Category Archives:
Owner of former Volvo truck plant in Russia relaunches production
MOSCOW (Reuters) - The new owner of Swedish truck maker Volvo AB's former Russian plant has relaunched production after a near two-year hiatus, it said on Thursday, and plans to produce 2,000 trucks i...
Dec 14, 2023
Virgin Australia averts strikes with cabin crew pay deal
(Reuters) - Virgin Australia has reached a cabin crew pay deal with unions that had called for strikes ahead of the busy end-of-year travel season, the airline said on Thursday. The in-principle agree...
Dec 14, 2023
India’s Nov wholesale prices rise after 7 months of decline
NEW DELHI (Reuters) -India's wholesale price index in November rose 0.26% from a year earlier, returning to positive territory after seven months on higher food prices, government data showed on Thurs...
Dec 14, 2023
Indonesia’s November trade surplus seen narrowing to $3 billion : Reuters poll
JAKARTA (Reuters) - Indonesia's trade surplus is likely to narrow in November as exports are seen posting another contraction, while imports are expected to witness a marginal growth, a Reuters poll s...
Dec 14, 2023
Philippines central bank keeps benchmark rate unchanged at 6.50%
MANILA (Reuters) - The Philippine central bank kept its benchmark interest rate steady at 6.50% for a second straight meeting on Thursday as price pressures have started to ease, but signaled policy w...
Dec 14, 2023
Saudi inflation in November rises slightly to 1.7%
RIYADH (Reuters) - Saudi Arabia's annual inflation rate rose to 1.7% in November from 1.6% the previous month, government data showed on Thursday, with rising housing rents the main driver once again....
Dec 14, 2023
Nigerian patients feel pain of soaring drug prices
By Vining Ogu LAGOS (Reuters) - When Sodiq Ajibade emerged from a Lagos pharmacy holding asthma medication, one drug on his prescription was missing because he did not have the money to buy it. The pr...
Dec 14, 2023
World Bank cuts Thai growth outlook to 2.5% this year, 3.2% next year
BANGKOK (Reuters) - Thailand's economic growth is expected at 2.5% this year before accelerating to 3.2% in 2024, supported by a recovery in tourism, exports and sustained private consumption, the Wor...
Dec 14, 2023
Telenor to sell Pakistan telecoms unit for $490 million
OSLO (Reuters) -Norway's Telenor said on Thursday it had agreed to sell its Pakistan unit to state group Pakistan Telecommunications in a transaction valuing the operation at 5.3 billion Norwegian cro...
Dec 14, 2023
France’s Credit Agricole to stop financing new fossil fuel projects
PARIS (Reuters) -Credit Agricole, France's second-largest listed bank, said on Thursday it would stop financing any new fossil fuel extraction projects and publish its exposure to that sector as part ...
Dec 14, 2023
Peoria, IL, USA
55 °F Mist
