(Reuters) – The economy of Belarus is expected to shrink by 4% in 2022 after western nations imposed punitive measures,…
Canadian miner First Quantum starts arbitration against Panama, says government
By Valentine Hilaire PANAMA CITY (Reuters) -Canada-based miner First Quantum Minerals Ltd and its subsidiary Minera Panama started arbitration processes…
Tesla suspends production at Shanghai plant
SHANGHAI (Reuters) – Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people…
German inflation to stay high for two years – adviser
BERLIN (Reuters) -Inflation is likely to remain high for another two years as companies pass on higher input costs and…
ECB must be ready to take the heat and raise rates more, Schnabel says
FRANKFURT (Reuters) – The European Central Bank must be prepared to take the heat and raise interest rates further, including…
Hungary imposes windfall tax on drug producers to plug budget gap
BUDAPEST (Reuters) -Hungary’s government has imposed a windfall tax on drug producers based on net revenues generated in 2022 and…
China central banker calls for strengthening property sector policies
SHANGHAI (Reuters) – A top advisor to the People’s Bank of China on Saturday called for strengthening of real estate…
