By John Irish and Arshad Mohammed PARIS/WASHINGTON -France’s new foreign minister said on Tuesday there were only a few weeks to revive Iran’s 2015 nuclear deal with world powers, although…
By David Randall NEW YORK – The Federal Reserve is ignoring signs of deflation as it continues its aggressive interest rate-hike plan to combat inflation and will soon be forced…
MOSCOW – The Russian economy is now showing signs of stabilisation, the central bank’s head of monetary policy said on Tuesday, after taking a hit from unprecedented Western sanctions imposed…
By Hyonhee Shin SEOUL – The recent attendance by four Asia Pacific leaders at the NATO summit reflects a “consequential shift” in the U.S. transatlantic security partnership which Washington seeks…
TOKYO – U.S. Treasury Secretary Janet Yellen will emphasize the strength of the U.S. economy despite high inflation and a 1.6% annualized drop in first quarter gross domestic product when…
PARIS – The biggest overhaul of cross-border tax rules in a generation is now on course to take effect in 2024, the Organisation for Economic Cooperation and Development said on…
By Howard Schneider MAYAGUEZ, Puerto Rico – U.S. economic growth could fall below 1% this year and remain sluggish through 2023 as the Fed acts “resolutely” to curb inflation, New…
(Reuters) – The U.S. economy is expected to continue to grow this year even as the Federal Reserve raises interest rates sharply to bring down unacceptably high inflation, St. Louis…
By Steven Scheer JERUSALEM -Israel is on track to collect 45.5 billion shekels ($13 billion) more than initially expected in revenue in 2022, the Finance Ministry said on Thursday as…
OSLO -Norway’s Equinor said on Thursday its second-quarter results would be positively impacted by between $400 million and $550 million from trade in natural gas derivatives used to hedge its…
By Andrea Shalal MADRID – World Bank chief economist Carmen Reinhart said it could take many more years before the growing number of heavily indebted countries see any substantive reduction…
CHICAGO – Frontier Group Holdings Chief Executive Barry Biffle said on Monday the company’s revised offer for Spirit Airlines Inc will be enough to secure a merger deal with the…
By Andrea Shalal SCHLOSS ELMAU, Germany – U.S. President Joe Biden and Chinese President Xi Jinping are expected to speak in the next few weeks, U.S. national security adviser Jake…
BERLIN – Germany’s financial stability committee on Monday said the direct effects of Russia’s war on Ukraine are manageable for Germany’s financial system as a whole as the direct claims…
By Fabian Cambero SANTIAGO – Chilean state-owned copper miner Codelco, the world’s top producer of the red metal, sees a firm copper price ahead despite a recent sharp fall, chairman…
By Saqib Iqbal Ahmed NEW YORK – U.S. equities could see a 7% move up next week as investors rebalance their portfolios after a brutal first half of the year,…
(Reuters) – Shale producer Chesapeake Energy is anticipating roughly 10% oilfield inflation in 2023 compared with the current year, Chief Executive Officer Nick Dell’Osso said on Wednesday at a conference…
By Matthieu Protard PARIS -French bank Credit Agricole is targeting a net profit of more than 6 billion euros ($6.3 billion) by 2025 and sees strong potential for its business…
BERLIN – Lockheed Martin said on Wednesday it could deliver first F-35 fighter jets to Germany in 2026 and expects more orders for the aircraft in Europe as Greece and…
DUBLIN – Unilever chief executive Alan Jope said on Tuesday that consumer goods companies should get used to the idea of “crisis being more or less the new normal” as…
SYDNEY – Australia’s central bank decided to raise interest rates by a larger 50 basis points this month because policy would still be very stimulative and it needed to be…
WASHINGTON – U.S. Deputy Treasury Secretary Wally Adeyemo warned bankers about elevated cyber threats in the wake of Russia’s invasion of Ukraine, and underscored the department’s commitment to sharing real-time…
By Elizabeth Dilts Marshall NEW YORK – Facing intense competition for talent and pressure to hit diversity goals, banks are getting more creative in their hiring, with Citigroup Inc recruiting…
ISTANBUL – Goldman Sachs said on Friday it expects annual inflation in Turkey to reach almost 80% before easing to 60% by the end of 2022, thanks to so-called favourable…
(Reuters) – Leisure airline Allegiant Travel Co said on Friday bookings beyond the summer travel season were trending above pre-pandemic levels, an early sign that demand was holding steady in…