UK PM Sunak sacks party chairman Zahawi over tax affairs © Reuters. FILE PHOTO: British Minister without Portfolio Nadhim Zahawi looks on outside the Conservative Party’s headquarters in London, Britain January 23, 2023. REUTERS/Henry Nicholls By Alistair Smout LONDON (Reuters) – British Prime Minister Rishi...
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China central bank to roll over lending tools to spur growth
China central bank to roll over lending tools to spur growth © Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo BEIJING...
Pakistan govt lifts petrol, diesel prices by 35 rupees a litre
Pakistan govt lifts petrol, diesel prices by 35 rupees a litre © Reuters. Employees sit next to fuel pumps as they close the petrol station after running out of petrol, in Islamabad, Pakistan July 26, 2017. REUTERS/Caren Firouz/Files (Reuters) – Pakistan’s ministry of finance announced...
Philippines to offer value-added tax refund to foreign tourists by 2024
Philippines to offer value-added tax refund to foreign tourists by 2024 © Reuters. FILE PHOTO: A fire dancer performs for tourists, who are wearing masks for protection against the coronavirus disease (COVID-19), on Boracay Island, Aklan province, Philippines, December 1, 2021. Picture taken December 1,...
China aims to boost consumption and imports as global demand cools
China aims to boost consumption and imports as global demand cools © Reuters. FILE PHOTO: A woman and a child walk past workers sorting toys at a shopping mall in Beijing, China January 11, 2023. REUTERS/Tingshu Wang/File Photo BEIJING (Reuters) – China’s cabinet said on...
Sri Lanka economy could shrink by -3.5% to -4%, president says
Sri Lanka economy could shrink by -3.5% to -4%, president says © Reuters. FILE PHOTO: A vendor waits for customers at a shoe shop in the main market as Sri Lankan President Ranil Wickremesinghe announced 2023 budget amid the country’s economic crisis, in Colombo, Sri...
MSCI seeks feedback on Adani Group over Hindenburg report
MSCI seeks feedback on Adani Group over Hindenburg report © Reuters. The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023. REUTERS/Amit Dave (Reuters) – Index provider MSCI said on Saturday...
U.S. seeks tighter bail for FTX founder Bankman-Fried to prevent tampering
U.S. seeks tighter bail for FTX founder Bankman-Fried to prevent tampering © Reuters. FILE PHOTO: Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, arrives on the day of a hearing at Manhattan federal court in...
S&P downgrades Hungary’s ratings to ‘BBB-/A-3’
S&P downgrades Hungary’s ratings to ‘BBB-/A-3’ © Reuters. FILE PHOTO: The S&P Global logo is displayed on its offices in the financial district in New York City, U.S., December 13, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) -Credit ratings agency S&P on Friday cut Hungary’s long- and...
U.S. seeks to advance Americas economic plan with partners
U.S. seeks to advance Americas economic plan with partners © Reuters. FILE PHOTO: U.S. Secretary of State Antony Blinken speaks during a joint press conference with U.S. Secretary of Defense Lloyd Austin and Japan’s Foreign Minister Yoshimasa Hayashi and Defense Minister Yasukazu Hamada as part...
Dollar clings to gains after U.S. data; traders eye Fed next week
Dollar clings to gains after U.S. data; traders eye Fed next week 2/2 © Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar clung to modest...
India’s Gautam Adani: Asia’s richest man in the eye of a storm
India’s Gautam Adani: Asia’s richest man in the eye of a storm © Reuters. FILE PHOTO: Indian billionaire Gautam Adani speaks during an interview with Reuters at his office in the western Indian city of Ahmedabad April 2, 2014. Picture taken April 2, 2014. REUTERS/Amit...
Twitter research group stall complicates compliance with new EU law
Twitter research group stall complicates compliance with new EU law © Reuters. FILE PHOTO: Twitter logo and a photo of Elon Musk are displayed through magnifier in this illustration taken October 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo By Sheila Dang (Reuters) – The stalling of...
Former treasury secretary Summers says Fed should not signal its next move – BBG
Former treasury secretary Summers says Fed should not signal its next move – BBG © Reuters. Former treasury secretary Summers says Fed should not signal its next move – BBG By Sam Boughedda Lawrence Summers, the former Treasury Secretary, encouraged the Federal Reserve to pull...
Colombia raises interest rate to 12.75%, may not be final hike
Colombia raises interest rate to 12.75%, may not be final hike © Reuters. FILE PHOTO: General view of Colombia’s central bank in Bogota, Colombia October 9, 2019. REUTERS/Luisa Gonzalez By Nelson Bocanegra BOGOTA (Reuters) -Colombia’s central bank board raised the benchmark interest rate by 75...
