MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households edged lower in December to 12.1% from 12.2%…
Uniper to reshuffle supervisory board as part of nationalisation
(Reuters) – Uniper will reshuffle its supervisory board as part of the takeover by the German government, the utility firm…
UK inflation falls from 41-year high in run-up to BoE rate decision
By David Milliken LONDON (Reuters) -British inflation fell more than expected in November after it hit a 41-year high in…
Visa to invest $1 billion in Africa over 5 years to cash in on e-payments boom
By Mehnaz Yasmin (Reuters) – Visa Inc plans to invest $1 billion over the next five years in Africa to…
Indonesia to offer $5,000 subsidy on electric car sales
JAKARTA (Reuters) – Indonesia’s government plans to offer a subsidy of more than $5,000 on every sale of an electric…
Renault chairman: remains confident on outcome of talks with Nissan
FLINS-SUR-SEINE, France (Reuters) – The chairman of French carmaker Renault, Jean-Dominique Senard, said on Wednesday he remained confident about the…
EU Commission approves Italy’s 2023 draft budget despite reservations
BRUSSELS (Reuters) -Italy’s draft 2023 budget draft, drawn up by its new government, is overall in line with policies agreed…
Oversight board’s policy footprint increases in third quarter
(Reuters) – Facebook parent Meta Platforms Inc implemented more recommendations from its oversight board in the third quarter than the…
Brazil’s economic activity shrinks in October on rate hike impact
BRASILIA (Reuters) – Brazil’s economic activity contracted in October, a central bank index showed on Wednesday, as aggressive interest-rate hikes…
U.S. consumer loan delinquencies seen surging to 13-year high in 2023 – study
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – U.S. consumers will fall behind on their personal loan and…