By Mayela Armas CARACAS (Reuters) – Venezuela’s government expects oil exports to finance 63% of its national budget in 2023,…
Moody’s sees ‘very high’ foreign exchange risk for banks in Ukraine, Turkey
LONDON (Reuters) – Banks in countries such as Ukraine and Turkey face a “very high” risk from restrictions on capital…
Tesla China denies media reports of output cut at Shanghai plant
SHANGHAI (Reuters) – Tesla on Monday said media reports which said its plant in Shanghai would cut December output of…
Hungary central bank chief sees 15%-18% inflation in 2023, urges end to price caps
By Krisztina Than BUDAPEST (Reuters) -Hungary’s inflation could be between 15% and 18% next year, the National Bank of Hungary’s…
Ukraine and UAE to start talks on bilateral trade deal
By Rachna Uppal DUBAI (Reuters) -The United Arab Emirates and Ukraine agreed on Monday to begin talks on a bilateral…
Spain to lend Airbus 2.14 billion euros for miltary programmes
MADRID (Reuters) -Spain will lend Airbus 2.14 billion euros ($2.26 billion) to help the company to develop its military drone…
Why U.S. airline pilot wages are outpacing global rises
By Jamie Freed (Reuters) -Delta Air Lines has offered a 34% cumulative pay increase to its pilots over three years…
Swiss engineering group ABB fined $4.3 million
ZURICH (Reuters) – Swiss engineering and technology group ABB has been fined 4 million Swiss francs ($4.3 million) by the…
Vietnam central bank raises cap on 2022 credit growth
HANOI (Reuters) -Vietnam’s central bank said on Monday it had raised its 14% cap on the local banking system’s credit…
G7 price cap on Russian oil kicks in, Russia will only sell at market price
By Jan Strupczewski BRUSSELS (Reuters) – The Group of Seven price cap on Russian seaborne oil came into force on…