasonal drop in fruit and vegetable prices, sluggish consumer demand and …
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(Reuters) – Argentina’s government on Tuesday increased domestic prices of biodiesel for blending with diesel, as well as for bioethanol made from sugarcane and corn. The Ministry of Economy’s energy …
- Financial News
Czech EU presidency says two proposals exist for setting maximum energy prices
by Reutersby ReutersPRAGUE (Reuters) – There are two proposals in the European Union on how to set maximum prices on energy that the bloc’s energy ministers will discuss on Friday, Czech Industry …
- Financial News
Curtains drawing on runaway rise in global house prices- Reuters poll
by Reutersby ReutersBy Hari Kishan BENGALURU (Reuters) – A runaway surge in global house prices is drawing to a close as interest rates rise along with the cost of living, according to …
- Financial News
Japan July real wages continue to slide as rising consumer prices weigh
by Reutersby ReutersTOKYO (Reuters) – Japan’s real wages extended their slide to a fourth straight month in July, government data showed on Tuesday, as the biggest jump in consumer prices in more …
- Financial News
Era of through-the-roof house prices in Australia set to end: Reuters poll
by Reutersby ReutersBy Vivek Mishra BENGALURU (Reuters) – Australian house prices will fall sharply this year and next as rising mortgage rates and cost of living pressures drag on demand, a Reuters …
- Financial News
Toronto home prices rise marginally for first time since February peak
by Reutersby ReutersTORONTO (Reuters) – Home prices in the Greater Toronto Area (GTA) increased, though marginally, for the first time in six months in August alongside higher month-on-month sales, data from the …
- Financial News
Britain’s new PM faces an 80s playlist: recession, unrest and runaway prices
by Reutersby ReutersBy Andy Bruce and Kate Holton RUNCORN, England (Reuters) – Britain’s prime minister in waiting Liz Truss models herself on Margaret Thatcher, judging by her photo ops echoing famous images …
- Financial News
Rising energy prices could fuel social unrest across Europe this winter
by Reutersby ReutersBy Jorgelina do Rosario LONDON (Reuters) – Europe’s wealthiest nations face rising risks of civil unrest over the winter, including street protests and demonstrations, due to high energy prices and …
- Financial News
One in five Czech firms look to cut jobs amid high energy prices – survey
by Reutersby ReutersPRAGUE (Reuters) – Almost one in five Czech companies will look at cutting staff this year as they struggle with rising costs and high energy prices, the country’s Chamber of …
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By Liz Hampton (Reuters) – Natural gas a few years ago was so unwanted that U.S. shale oil producers sold it at cost just to pump more oil. Today, prices …
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By Susanna Twidale LONDON (Reuters) – The Nord Stream 1 pipeline that transports gas from Russia to Germany will undergo maintenance from Aug.31 – Sept. 2, cutting flows to zero …
- Financial News
Analysis-Surging energy prices create perfect storm for UK bonds
by Reutersby ReutersBy David Milliken LONDON (Reuters) – British government bonds are on course for their biggest monthly fall since 1994, as surging energy prices create a perfect storm of higher inflation, …
- Financial News
China pledges to lift economy with stable employment, prices in H2
by Reutersby ReutersBEIJING (Reuters) -China will step up measures to boost demand and stabilise employment and prices in the second half of the year to optimise economic outcomes, the country’s finance ministry …
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SAO PAULO (Reuters) – Brazil’s Petrobras said on Monday it will cut aviation gasoline prices for distributors by 15.7% starting Sept. 1. The move marks the second time in recent …