BEIJING/SHANGHAI – CITIC Securities Co, China’s biggest brokerage, reported on Monday a 55.01% rise in profit in 2021, led by strong gains in securities investments. Net profit for the 12…
HOUSTON – California diesel prices climbed 52.5 cents a gallon this week in the San Francisco Bay market because of a hydrotreater outage at Chevron Corp’s Richmond, California, refinery, said…
By Ann Saphir – Cleveland Federal Reserve Bank President Loretta Mester on Tuesday said she would like to raise interest rates to about 2.5% by year end, with bigger rate…
NEW YORK CITY, NY – A rise in groping incidents against women in New York City continues after a man forcibly touched a woman in the area of Sutter Avenue…
ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was accelerating inflation in the country, but Ankara would continue working to lower it,…
ZURICH – European Central Bank (ECB) policymaker Robert Holzmann told an Austrian newspaper that the bank could send a clear message about fighting inflation by raising interest rates before ending…
EDINBURG, Texas – Rio Grande Valley Border Patrol Sector (RGV) agents continue to experience a high volume of migrants crossing into the United States. RGV agents encountered 33,838 migrants in…
WASHINGTON – U.S. business inventories increased strongly in January, though the pace slowed from prior months, which could result in inventory investment making no contribution to economic growth in the…
OTTAWA – Canadian housing starts rose 8% in February compared with the previous month on gains in both multiple urban starts and single detached urban starts, data from the national…
– Brazilian fintech Nubank said on Monday that new central bank rules for digital banks will bring lower capital requirements than originally expected next year and in 2024, with the…
By Francesca Landini and Valentina Za MILAN – Italy’s Atlantia expects its core profit to rise by 27% by 2024, it said on Friday, as traffic on motorways and in…
By David Milliken LONDON – The Bank of England looks set to lift interest rates to 0.75% on Thursday, its third rate rise in a row as it seeks to…
LONDON – The British public’s expectations for the rate of inflation in a year’s time rose to the highest since 2008, although the increase in longer-term expectations has been less…
By Shashwat Awasthi and Harshita Swaminathan – Investors raised their bearish views on most Asian currencies, with short bets on the Indian rupee at a near two-year high, as Russia’s…
By Selena Li and Carolyn Cohn HONG KONG/LONDON -Prudential PLC notched up a 16% rise in 2021 operating profit after it strengthened its focus on Asia, though it warned of…
By Trevor Hunnicutt, Steve Holland and Andrea Shalal WASHINGTON -U.S. President Joe Biden on Tuesday imposed an immediate ban on Russian oil and other energy imports in retaliation for the…
By Federica Urso – The U.S. economy could get a $1 trillion boost over the next 10 years if female labor market participation grew to the levels seen in other…
By John Revill ZURICH – The Swiss National Bank repeated on Monday its pledge to intervene on the currency markets to curb a rise in the franc after safe-haven inflows…
LONDON -Moody’s cut Russia’s credit rating to Ca on Sunday, the second-lowest rung of its ratings ladder, citing central bank capital controls that are likely to restrict payments on the…
FRANKFURT – TUI, the world’s largest holiday company, is seeing a rise in holiday bookings towards pre-pandemic levels, the head of the group’s German business told a newspaper. “Our customers…
MEXICO CITY – Mexico’s year-on-year inflation likely accelerated in February after cooling slightly over the previous two months, a Reuters poll showed Friday, reinforcing expectations that the central bank will…
BRUSSELS – Euro zone retail sales grew by less than expected in January, Eurostat data showed on Friday, pulled down by weaker sales of fuel and muted spending on food…
GENEVA – The U.N. human rights office said on Thursday that it had confirmed 249 civilians have been killed and 553 injured in Ukraine during the first week of the…
PARIS – Thales posted a 32% rise in operating income and record cashflow, as Europe’s largest defence electronics company swung back into the black in its aerospace business and saw…
By Dmitry Zhdannikov and Julia Payne LONDON – Disruptions to Russian oil exports intensified on Wednesday with more countries and companies refusing to import and transport Russian crude and at…