Category Archives:
Egypt’s December inflation accelerates to annual 21.3%
CAIRO (Reuters) - Egyptian annual urban consumer inflation in December rose to 21.3% from 18.7% in November, exceeding analyst expectations, data from the statistics agency CAPMAS showed on Tuesday. T...
Syndicated Content Jan 10, 2023
Thailand approves $100 billion budget for 2024 fiscal year
BANGKOK (Reuters) - Thailand's cabinet on Tuesday approved a budget of 3.35 trillion baht ($100 billion) for the fiscal year 2024. The new budget is 5.18% bigger than the previous year, government spo...
Syndicated Content Jan 10, 2023
India expects utilities’ annual coal demand to surge about 8% after renewables shortfall
By Sudarshan Varadhan SINGAPORE/NEW DELHI (Reuters) - India expects its power plants to burn about 8% more coal in the fiscal year ending March 2024, according to a senior government official and a po...
Syndicated Content Jan 10, 2023
Carlyle Group buys majority stake in India’s VLCC
BENGALURU (Reuters) - Private-equity firm Carlyle Group said on Tuesday it acquired a majority stake in Indian beauty care and wellness solutions provider VLCC. The equity for the transaction will com...
Syndicated Content Jan 10, 2023
Investors see Brazil’s polarization, fiscal plans as key risks after protests
By Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK (Reuters) - The hordes of supporters of Brazil's former president Jair Bolsonaro that invaded top government buildings in the capital city we...
Syndicated Content Jan 10, 2023
Cryptoverse: Bitcoin digs in for a bumpy new year
By Lisa Pauline Mattackal (Reuters) - Bitcoin's looking steady in 2023. But it's only been a week. Cryptocurrencies have crept into the new year, licking their wounds after the carnage of 2022. The ov...
Syndicated Content Jan 10, 2023
Parts shortages impact Kenya Airways, cause flight disruptions
NAIROBI (Reuters) -Kenya Airways is experiencing flight disruptions due to delays in securing aircraft components required for maintenance, the carrier said late on Monday. The airline, which is one o...
Syndicated Content Jan 10, 2023
Marketmind: Paging Mr. Powell
A look at the day ahead in European and global markets from Anshuman Daga: The strong start to equity markets this year has got bulls excited but markets know it's better to be well behaved before Fed...
Syndicated Content Jan 09, 2023
U.S. banks get ready for shrinking profits and recession
By Saeed Azhar, Niket Nishant and Lananh Nguyen NEW YORK (Reuters) - U.S. banking giants are forecast to report lower fourth quarter profits this week as lenders stockpile rainy-day funds to prepare f...
Syndicated Content Jan 09, 2023
Asian tourism-focused businesses ready for China rebound as border reopens
By Minwoo Park, Chris Gallagher and Jiraporn Kuhakan SEOUL/TOKYO/BANGKOK (Reuters) - South Korean and Japanese shop owners, Thai tour bus operators and K-pop groups are among those celebrating China's...
Syndicated Content Jan 09, 2023
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