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  • Financial News

    Brazil government sees gross debt at 79.6% of GDP in ’23, sets deficit goal at 65.9 billion reais

    by Reuters April 14, 2022
    by Reuters April 14, 2022

    By Marcela Ayres BRASILIA – The Brazilian government projected on Thursday that the country’s debt will reach 79.6% of gross domestic product in 2023, rising to 80.3% in 2024 and …

  • Financial News

    Russian central bank sees room for rate cut -policymaker to Interfax

    by Reuters April 14, 2022
    by Reuters April 14, 2022

    (Reuters) – Russia’s central bank sees room for an interest rate cut as weekly inflation is slowing, Deputy Governor Alexei Zabotkin said on Thursday, Interfax new agency reported. It will …

  • Financial News

    Blackrock sees opportunity for three new renewable energy funds

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    SAO PAULO – Blackrock Inc’s CEO Larry Fink said on Wednesday the world’s biggest asset manager forecasts the launch of three infrastructure funds focused on renewable energy, as the war …

  • Financial News

    Busiest U.S. port sees record volume ahead of high-stakes labor talks

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Lisa Baertlein LOS ANGELES – The Port of Los Angeles, the nation’s busiest, on Tuesday reported record first-quarter volume as anxiety builds ahead of the July 1 expiration of …

  • Financial News

    Brazil’s Gol sees loss of 1.98 real per share in Q1

    by Reuters April 11, 2022
    by Reuters April 11, 2022

    (Reuters) – Brazilian airline Gol SA said on Monday it expects to report a loss of 1.98 real per share in the first quarter of 2022 and a loss of …

  • Financial News

    Airbus sees raw material supply secured even in case of sanctions -FAS

    by Reuters April 8, 2022
    by Reuters April 8, 2022

    (Reuters) – Airbus said its production targets are not affected by the war in Ukraine as it sees raw material supplies secured even if Russian exports are embargoed, the Frankfurter …

  • Financial News

    Departing WarnerMedia CEO Kilar sees future of Hollywood in the blockchain

    by Reuters April 5, 2022
    by Reuters April 5, 2022

    By Dawn Chmielewski (Reuters) – WarnerMedia CEO Jason Kilar said the future of Hollywood is in the blockchain as he prepares to leave the media company that he helped lead …

  • Financial News

    Fed’s Daly sees slower growth, but no recession ahead

    by Reuters April 5, 2022
    by Reuters April 5, 2022

    (Reuters) – Interest rate hikes aimed at bringing down too-high inflation will slow economic growth but will not tip the U.S. economy into recession, San Francisco Federal Reserve Bank President …

  • Financial News

    Fed’s Evans sees 7 rate hikes this year, but says that could change

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Ann Saphir (Reuters) – Chicago Federal Reserve President Charles Evans on Friday repeated his view that the U.S. central bank will likely need to make seven quarter-of-a-percentage-point interest rate …

  • Financial News

    IMF sees Greek economy growing at slower pace due to Ukraine

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    By Lefteris Papadimas ATHENS – Greece’s economy is expected to expand 3.5% this year due to higher energy prices and the Ukraine crisis, the International Monetary Fund said on Friday, …

  • Financial News

    Chinese capital sees energy consumption peak, weaned off coal by 2035

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    SINGAPORE – The Chinese capital Beijing will largely wean itself off coal by 2035, when its total energy use is expected to peak at the equivalent of 90 million tonnes …

  • Financial News

    Swedish govt sees economy slowing this year amid high inflation

    by Reuters April 1, 2022
    by Reuters April 1, 2022

    STOCKHOLM – Sweden’s economy will slow this year with headline inflation expected to run at its highest level since the early 1990s, the government said in a pre-budget forecast on …

  • US and World News

    U.S. State Dept sees ‘limited’ progress on consular access for detained Americans

    by Reuters March 31, 2022
    by Reuters March 31, 2022

    WASHINGTON – There has been “limited additional progress” on Washington’s demand for consular access to U.S. citizens detained in Russia, State Department spokesperson Ned Price said on Thursday, adding that …

  • Financial News

    S&P Global sees Russia-Ukraine insurance losses of $16-35 billion

    by Reuters March 31, 2022
    by Reuters March 31, 2022

    LONDON – S&P Global sees losses in the speciality insurance market of $16-35 billion from the Russia-Ukraine conflict, the ratings agency said on Thursday. This includes possible aviation insurance losses …

  • Financial News

    ECB sees inflation stabilising around 2% target: Lane

    by Reuters March 31, 2022
    by Reuters March 31, 2022

    FRANKFURT – Euro zone inflation is increasingly likely to stabilise around 2% but the European Central Bank should be ready to change course if the outlook deteriorates due to Russia’s …

  • Financial News

    Sanctioned Russian bank VTB sees strong demand for gold bars

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    (Reuters) – Russia’s second-largest lender VTB, hit by Western sanctions over Moscow’s actions in Ukraine, has sold one tonne of gold to customers this month and expects demand to increase, …

  • Financial News

    Ivanhoe Mines’ Friedland sees logistics cost squeeze easing

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    JOHANNESBURG – High shipping costs have posed a “challenge” for Democratic Republic of Congo-focused copper producer Ivanhoe Mines, but an alternative route to port via Angola should ease the squeeze, …

  • Financial News

    NextEra sees no financial impact from U.S. solar import investigation

    by Reuters March 29, 2022
    by Reuters March 29, 2022

    (Reuters) – NextEra Energy Inc, the world’s biggest renewable energy company, said on Tuesday it was disappointed with the U.S. Commerce Department’s decision to open an investigation into solar panel …

  • Financial News

    Emirates airline chief sees return to profit next year

    by Reuters March 29, 2022
    by Reuters March 29, 2022

    By Yousef Saba DUBAI – Dubai’s Emirates expects to significantly reduce losses in the current financial year and return to profit next year, the airline’s president indicated on Tuesday. “We …

  • Financial News

    Sumitomo Metal sees global nickel demand for battery use at 410,000 in 2022

    by Reuters March 29, 2022
    by Reuters March 29, 2022

    TOKYO – Global demand for nickel used in batteries is expected to rise more than 20% this year on solid demand for electric vehicles (EVs), Japan’s biggest smelter of the …

  • Financial News

    U.S. sees compliance, even ‘self-sanctioning’, on Russia export controls in Asia

    by Reuters March 28, 2022
    by Reuters March 28, 2022

    TAIPEI – The United States has not seen any indications of non-compliance in Asia with export controls on Russia due to its invasion of Ukraine, and companies are even self-sanctioning, …

  • Financial News

    Taiwan sees Ukraine war helping Chinese yuan’s internationalisation

    by Reuters March 28, 2022
    by Reuters March 28, 2022

    TAIPEI – The war in Ukraine and Russia’s effective exclusion from the global currency system could be an opportunity for China to raise the profile of its currency in a …

  • Financial News

    Daimler Truck sees electric trucks costs staying high, FT says

    by Reuters March 27, 2022
    by Reuters March 27, 2022

    (Reuters) – The chief executive of Daimler Truck said electric truck costs would “forever be higher” than those using combustion engines, the Financial Times reported on Sunday, as Russia’s invasion …

  • Financial News

    Fed’s Waller says he sees no need for U.S. central bank digital currency

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    – U.S. Federal Reserve Governor Christopher Waller said on Friday he is not convinced of the need for a central bank digital currency, particularly for retail customers who already have …

  • Financial News

    Fed’s Mester calls for frontloading rate hikes, sees rise to 2.5% in 2022

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    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 …

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