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Inflation in Pakistan could average 33% in H1 2023, says Moody’s economist
By Swati Bhat and Gibran Naiyyar Peshimam MUMBAI/ISLAMABAD (Reuters) - Inflation in Pakistan could average 33% in the first half of 2023 before trending lower, and a bailout from the International Mon...
Syndicated Content Feb 15, 2023
India may consider fuel, maize tax cuts to cool inflation – sources
By Swati Bhat and Aftab Ahmed MUMBAI/NEW DELHI (Reuters) - The Indian government could consider reducing taxes on some items such as maize and fuel in response to the central bank's recommendations to...
Syndicated Content Feb 15, 2023
Euro zone inflation could fall faster than thought, ECB’s De Cos says
MADRID (Reuters) - Euro zone inflation could fall faster than earlier thought given a host of positive developments in recent months but past price hikes and a tight labour market could still exert up...
Syndicated Content Feb 15, 2023
TenneT, Germany’s sonnen harness EV batteries to stabilise power grid
FRANKFURT (Reuters) - German solar firm sonnen said on Wednesday it has successfully stored excess grid power in electric car batteries owned by its customers to help stabilise power networks operated...
Syndicated Content Feb 15, 2023
Chinese chip trade group opposes export controls from U.S., Netherlands, Japan
SHANGHAI (Reuters) - The China Semiconductor Industry Association (CSIA), the country's top chip industry trade group, opposes reported export controls from the United States, Japan and the Netherland...
Syndicated Content Feb 15, 2023
Barclays profit slides 14% as trading blunder and deal slump bite
By Lawrence White and Iain Withers LONDON (Reuters) - Barclays reported a 14% fall in annual profits, as costs from an administrative blunder that saw it oversell securities in the United States compo...
Syndicated Content Feb 15, 2023
Column-Faced down by Fed, markets dab 6% onto risk radar :Mike Dolan
By Mike Dolan LONDON (Reuters) - Market pricing tends to swing back and forth like a pendulum around eventual outcomes - and investors may now have to brace for another tough period working out the am...
Syndicated Content Feb 15, 2023
Glencore declares $7.1 billion payout to shareholders after record 2022 trading profit
(Reuters) - Glencore announced a payout of $7.1 billion to its investors on Wednesday, including a new $1.5 billion share buyback programme, after the company posted a record 2022 trading profit thank...
Syndicated Content Feb 15, 2023
Factbox: Steelmaker Celsa puts Spain’s new insolvency law to test
By Jess Aguado and Chiara Elisei Spain's largest private industrial group, Celsa, is putting a new insolvency law to the test with creditors and family owners unable to agree on how to restructure rou...
Syndicated Content Feb 15, 2023
UK inflation rate falls more than expected to 10.1%
LONDON (Reuters) -British consumer price inflation fell by more than expected to 10.1% in January from December's 10.5% and there were also drops in underlying measures of price growth that are being ...
Syndicated Content Feb 15, 2023
Peoria, IL, USA
44 °F Mist
