By Deborah Mary Sophia (Reuters) – Home Depot Inc tapped higher prices to override a drop in customer transactions for…
Nigeria’s debt service costs to remain elevated in medium term -Fitch
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s debt service costs will remain elevated in the short to medium term, which…
Slowed producer prices another plus for Fed’s inflation fight
By Howard Schneider WASHINGTON (Reuters) – Prices paid by U.S. businesses rose less than expected in October with some key…
Peru’s economy grows by 1.66% in September, slight dip from August
LIMA (Reuters) -Peru’s economy expanded by 1.66% in September compared with the same month a year earlier, figures from the…
More chip production needed in Europe, Infineon CEO says
By Christina Amann MUNICH (Reuters) – Infineon Technologies AG Chief Executive Jochen Hanebeck supports contract manufacturers building more chip factories…
Fed’s Harker: better to pause rate hikes at the right time than risk overtightening
(Reuters) – The Federal Reserve should pause its interest rate hikes once its policy rate is at a sufficiently restrictive…
Germany completes Wilhelmshaven floating LNG terminal, more to come
By Vera Eckert FRANKFURT (Reuters) -Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG)…
Spanish truckers suspend strike, citing ‘harassment campaign’ by authorities
MADRID (Reuters) – A group representing part of Spain’s truck drivers said on Tuesday it was suspending an indefinite strike…
Oct PPI adds to relief over cooling US inflation
NEW YORK (Reuters) – U.S. producer prices increased less than expected in October, further evidence that inflation was starting to…
Fed focused on addressing ‘much too high’ inflation: Cook
By Ann Saphir (Reuters) – Federal Reserve Governor Lisa Cook on Tuesday said the U.S. central bank is focused on…