Category Archives:
Egypt’s current account moves into surplus in Oct-Dec
CAIRO (Reuters) - Egypt's current account turned a surplus for the first time in years in the October-to-December quarter as imports dropped and exports rose, the central bank said in a statement on W...
Syndicated Content May 03, 2023
Thailand’s April headline inflation lowest in 16 months, to drop further
BANGKOK (Reuters) - Thailand's headline inflation dropped to its lowest in 16 months in April thanks to lower energy and food prices and a high base in 2022, the commerce ministry said on Wednesday. T...
Syndicated Content May 03, 2023
Saudi economy edging closer to reducing dependence on oil –IMF official
By Rachna Uppal DUBAI (Reuters) - Government-led reforms and the growth of private investment in new sectors will help support non-oil economic growth in Saudi Arabia amid an expected sharp slowdown i...
Syndicated Content May 03, 2023
Growth in Middle East, Central Asia to slow amid global challenges – IMF
DUBAI (Reuters) - Economic growth in the Middle East, North Africa and Central Asia regions will slow in 2023, underlining the need to accelerate structural reforms, the International Monetary Fund (I...
Syndicated Content May 03, 2023
UniCredit raises 2023 guidance after strong quarter
MILAN (Reuters) - UniCredit on Wednesday raised its financial targets for the year, after joining peers in posting a stronger than expected first quarter income. Italy's only bank regulators deem of g...
Syndicated Content May 03, 2023
India’s April services activity hits near 13-year high, inflation accelerates
By Anant Chandak BENGALURU (Reuters) - India's services activity expanded at the fastest pace in nearly 13 years in April, driven by robust demand, according to a private survey which also showed pric...
Syndicated Content May 03, 2023
Lufthansa sees earnings boost from strong summer travel
FRANKFURT (Reuters) -German airline group Deutsche Lufthansa said it expected strong demand for holiday travel this summer to fill seats on its planes and help it reach its full-year targets. "The con...
Syndicated Content May 03, 2023
Analysis-Banking mess, Fed among worries threatening calm stretch in US stocks
By Lewis Krauskopf, Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) - The calm that has prevailed in the U.S. equity market may be starting to snap, as a range of worries bolster the case for ...
Syndicated Content May 03, 2023
Fed likely to hike rates, hint at pause in tightening cycle
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected on Wednesday to raise interest rates and perhaps signal a pause in its 14-month tightening cycle, as policymakers balance the...
Syndicated Content May 03, 2023
France’s BNP Paribas doubles profits in Q1 with Bank of the West sale
PARIS (Reuters) - BNP Paribas, the eurozone's biggest bank, saw profit more than double in the first quarter from a year ago, bolstered by the sale of its U.S. retail division while revenue beat estim...
Syndicated Content May 03, 2023
Peoria, IL, USA
69 °F Light Rain
