Category Archives:
IMF lowers Russia 2024 GDP growth forecast to 1.1%
(Reuters) - Russia's economy will grow by 1.1% in 2024, slower than previously forecast, the International Monetary Fund said, after significant spending and resilient consumption in a stretched labou...
Oct 10, 2023
Global banking watchdog dismisses need for change after Credit Suisse debacle
By Huw Jones LONDON (Reuters) - A global body with banking oversight has played down the rescue of Credit Suisse, saying there was no need for an overhaul of international rules written after the glob...
Oct 10, 2023
IMF says US bond sell-off may reflect extra quantities on market
By Andrea Shalal MARRAKECH, Morocco (Reuters) - The International Monetary Fund is carefully watching global bond market developments after a recent U.S. selloff, the fund's top economist said, adding...
Oct 10, 2023
Daimler Truck premieres new eActros 600 in step towards all-electric shift
BERLIN (Reuters) - Mercedes-Benz Trucks, the European division of commercial vehicle maker Daimler Truck, premiered its battery-electric long-haul truck eActros 600 on Tuesday, with series production ...
Oct 10, 2023
IMF says global economy ‘limping along,’ cuts growth forecast for China, euro area
By Andrea Shalal MARRAKECH, Morocco (Reuters) - The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro area and said overall global growth remained low and uneven d...
Oct 10, 2023
Russian rouble dives back towards over 18-month low vs dollar
(Reuters) - The Russian rouble dived towards 101 against the dollar on Tuesday, heading back towards a more than 18-month low reached in the previous session, under pressure from domestic demand for f...
Oct 10, 2023
Foreign outflows rock Asian equities in September amid rate concerns
By Gaurav Dogra (Reuters) - Asian equities suffered massive foreign outflows in September, hit by worries about interest rates remaining higher for a prolonged period in the United States and a surge ...
Oct 10, 2023
BMW sees Q3 surge in battery-electric vehicle sales
BERLIN (Reuters) - German carmaker BMW saw group sales of its battery-electric vehicles surge by 79.6% year on year in the third quarter of 2023 to 93,931 units, the company said on Tuesday. Total gro...
Oct 10, 2023
UK grocery inflation eases to lowest level since July 2022 -Kantar
By James Davey LONDON (Reuters) - British grocery inflation eased to its lowest rate for 15 months heading into October, industry data showed on Tuesday, providing more relief for shoppers hurt by hig...
Oct 10, 2023
ECB’s Villeroy : inflation to still land at around 2 pct by 2025 despite violence in Israel
PARIS (Reuters) - Inflation should still land at the European Central Bank's target of around 2% by 2025 despite the violence in Israel weighing on commodity prices, ECB policymaker Francois Villeroy ...
Oct 10, 2023
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