US new home sales rebound in December as mortgage rate retreat
WASHINGTON (Reuters) – Sales of new U.S. single-family homes increased strongly in December, boosted by declining mortgage rates and a persistent shortage of previously owned houses on the market. New home sales…
Analysis-Russia’s rouble rebound not quite what it seems
(Reuters) – Six weeks after Russia sent troops into Ukraine, the rouble has staged an apparently extraordinary recovery, but all is not what it seems and the exchange rate used in everyday…
Stock rebound wobbles as investors zero in on hawkish Fed
By Saqib Iqbal Ahmed NEW YORK – The rebound that saw U.S. stocks surge from last month’s lows has started to falter, as investors factor in faster monetary policy tightening by the…
Analysis-Russia’s rouble rebound is not as real as it seems
By Tommy Wilkes LONDON – The rouble has staged a lightening-fast recovery to levels last reached in the days before Russia invaded Ukraine, defying predictions that the war would launch it into…
After sizzling rebound, investors weigh whether stocks have more bounce
By Lewis Krauskopf NEW YORK – Wall Street stormed back this week after absorbing a long-awaited rate hike from the Federal Reserve, leaving investors to determine whether stocks are set for a…
U.S. housing starts rebound sharply in Feb; building permits fall
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 will continue…
Indian inflation likely slipped in Feb but set to rebound soon – Reuters Poll
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 oil prices…
Australia retail sales rebound in Jan as economy weathers Omicron
By Wayne Cole SYDNEY – Australian retail sales were surprisingly strong in January as shoppers weathered a surge in Omicron cases with aplomb, suggesting the economy maintained considerable momentum into the new…
OECD expects Mexico economy to rebound by 3rd-qtr, growing in 2023
MEXICO CITY -Economic growth in Mexico is expected to return to pre-pandemic levels by the third quarter this year, the Organisation for Economic Cooperation and Development (OECD) said on Monday. “Exports will…
Despite challenges, Asia’s aerospace industry plots rebound at air show
By Chen Lin and Aradhana Aravindan SINGAPORE – As a depleted Singapore Airshow winds down, delegates reported growing optimism as the hard-hit Asian aerospace market begins to recover despite emerging concerns around…
European shares rebound as risk assets powered by signs of easing Ukraine-Russia tensions
By Sruthi Shankar and Shashank Nayar -European stocks pulled back some of their recent losses on Tuesday following reports that some Russian troops near Ukraine were returning to their bases, while some…
Canada posts surprise trade deficit in December, rebound in sight
By Julie Gordon OTTAWA -Canada posted a surprise trade deficit in December, as imports hit a new record high and exports fell from November, official data showed on Tuesday, but economists expect…
Lufthansa’s Eurowings goes on hiring spree as travel rebound expected
BERLIN – Lufthansa subsidiary Eurowings expects a strong recovery this year and is planning to add to about 750 new cockpit and cabin jobs over the next 12 months. In 2021, the…
‘Coal’s Rebound’: US Emissions Spiked In 2021 Despite Biden Green Pledges
Greenhouse gas emissions in the U.S. surged in 2021, even as President Joe Biden pursued an aggressive environmental agenda to stave off climate change. Overall, carbon emissions ticked up 6.2% in 2021…
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