Category Archives:
Pakistan central bank may raise rates by 125 bps to tame 13-year high inflation
ISLAMABAD (Reuters) - Pakistan's central bank looks set to raise its key policy rate by 125 basis points at its review on Thursday, as it attempts to tackle 13-year high retail inflation, according to...
Jul 05, 2022
UK firms see small pick-up in June but inflation worries mount – PMI
LONDON (Reuters) - Growth among British businesses last month was a touch stronger than originally thought but there were further signs of how surging inflation is dragging on new orders, raising fear...
Jul 05, 2022
Inflation turns 3% growth for German retail into 2% contraction – association
BERLIN (Reuters) - The German Retail Association left unchanged its forecast for the sector to grow 3% in nominal terms in 2022, but rising inflation meant that turnover would shrink by 2% in real ter...
Jul 05, 2022
IKEA reopens for online fire sale in Russia before market exit
MOSCOW (Reuters) - IKEA will open for business for a final time in Russia on Tuesday, with customers permitted to buy goods in an online-only fire sale before the Swedish furniture company winds down ...
Jul 05, 2022
IMF mission will visit Ghana July 6-13 to begin talks on programme
LONDON (Reuters) - A staff mission from the International Monetary Fund will visit Ghana from July 6-13 to begin initial discussions about possible programme, the Fund said in a statement on Tuesday. ...
Jul 05, 2022
Crisis-hit Sri Lanka to present debt restructure plan to IMF by August
By Uditha Jayasinghe COLOMBO (Reuters) -Crisis-hit Sri Lanka will present a debt restructuring plan to the International Monetary Fund by the end of August, in a bid to win approval for a four-year fu...
Jul 05, 2022
BOJ may adjust ultra-loose policy before Kuroda’s term ends – ex-central bank exec
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan may adjust its ultra-loose monetary policy before dovish Governor Haruhiko Kuroda's term ends next April, if the economy strengthe...
Jul 05, 2022
Japan’s KDDI: Telecoms networks back up and running after failure
TOKYO (Reuters) - Japanese wireless carrier KDDI Corp said on Tuesday all telecommunications networks have returned to normal after a nationwide system failure. Telecommunication services for both cor...
Jul 05, 2022
Italy service sector growth slows for second month in June -PMI
ROME (Reuters) - Italy's services sector growth slowed for a second month running in June amid high inflation and faltering demand, a survey showed on Tuesday. S&P Global's Purchasing Managers' Index ...
Jul 05, 2022
France’s Spotify rival Deezer loses ground on its stock market debut
PARIS (Reuters) - Shares in French music streaming platform Deezer fell 6% on their Paris market debut on Tuesday. Deezer opened at 8.50 euros, before heading down, trading at 7.99 euros per share by ...
Jul 05, 2022
Peoria, IL, USA
42 °F Partly cloudy
