Category Archives:
Turkey’s Erdogan says interest rates will fall as long as he is in power
ANKARA (Reuters) - Turkish President Tayyip Erdogan said on Friday that interest rates will fall as long as he is in power, and that inflation will decline with them, repeating his unorthodox views. E...
Apr 21, 2023
Zambia says it’s close to MoU with official creditors on debt relief
LUSAKA (Reuters) - Zambia's official creditors are close to signing a memorandum of understanding on debt relief, Finance Minister Situmbeko Musokotwane said on Friday. "We are close but not yet there...
Apr 21, 2023
US Homeland security chief creating artificial intelligence task force
WASHINGTON (Reuters) - U.S. Homeland Security Secretary Alejandro Mayorkas said Friday that the agency would create a task force to figure out how to use artificial intelligence to do everything from ...
Apr 21, 2023
Factbox-Lithium key element for electric vehicle ramp up
(Reuters) - Chile, the world's second largest lithium producer, said it plans to transfer control of the production of the mineral essential for electric vehicle (EV) batteries to a new state-owned co...
Apr 21, 2023
Canada Feb retail sales down 0.2% on gasoline, seen down 1.4% in March
OTTAWA, April 21 (Reuters) - Canadian retail sales fell 0.2% in February from January to C$66.34 ($49.05 billion), on lower sales at gasoline stations and general merchandise retailers, Statistics Can...
Apr 21, 2023
Chad recalls envoy to Cameroon as dispute over Exxon’s asset sale escalates
N'DJANEMA (Reuters) - Chad has recalled its ambassador to neighbouring Cameroon in the latest escalation of a dispute over the sale by Exxon Mobil of its oil assets in both countries to Savannah Energ...
Apr 21, 2023
France to take action if food retailers don’t pass on falling prices
PARIS (Reuters) - French Finance Minister Bruno Le Maire pledged on Friday to take action against food retailers if they do not pass on lower wholesale prices to consumers struggling to cope with the ...
Apr 21, 2023
India’s forex reserves rise for second week, hit over 9-month high
MUMBAI (Reuters) - India's foreign exchange reserves rose for a second week to hit an over nine-month high of $586.41 billion for the week ended April 14, the Reserve Bank of India's (RBI) statistical...
Apr 21, 2023
China passes guidance for supporting private sector – state media
BEIJING (Reuters) - China's ruling Communist Party has passed guidance for promoting the development of private firms, state media said on Friday, signalling more steps to reinvigorate a sector hurt b...
Apr 21, 2023
Copper miner Freeport-McMoRan beats profit estimates
(Reuters) - Copper miner Freeport-McMoRan Inc reported a first-quarter profit on Friday that beat analysts' estimates, helped by a recovery in demand from top consumer China. Demand for copper has bee...
Apr 21, 2023
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