FRANKFURT (Reuters) -Euro zone inflation eased far more than expected in November, raising hopes that sky-high price growth is now…
Venezuelan oil exports flow using false documents, ships linked to Iran
By Marianna Parraga and Jonathan Saul HOUSTON/LONDON (Reuters) – When the supertanker Young Yong sailed to the Chinese port of…
U.S. goods trade deficit widens sharply in October
WASHINGTON (Reuters) – The U.S. trade deficit in goods widened sharply in October as exports declined amid slowing global demand…
German cabinet approves exit from Energy Charter Treaty
BERLIN (Reuters) -Economy Minister Robert Habeck on Wednesday announced Germany’s withdrawal from the Energy Charter Treaty, as growing dissatisfaction with…
Sweden’s H&M to lay off 1,500 staff in drive to cut soaring costs and rescue profits
By Stine Jacobsen COPENHAGEN (Reuters) – Swedish fashion giant H&M on Wednesday became the first big European retailer to start…
U.S. private payrolls growth slows in November-ADP
WASHINGTON (Reuters) – U.S. private payrolls increased far less than expected in November, suggesting demand for labor was cooling amid…
Citi expects global growth to slow below 2% in 2023
(Reuters) – Citigroup on Wednesday forecast global growth to slow to below 2% next year, echoing similar projections by major…
Germany trying to find amicable agreement with U.S. on inflation act
BERLIN (Reuters) – Germany and its European Union partners are trying to find an amicable agreement with the United States…
Portugal’s Q3 growth accelerates with consumption but future not shining
By Sergio Goncalves LISBON (Reuters) – Portugal’s economy expanded 0.4% in the third quarter from 0.1% in the previous quarter,…
Close Yellen adviser Lipton to step down
(Reuters) -David Lipton, one of U.S. Treasury Secretary Janet Yellen’s closest advisers who has helped shape international economic policy, will…