MOSCOW – Russia’s consumer price index was flat in the week to June 24, having declined for three weeks in a row after a massive spike in March, providing the …
Prices
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- Financial News
Millions risk undernourishment as wheat prices surge, FAO and OECD warn
by Reutersby ReutersPARIS – The war in Ukraine that has stalled its wheat exports will keep global prices high into the 2022/23 season, putting millions more people at risk of undernourishment, the …
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LONDON – British retailers raised prices at the fastest pace since 2008 this month, driven by the rapidly rising cost of food, according to industry data that showed the extent …
- Financial News
From war to wild weather, global crop problems point to years of high food prices
by Reutersby ReutersBy Karl Plume and Rod Nickel (Reuters) – Eric Broten had planned to sow about 5,000 acres of corn this year on his farm in North Dakota, but persistent springtime …
- Financial News
Italy says can exceed 3.1% growth target for 2022 despite energy prices
by Reutersby ReutersROME – Italy’s Treasury said the country’s economy could grow this year by at least as much as Rome’s official target of 3.1% set in April, despite the negative impact …
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MILAN – Industrie De Nora will become the first company to debut on Italy’s main market since Russia’s invasion of Ukraine derailed new listings, though it priced its share sale …
- Financial News
German sugar maker Suedzucker to raise prices, shift to coal power -report
by Reutersby ReutersBERLIN – German sugar producer Suedzucker plans “significant” price hikes to offset rising costs and prepares to shift to coal as Russian gas supplies to Western Europe slow in the …
- Financial News
Analysis: High energy prices could sink U.S. stocks during earnings season
by Reutersby ReutersBy David Randall NEW YORK – Sky-high oil prices pose yet another obstacle to U.S. corporate earnings, and some on Wall Street are worried this could sink stock prices even …
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MOSCOW – Russia’s consumer price index (CPI) fell 0.12% in the week to June 17, down for a third week in a row after a massive spike in March, providing …
- Business News
PJM Capacity Auction Secures Electricity Supplies at Competitive Prices
by Your Newsby Your NewsPrices for the 2023/2024 Delivery Year were lower than in the previous auction for the 2022/2023 Delivery Year. As a result, sufficient resources plus robust reserve levels were procured at …
- Financial News
Malaysia to disburse nearly $400 million to aid households over food prices
by Reutersby ReutersKUALA LUMPUR – Malaysia will distribute a total of 1.74 billion ringgit ($395.19 million) in cash aid to low-income households from this month to help them cope with rising living …
- Financial News
Sri Lanka May consumer prices soar 45.3% y/y, highest since 2015
by Reutersby ReutersBy Uditha Jayasinghe COLOMBO -Sri Lanka’s headline inflation accelerated in May to the highest since 2015 due to rising food and transport costs, as the island nation grappled with its …
- Financial News
United Airlines expects fuel prices to stay high over long-term, says CEO
by Reutersby ReutersDOHA – United Airlines expects fuel prices to stay high in the long-term, its chief executive said on Monday. Scott Kirby, speaking to reporters in Doha, also said that based …
- Financial News
Brazil’s Petrobras in talks to freeze fuel prices for 45 days -sources
by Reutersby ReutersRIO DE JANEIRO – Petrobras’ board of directors held discussions Friday over freezing fuel prices for 45 days, according to three sources with knowledge of the matter. The proposal, presented …
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By Susanna Twidale LONDON – Benchmark European and British gas prices are on course for gains of more than 50% this week after Russia said capacity of its Nord Stream …
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SHANGHAI – Tesla Inc has raised the price for some Model Y cars for the Chinese market, its website showed on Friday. The price for the Long Range version of …
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By Rowena Edwards and Ron Bousso LONDON – Consumers can expect fuel prices at the pump to remain high into next year due to disruptions to Russian oil supplies and …
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WELLINGTON – New Zealand’s house prices fell in May as tighter credit conditions, higher mortgage rates and increased housing supply affected the market, the Real Estate Institute of New Zealand …
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WELLINGTON, June 14 – New Zealand food prices rose 0.7 percent in May, data from Statistics New Zealand showed on Tuesday, while the index rose 6.8 percent from the same …
- Financial News
DHL raises prices for parcel deliveries, calling it unavoidable
by Reutersby ReutersBERLIN – Logistics giant DHL will charge private customers more for parcel deliveries from July 1 as labour and transport costs have made price increases unavoidable, said the company on …
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LONDON – Britain’s competition watchdog has been asked by the government to review the retail fuel market to see whether a cut in duty has been passed onto consumers as …
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Americans Could See Grocery Store Prices Skyrocket Even Higher: REPORT
Americans Could See Grocery Store Prices Skyrocket Even Higher: REPORT Micaela Burrow on June 10, 2022 Food prices in the U.S. may get worse in the coming months as European …
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Freeport LNG plant blast adds to strain on global supplies
by Reutersby ReutersBy 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 …
- Financial News
S.Korea plans to manage steel scrap as strategic asset as prices surge
by Reutersby ReutersSEOUL – South Korea plans to manage steel scrap from cars and abandoned buildings and structures as a strategic material, a government official said on Thursday, amid tight supplies and …
- Featured NewsTop HeadlinesUS and World News
Biden’s Own Administration Admits ‘Historically High’ Energy Prices Aren’t Going Away Anytime Soon
Biden’s Own Administration Admits ‘Historically High’ Energy Prices Aren’t Going Away Anytime Soon Thomas Catenacci on June 7, 2022 The Biden administration acknowledged Tuesday that energy prices — including gasoline …