U.S. consumer spending ends 2022 on weaker footing; inflation slowing
U.S. consumer spending ends 2022 on weaker footing; inflation slowing © Reuters. Shoppers line up for the Black Friday sales at the King of Prussia shopping mall in King of Prussia, Pennsylvania, U.S. November 26, 2021. REUTERS/Rachel Wisniewski By Lucia Mutikani WASHINGTON (Reuters) – U.S....
China, U.S. spar at WTO meeting over disputes
China, U.S. spar at WTO meeting over disputes © Reuters. Flags of U.S. and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/Illustration/File Photo By Emma Farge GENEVA (Reuters) -China and the United States exchanged sharp criticism at a World Trade...
U.S. Federal Reserve rejects crypto-focused bank’s application to be supervised by the Fed
U.S. Federal Reserve rejects crypto-focused bank’s application to be supervised by the Fed © Reuters. FILE PHOTO: The U.S. Federal Reserve building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed/File Photo By Hannah Lang (Reuters) -The U.S. Federal Reserve on Friday rejected crypto-focused Custodia...
Italy, Lufthansa sign letter of intent over ITA minority stake sale
Italy, Lufthansa sign letter of intent over ITA minority stake sale 3/3 © Reuters. FILE PHOTO: Planes of German air carrier Lufthansa are parked as Lufthansa pilots start a strike over a wage dispute, at the airport in Frankfurt, Germany September 2, 2022. REUTERS/Kai Pfaffenbach/File...
Dollar holds gains after U.S. data; traders eye Fed next week
Dollar holds gains after U.S. data; traders eye Fed next week 2/2 © Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar clung to modest gains...
Brazil’s central bank to keep wary stance against govt flak: Reuters poll
Brazil’s central bank to keep wary stance against govt flak: Reuters poll © Reuters. People walk in front the Central Bank headquarters building in Brasilia, Brazil March 22, 2022. REUTERS/Adriano Machado By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank will keep a wary...
U.S. pending home sales post first gain in seven months in December
U.S. pending home sales post first gain in seven months in December © Reuters. A “For Sale” sign is posted outside a residential home in the Queen Anne neighborhood near the Space Needle in Seattle, Washington, U.S. May 14, 2021. REUTERS/Karen Ducey WASHINGTON (Reuters) –...
U.S. consumer spending posts second straight monthly decline; inflation cooling
U.S. consumer spending posts second straight monthly decline; inflation cooling © Reuters. Shoppers line up for the Black Friday sales at the King of Prussia shopping mall in King of Prussia, Pennsylvania, U.S. November 26, 2021. REUTERS/Rachel Wisniewski By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer...
Fund inflows to stocks highest in six weeks – BofA
Fund inflows to stocks highest in six weeks – BofA © Reuters. Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2023. REUTERS/Andrew Kelly (Reuters) – Weekly inflows into stocks in the week to...
China calls Washington a ‘bully’ at WTO trade disputes meeting
China calls Washington a ‘bully’ at WTO trade disputes meeting © Reuters. Flags of U.S. and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/Illustration/File Photo By Emma Farge GENEVA (Reuters) -China strongly criticised the United States at a World Trade...
Fed seen ending rate hikes by March as inflation slows
Fed seen ending rate hikes by March as inflation slows © Reuters. A U.S. five dollar note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration (Reuters) – The U.S. central bank is seen delivering two more quarter-point interest-rate increases before ending its...
Pakistani rupee fall slows as PM Sharif hopes for IMF funds
Pakistani rupee fall slows as PM Sharif hopes for IMF funds © Reuters. FILE PHOTO: A currency trader counts Pakistani Rupee notes as he prepares an exchange of U.S dollars in Islamabad, Pakistan December 11, 2017. REUTERS/Caren Firouz/File Photo By Ariba Shahid and Asif Shahzad...
Bond strategists take axe to U.S. Treasury yield forecasts: Reuters poll
Bond strategists take axe to U.S. Treasury yield forecasts: Reuters poll © Reuters. U.S. Dollar banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration By Hari Kishan BENGALURU (Reuters) – U.S. Treasury yields a year from now are forecast to trade...
GM, Ford must convince investors they can profit as prices fall
GM, Ford must convince investors they can profit as prices fall 2/2 © Reuters. The 40 millionth Ford Motor F-series pickup truck is seen on the assembly line at the Dearborn Truck Plant in Dearborn, Michigan, U.S., January 26, 2022. REUTERS/Rebecca Cook 2/2 DETROIT (Reuters)...
Germany’s Bosch to increase stake in Sweden’s Husqvarna to 12%
Germany’s Bosch to increase stake in Sweden’s Husqvarna to 12% © Reuters. FILE PHOTO: The logo of Bosch is seen at an office building in Kyiv, Ukraine July 6, 2020. REUTERS/Valentyn Ogirenko BERLIN (Reuters) – Bosch said on Friday it had agreed to increase its...