Category Archives:
Russia may see wider 2023 budget deficit, lower growth for years to come -IMF
By Alexander Marrow MOSCOW (Reuters) - Russia may see a sharply wider budget deficit and a smaller current account surplus this year, while global isolation and lower energy revenues dampen its econom...
Apr 11, 2023
IMF warns deeper financial turmoil would slam global growth
By David Lawder WASHINGTON (Reuters) - The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but warned that a severe flare-...
Apr 11, 2023
UK economy set for smaller hit in 2023 than previously feared – IMF
(Reuters) - Britain now looks set for a shallower economic hit this year than previously thought but remains on course to suffer the sharpest contraction among the world's big, advanced economies, the...
Apr 11, 2023
IMF chief economist: stability risks should not deter central bank inflation fight
WASHINGTON (Reuters) - Central banks should not halt their fight against inflation because of financial stability risks, which look "very much contained," International Monetary Fund chief economist P...
Apr 11, 2023
Britain’s Sainsbury’s offers lower prices to loyalty card holders
By James Davey LONDON (Reuters) - Sainsbury's, Britain's second-largest supermarket group, on Tuesday began offering lower prices on more than 300 items to the 18 million members of its Nectar loyalty...
Apr 11, 2023
Credit Agricole urges EU to end ‘unfair’ safety net funding
By Huw Jones LONDON (Reuters) - French bank Credit Agricole has called on the European Union to address what it says is an unfair system of funding for the bloc's banking sector safety net. With the s...
Apr 11, 2023
Dominion Energy to buy solar project in Virginia
(Reuters) - Utilities firm Dominion Energy Inc will buy Longroad Energy's 108 megawatt solar project in Virginia, the U.S.-based renewable energy developer said on Tuesday. The solar project, called F...
Apr 11, 2023
Blackstone raises $30.4 billion for latest real estate fund
(Reuters) - Blackstone Inc said on Tuesday it had raised $30.4 billion for its latest global real estate fund, as the private equity behemoth looks to double down on the industry. The fund, called Bla...
Apr 11, 2023
Analysis-Heavy is the Norwegian crown in risk-averse market
By Joice Alves and Indradip Ghosh LONDON (Reuters) - The Norwegian crown is the worst-performing G10 currency so far in 2023, hurt by turmoil in the banking sector and a slowdown in central bank rate ...
Apr 11, 2023
Vivendi to sell celebrity magazine Gala to win EU approval for Lagardere bid -source
PARIS (Reuters) - French media giant Vivendi is set to commit to selling celebrity magazine Gala in a bid to win the European Commission's approval for the acquisition of Lagardere, a source close to ...
Apr 11, 2023
Peoria, IL, USA
83 °F Sunny
