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 …
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- Financial News
Russian central bank sees room for rate cut -policymaker to Interfax
by Reutersby Reuters(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 Reutersby ReutersSAO 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 Reutersby ReutersBy 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 …
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(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 Reutersby Reuters(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 Reutersby ReutersBy 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 …
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(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 Reutersby ReutersBy 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 …
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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 Reutersby ReutersSINGAPORE – 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 Reutersby ReutersSTOCKHOLM – 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 Reutersby ReutersWASHINGTON – 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 Reutersby ReutersLONDON – 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 …
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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 …
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(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, …
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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 Reutersby Reuters(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 …
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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 Reutersby ReutersTOKYO – 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 Reutersby ReutersTAIPEI – 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 Reutersby ReutersTAIPEI – 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 …
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(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 Reutersby Reuters– 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 Reutersby ReutersBy 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 …