(Reuters) – The Federal Reserve needs to get inflation on to a sustainable path down toward its 2% goal this…
China lends Pakistan further $700 million to shore up FX reserves
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan will this week receive a new $700 million loan from China to help…
Rio Tinto slashes dividend as profit plunges on slower China demand
By Clara Denina and Harish Sridharan LONDON (Reuters) -Rio Tinto more than halved its dividend on Wednesday after posting a…
Apollo Global appoints former U.S. Senator Patrick Toomey to board
(Reuters) – Apollo Global Management Inc said on Wednesday former U.S. Senator Patrick Toomey has been appointed to its board,…
German trade with Central and Eastern Europe at record high – business group
BERLIN (Reuters) – German trade with Central and Eastern Europe climbed to a new high of 562 billion euros ($597.52…
S&P 500 index seen climbing 5% by end of 2023: Reuters poll
By Sinéad Carew NEW YORK (Reuters) – Wall Street’s benchmark S&P 500 index is expected to advance about 5% from…
U.S. mortgage interest rates jump to highest level since November – MBA
(Reuters) – The average interest rate on the most popular U.S. home loan rose last week to its highest since…
Egyptians lean on instalment payments to cope with inflation
By Sarah El Safty and Mariam Rizk CAIRO (Reuters) – Ahmed Ramadan, a 44-year-old father of three, started using instalment…
UK pay settlements hit 6%, highest since 1991: XpertHR
By Suban Abdulla LONDON (Reuters) – British employers offered the biggest annual pay rises in 32 years during the three…
Blackstone’s Ike leaves to start new investment firm
By Chibuike Oguh NEW YORK (Reuters) – Melvin Ike, a managing director in Blackstone Inc’s tactical opportunities group, has resigned…