Category Archives:
No easy fix for China as economy slows more than expected
By Kevin Yao BEIJING (Reuters) - An unexpectedly weak run of Chinese economic data this month has raised the heat on policymakers to deliver more stimulus measures, but it also shows the limited effec...
Nov 11, 2022
EU exec revises up 2022 euro zone growth forecast, sees bigger slowdown in 2023
BRUSSELS (Reuters) - The euro zone economy will grow more than previously expected in 2022, the European Commission forecast on Friday, and decelerate more than previously thought in 2023, but the slo...
Nov 11, 2022
BoE’s Bailey says efforts to curb inflation likely to take 18 months to 2 years
LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Friday that efforts to bring inflation under control were likely to take between 18 months and two years, adding that inflation was "w...
Nov 11, 2022
Kenya in talks for World Bank support loan
NAIROBI (Reuters) - Kenya is in talks with the World Bank for a budget support loan, sources said on Friday, as the new government of President William Ruto moves to secure cheaper sources of finance....
Nov 11, 2022
Hackers release Thales data on dark web, franceinfo says
(Reuters) - Data relating to French defence and technology group Thales have been published on the dark web by hacker group LockBit 3.0, franceinfo news website reported on Friday. The company this we...
Nov 11, 2022
Exclusive-U.S. Treasury’s Yellen to meet with China central bank chief at G20 summit in Bali
By David Lawder NEW DELHI (Reuters) - U.S. Treasury Secretary Janet Yellen told Reuters on Friday that she plans to meet with China's central bank governor Yi Gang on the sidelines of the G20 Summit i...
Nov 11, 2022
Musk says his companies will remain well positioned in 2023
(Reuters) - Elon Musk, who heads five companies including Tesla Inc and Twitter Inc, said in a tweet on Friday that his companies will be well positioned in 2023 despite the possibility of a tough eco...
Nov 11, 2022
Czech central bank not in FX market since last meeting, Dedek says
PRAGUE (Reuters) - The Czech National Bank has not been present in currency markets to defend the crown since its last policy meeting on Nov. 3, but stands ready to prevent excessive fluctuations in t...
Nov 11, 2022
Euro zone yields edge higher after plunging on U.S. inflation
By Samuel Indyk LONDON (Reuters) - Euro zone bond yields were a touch higher on Friday after plunging the day before when U.S. inflation data showed signs of cooling off, supporting the view that the ...
Nov 11, 2022
Berkshire Hathaway sells $145 million of shares in China’s BYD, filing shows
HONG KONG (Reuters) - Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 5.78 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.14 billion ($145.38 milli...
Nov 11, 2022
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